Thursday, May 10, 2007

UPDATE 2-Canada trade surplus down, economy seen improving

(Reuters) - OTTAWA, May 10 - Canada's trade surplus fell in March but imports and exports hit record highs, suggesting the economy was picking up speed at a pace higher than that predicted by the Bank of Canada.

Statistics Canada said on Thursday that the surplus fell to C$4.6 billion in March, even though transportation flows returned to normal after a 15-day rail strike in February.


Read more at Reuters.com Economic News

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