Canada January trade balance +2.62B vs +1.60B expected Largest surplus since 2008
Prior was -0.14B (revised to -$1.58B)
Exports $56.6B vs $56.7B prior
Imports $54.0B vs $58.3B prior
The loonie has been stuck because of risk aversion but Canada's terms of trade are improving by the hour. In terms of this report, the revision
Source: Canada January trade balance +2.62B vs +1.60B expected (https://www.forexlive.com/news/canada-january-trade-balance-262b-vs-160b-expected-20220308/)
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