By Kim Mackrael
OTTAWA--Canada's trade deficit widened to a record high in September as imports surged on the purchase of equipment for an offshore oil project on the country's east coast.
Canada posted a trade deficit in September of 4.08 billion Canadian dollars ($3.05 billion), Statistics Canada said Friday. That was significantly larger than the C$1.7 billion deficit economists expected, according to Royal Bank of Canada.
The previous month's trade data were revised to show a deficit of C$1.99 billion, slightly larger than the previous C$1.94 billion estimate.
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(END) Dow Jones Newswires
November 04, 2016 08:45 ET (12:45 GMT)
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