Canada's Trade Deficit Widened In February On Higher Imports
06 April, 2018, 06:59
The report also showed the merchandise-trade gap with China, the world's second-biggest economy, narrowed to US$34.7 billion in February from US$35.5 billion.
The gap increased 1.6 per cent in February to US$57.6 billion, compared with the median estimate of economists for US$56.8 billion, Commerce Department data showed on Thursday.
At 9:43 a.m. EDT (1343 GMT), the Canadian dollar was trading almost unchanged at $1.2772 to the greenback, or 78.30 USA cents.
Acceleration in the USA economic activity and a loonie lingering below 80 United States cents might help in rebounding Canada's trade picture.
The Canadian dollar was steady against its US counterpart on Thursday, holding near an earlier five-week high even as the greenback broadly climbed and data showed a widening of Canada's trade deficit. The deficit with Mexico surged 46.6 percent in February.
China swiftly retaliated on Wednesday with a list of similar duties on key American imports including soybeans, planes, cars, beef and chemicals. Exports to the US increased 1.9%.
Cosby judge delivers 2 big victories to defense
The camera shows the judge, prosecutors and defense lawyers, but not potential jurors who are being questioned as a group. One juror said the panel was split 10-2 in favor of conviction, while another said the group was more evenly divided.
Trump between a rock and a hard place over trade issues. "In 2019, the tax legislation and budget deal will boost the federal deficit by $480 billion, boosting the trade deficit by $161 billion".
The rising trade gap was also due to weigh heavily on growth at the start of the year because deficits subtract from calculations of GDP. When adjusted for inflation, the trade deficit slipped to $69.11 billion from $69.96 billion in January. Exports of aircraft and other transportation equipment rocketed by 19.6 percent.
Exports grew by 0.4 percent as shipments of motor vehicles and parts rebounded by 5.0 percent following atypical Canadian auto plant closures in January.
The figures suggest trade may reduce the pace of economic growth in the first quarter, after it was a substantial drag on the economy in the final three months of 2017.
Exports to China were unchanged in February.
Overall, imports advanced to US$262 billion, boosted by capital goods, industrial supplies and materials, and foods, feeds and beverages.
The Bureau of Alcohol, Tobacco, Firearms and Explosives says it's also responding to the shooting at YouTube's suburban campus. City officials told KRON that they have received multiple 911 calls from the YouTube campus regarding a shooting.
Recep Tayyip Erdogan and Vladimir Putin have launched the construction of the Akkuyu nuclear power plant earlier in the day. The leaders of Turkey , Russia and Iran meet in Ankara on Wednesday to coordinate policy on the war in Syria.
We've certainly had a very foggy start to our Wednesday morning along with plenty of clouds and occasional drizzle. I'm not seeing this rival the October wind storm but there may be spots that lose power for more than just a day.
He has been cleared by team doctors but has not felt 100 percent comfortable on the leg when attempting to play or practice. Leonard initially sought treatment within the organization before consulting with a specialist in NY on January 16.
Deena claimed Ron felt that way because he was "still not over" Sam. "I am not the same person as I was when I was 22", she said. So when Paul "Pauly D" DelVecchio dragged what looked like a body bag into the house, it was clear the prank war was back on.
ABC executives were optimistic about how popular the reboot would be - but the ratings results were astonishing. The trade publication called the show's performance in the 18- to 49-year-old demographic downright "obscene".
All that grew clear after Loyola Chicago began by trailing 12-4 and making shooting in a dome look like ... shooting in a dome. Simpson was particularly very bad , missing all six of his shots and committing four turnovers in a scoreless performance.
He is also likely to garner support from opposition leaders on No-confidence motion that is likely to be taken up in Lok Sabha. We were allies, we got elected ... they bitrate us, only to put pressure I raised my voice, my ministers exited the government.
Votel also indicated the US could continue to have a military presence in Syria, and Iraq, even after IS is thoroughly defeated. Brett McGurk, the USA special envoy for the global coalition against ISIS, told the forum that "we are in Syria to fight ISIS".
But one reporter, who belonged to Sinclair-owned local TV station KOMO 4, made it very clear to Trump that this was not amusing . Sinclair( SBGI ) is the biggest owner of local television stations in the United States, owning or operating 173 of them.
Minnesota mom's DUI arrest is 'one of the worst'
While the latest arrest came in IL , she has also been arrested before in Kentucky, Wisconsin, Indiana, Minnesota and California. Riverside cops found that at least 11 of her kids had been taken away by the state of Minnesota, according to the station.
Dell powers up XPS flagship laptop
Dell G5 15 will be available May 3 on Dell .ie and select retailers with limited configurations now and more coming soon. The Inspiron 15 7000 2-in-1 Special Edition and the Dell XPS 15 2-in-1 are both globally available for $1,299 (approx.
Air Force F-16 crashes outside of Las Vegas
The plane crashed around 10.30am local time during a routine training exercise at Nevada Test and Training Range, officials said. A Marine Corps CH-53E Super Stallion went down Tuesday afternoon near the U.S. -Mexico border.
The assassination of Martin Luther King Jr
They needed volunteers to help people find their way around campus, and I became an usher. People that I thought I'd never see, let alone have a relationship with later on in life.
Philadelphia pounds Brooklyn for 11th straight win
As it sits today, the Cavaliers hold the three seed, the 76ers hold the four seed, and the Pacers hold the five. The Phillies seem unlikely candidates to keep this going, at least based on what we've seen so far this season.
2nd Test: Draw helps New Zealand win series against England
Wagner is always up for a fight, with bat or ball and did his bit until finally dismissed with the last ball of the match. But edges flew just wide of outstretched arms, adding to England's frustration. "The bowling attack has been brilliant".
Data from SUV shows plunge off cliff may have been intentional
The child had told an elementary school teacher of pain in her stomach and back, which was discovered to be caused by bruises. A state caseworker went to the Harts' house in Woodland, Washington, on March 23 but didn't find anyone home, officials said.
Spotify shares jump 22% in early trading on Wall Street
Shares for Facebook , Netflix and Google 's parent company Alphabet also rose slightly today, following weeks of uncertainty. That means that if the stock plunges, there is no big bank to prop up the share price with more share purchases.
Kentucky, Oklahoma teachers rally as rebellion grows
By some measures, Oklahoma teachers are the lowest-paid in the country out of the fifty states plus the District of Columbia. Franco says his school runs out of paper frequently and he wants to give his students more opportunity than they have now.
Israel Scraps African Migrant Deportation Plan
Those opposed to the original plan included Holocaust survivors who say the country has a special duty to protect migrants. Mr Bottinick said that one aim would be to train asylum-seekers in sectors where they have a competitive advantage.