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Canada’s services trade surplus widens to $0.4 billion in August

Statistics Canada reported exports rose 0.7% to $21.1 billion while imports fell 0.4% to $20.7 billion.

·Single primary source·First edition
  • The monthly surplus increased from $0.2 billion in July to $0.4 billion in August.
  • Commercial services exports rose 1.3% to $12.9 billion; travel services exports increased 0.6% to $5.9 billion.
Why it matters

The figures show a larger monthly surplus in services trade, according to Statistics Canada.

A little more context

Statistics Canada reported that transportation services exports fell 2.7% to $2.2 billion in August, dampening the overall export increase. Imports of transportation services declined 1.2% to $3.7 billion, while travel imports fell 0.4% to $5.1 billion and commercial services imports edged down 0.2% to $11.8 billion.

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The story’s history

  1. Version 1 · 1 hr ago

    First verified brief published.

How this brief is grounded

Canada’s services trade surplus widens to $0.4 billion in AugustStatistics Canada

Statistics Canada reported exports rose 0.7% to $21.1 billion while imports fell 0.4% to $20.7 billion.Statistics Canada

The monthly surplus increased from $0.2 billion in July to $0.4 billion in August.Statistics Canada

Commercial services exports rose 1.3% to $12.9 billion; travel services exports increased 0.6% to $5.9 billion.Statistics Canada

The figures show a larger monthly surplus in services trade, according to Statistics Canada.Statistics Canada

Statistics Canada reported that transportation services exports fell 2.7% to $2.2 billion in August, dampening the overall export increase.Statistics Canada

Imports of transportation services declined 1.2% to $3.7 billion, while travel imports fell 0.4% to $5.1 billion and commercial services imports edged down 0.2% to $11.8 billion.Statistics Canada

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