Canada's economy surprises again on January trade surplus in 'stellar' start to the year

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Broad\u002Dbased gains in exports produced a trade surplus in January, Statistics Canada said, defying economists\u0027 calls for a deficit. Read on.

Shipping containers are seen at a terminal in Halifax. Statistics Canada said the country posted a merchandise trade surplus of $1.9 billion in January, helped by exports of wheat, canola oil and soybeans.OTTAWA — Canada recorded an unexpected trade surplus of $1.9 billion in January, driven by broad-based gains in exports, while imports posted a smaller increase led by motor vehicles and parts, Statistics Canada data showed on March 8.

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