OTTAWA – Statistics Canada says the country posted a merchandise trade deficit of $583 million in October as an increase in imports outpaced the growth of exports.
The agency says the result compared with a surplus of $243 million in September.
Imports for October rose 3.4 per cent to $66.2 billion as imports of electronic and electrical equipment and parts gained 10.2 per cent in October.
Imports of metal and non-metallic mineral products added 9.5 per cent, while industrial machinery, equipment and parts climbed 5.7 per cent higher.
Total exports increased 2.1 per cent in October to $65.6 billion as exports of metal and non-metallic mineral products increased 27.3 per cent to a record high. Exports of motor vehicles and parts rose 4.1 per cent.
In volume terms, total imports rose 2.6 per cent, while total exports fell 0.4 per cent.
This report by The Canadian Press was first published Jan. 8, 2026.
