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Tag: Canadian Merchandise Trade

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Canada’s Economy Has Never Been More Dependent On Energy As Oil Climbs: BMO

February 8, 2022

Canada is shying away from its image as a petro-state, but its economy is moving in the other direction. BMO Capital Markets’ latest research note looks at Canada’s merchandise trade balance for 2021. Canada produced its first surplus since 2014, way back when oil was above $100 barrel. That’s not a coincidence, with energy prices […]

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