By The Canadian Press, July 6, 2017
OTTAWA — Statistics Canada says the country’s trade deficit grew to $1.1 billion in May compared with a $552-million deficit in April.
Economists had expected a deficit for May of $530 million.
The increase in the trade deficit came as imports rose 2.4 per cent to $49.8 billion, led by an increase in aircraft imports.
Statistics Canada says the import of five new airliners in May drove a 45.9 per cent increase in aircraft and other transportation equipment and parts category.