(Reuters) - The surplus fell well below the average forecast of a C$6.0 billion surplus by analysts in a Reuters poll. Statscan blamed the result on a strike by CN Rail workers which prevented exporters from shipping their goods.
Exports fell 2.1 percent in February from record highs in January to C$39.60 billion. Every sector was hit except energy, which is mainly shipped via pipelines, Statscan said. Industrial goods and materials led the decline, falling for the first time in 10 months.
Read more at Reuters.com Economic News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment