Trade deficit of $638M in April compared with March surplus: Statistics Canada

OTTAWA – Statistics Canada says merchandise exports declined 1.8 per cent in April, while imports increased 1.4 per cent, pushing the trade balance with the world to a deficit of $638 million from a surplus of $766 million in March. Exports fell to $42.8 billion, as declines in exports of energy products and metal and non-metallic mineral products were partially offset by an increase in shipments of forestry products and building and packaging materials.