Subhead:Canada’s soaring trade deficit undermines Carney’s supposed ‘tough talk’ amid escalating U.S. trade tensions.#
In a world of shifting trade winds and economic turbulence, Canada finds itself with a growing trade deficit that casts a shadow of doubt over Prime Minister Mark Carney’s ‘tough trade talk’ rhetoric.
Statistics Canada reported Thursday that the nation’s goods and services trade deficit ballooned to $19.5 billion in the second quarter, a stark leap from a mere $800 million in the first.
