Trade deficit widens, but exports look like bright spot in economy

Canadian exports are up 7.3% in value in past year, while imports have fallen 4.4%

Momentum in Canada's export sector continued in January, an indication that an export-driven recovery is already underway for the Canadian economy.

The volume of exports expanded 8.8 per cent in the past year, and in dollar terms, Canada exported $46 billion of merchandise, a 7.3 per cent increase since last year, according to figures from Statistics Canada.

This has been excerpted from the 4 March 2016 edition of CBC News news and is available in its entirety at:
http://www.cbc.ca/news/business/canada-trade-deficit-1.3476218