Canada August Trade Surplus Surges to C$4.2 Billion, a More Than Four-Year High

Canada's merchandise trade surplus widened sharply to C$4.2 billion in August, far exceeding analyst expectations of C$1.5 billion and marking the highest reading in more than four years. The result represents a dramatic improvement from the revised C$790 million surplus recorded in July, signaling a significant swing in the country's trade balance.