Canada: Merchandise trade deficit with the world totalled $2.5 billion in November

"Canada's merchandise trade deficit with the world totalled $2.5 billion in November, widening from a $1.6 billion deficit in October," the Statistics Canada reported on Friday.

Imports were up 5.8% and exports rose 3.7%, both due largely to increased activity in the automotive industry.

Total imports rose 5.8% to $48.7 billion in November, the strongest increase since July 2009.

Total exports rose 3.7% to $46.2 billion in November, with increases observed in 8 of 11 sections. 

Imports from the United States rose 6.5% to $31.9 billion in November.

Exports to the United States were up 5.4% to $35.2 billion