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Canada’s trade surplus with the world widened in June as exports rose and imports fell, with a weaker loonie boosting the Canadian dollar value of those exports, according to Statistics Canada. A trade surplus happens when an economy exports more than it imports, and the opposite is known as a trade deficit.Statistics Canada reported Tuesday that the value of merchandise exports in June increased 0.4 per cent from the previous month, while imports fell 0.2 per cent. The trade surplus in that period increased from C$3.7 billion to $3.9 billion.This was also the fourth straight month that Canada saw a…
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