Canada: International trade surplus expands to C$3.13 billion in November versus C$2.03 billion expected

Canada's merchandise trade surplus with the world widened to C$3.13 billion in November from C$2.26 billion in October (which has been revised up from C$2.09 billion), monthly data published by Statistics Canada revealed on Thursday. This reading beat market expectations for a surplus of C$2.03 billion. Canadian exports in October rose to C$58.57 billion from C$56.42 billion in October (which was revised up from C$56.18 billion), whilst imports rose to C$55.44 billion from C$54.16 billion (which was revised up from C$54.09 billion).