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Canada's Merchandise Trade Deficit Narrows in September 2024

In September 2024, Canada's merchandise trade deficit with the world decreased to $1.3 billion, down from $1.5 billion in August. According to Statistics Canada, merchandise exports were valued at $63.9 billion, marking a slight decline of 0.1% from the previous month. Imports also saw a reduction, falling by 0.4% to $65.1 billion.

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