Economic calendar
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Wednesday 4 November 2026Today
CAD Canada Trade BalanceTrade Balance Forecast 4.8BPrevious 4.2B
- What it is
- The difference between the value of Canada's exports and imports of goods and services, published by Statistics Canada.
- Why it matters
- Canada relies heavily on exports, especially oil and commodities sold to the US, so this figure reflects demand for Canadian goods. Its importance is usually moderate.
- Usual market reaction
- Prices react to the actual figure compared with the forecast. A better-than-forecast balance (a larger surplus or smaller deficit) usually supports the Canadian dollar (CAD), while a worse one tends to weigh on it. Changes in oil prices can also influence exports and how CAD reacts.
Calendar data from Forex Factory. Explanations are written by AI for education, not investment advice.