Statistics Canada released the trade balance data for August on September 4, 2025. The reported figure was a deficit of CAD 4.94 billion. No consensus forecast was provided. The previous value was also a deficit of CAD 4.94 billion.Definition: The trade balance measures the difference between a country's total exports and total imports over a specified period. A positive balance indicates a trade surplus, while a negative balance reflects a trade deficit. This indicator directly affects domestic manufacturing output and pricing, serving as a key gauge of economic health.The data carries a moderate importance level (2). It is calculated based on monthly changes in the value of imported and exported goods. The report is published monthly, with the next release scheduled for November 4, 2025.
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