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Canada posts trade surplus in March thanks to higher crude prices, surging gold exports

Canada had a $1.78 billion trade surplus in March, compared with a $5.11 billion deficit in the prior month. It was the first time in six months that the country exported more than it imported, thanks in large part to higher oil prices because of the war in Iran.

First seen · 1:20 PM UTCMay 5, 2026

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CBC News
CenterCanadian Broadcasting Corporation
Canada posts trade surplus in March thanks to higher crude prices, surging gold exportsCanada had a $1.78 billion trade surplus in March, compared with a $5.11 billion deficit in the prior month. It was the first time in six months that the country exported more than it imported, thanks in large part to higher oil prices because of the war in Iran.
1:20 PM UTC

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