Statistics Canada says the country’s merchandise trade deficit narrowed to $1.3 billion in September as imports fell more than exports.
The result compared with a revised deficit of $1.5 billion for August. The initial estimate for August released last month had shown a deficit of $1.1 billion.
Statistics Canada says the results for September came as total exports edged down 0.1 percent to $63.9 billion.
Exports of metal and non-metallic mineral products fell 5.4 percent as exports of unwrought gold, silver, and platinum group metals, and their alloys, decreased 15.4 percent. Exports of energy products dropped 2.6 percent as lower prices weighed on crude oil exports.
Meanwhile, imports for September fell 0.4 percent to $65.1 billion as imports of metal and non-metallic mineral products dropped 12.7 percent….