OTTAWA — Statistics Canada says the nation posted a merchandise commerce deficit of $5.7 billion, its largest deficit since August final 12 months.
The end result in contrast with a deficit of $4.2 billion in January as imports rose quicker than exports for the month.
Whole imports rose 8.4 per cent to a report $72.1 billion in February.
Imports of metallic and non-metallic mineral merchandise elevated 45.6 per cent in February as imports of unwrought gold, silver, and platinum group metals, and their alloys greater than doubled.
In the meantime, whole exports gained 6.4 per cent to $66.3 billion, the very best stage since March 2025, as exports of motor autos and components rose 24.2 per cent and metallic and non-metallic mineral merchandise climbed 11.2 per cent in February.
In quantity phrases, whole imports rose 7.1 per cent, whereas exports elevated 4.8 per cent.
