Trade war pushes Canada’s current account deficit to record
Ottawa, Canada – August 29, 2025 – Canada’s current account deficit surged to a record C$21.16 billion ($15.4 billion USD) in the second quarter of 2025, the widest since records began in the early 1980s, as U.S. President Donald Trump’s escalating trade war hammered exports to the country’s largest trading partner. Statistics Canada reported the … Read more