The result was the largest deficit since October 2020 and compared with a revised surplus of $894 million in April.
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Overall, Statistics Canada said exports fell 3.8 per cent to $61.5 billion in May as exports of energy products fell 7.3 per cent, in large part due to lower prices. Crude oil exports fell 8.3 per cent and exports of coal lost 14.5 per cent.RECOMMENDED VIDEOMeanwhile, imports rose 3.0 per cent in May to $65 billion as imports of metal and non-metallic mineral products rose 12.3 per cent, helped higher by shipments of unwrought silver from the United Kingdom.
Canada’s merchandise trade deficit with countries other than the United States was $10.2 billion in May compared with $7.8 billion in April.
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