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Tag Archives: Canadian exports

Canadian exports pummelled on virus industry shutdowns and oil price drop

Containers being loaded on a ship

BLOOMBERG, MAY 5, 2020 By Shelly Hagan for Bloomberg – Canadian exports plunged 4.7% in March to a more than two-year low as oil prices collapsed and the coronavirus pandemic shut down economies across the world. Export volumes dropped by the most since 2009. The drop in goods shipments widened the trade deficit to C$1.4 billion ($1 billion), from a revised C$894 …

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