Canada: Expect the goods trade deficit to narrow to $2.6bn – TDS

Analysts at TDS suggest that Canada’s international merchandise trade for October will give an early update on Q4 activity when published at 8:30 ET.

Key Quotes

“TD expects the goods trade deficit to narrow to $2.6bn from $3.2bn on stronger exportswhich should be offset by a more modest rise in imports. This would be a slightly better result than the market consensus for a $2.7bn deficit.”