CAD widens to 1.3% in Q3, reserves shrink by $24.4-bn
- Posted on March 2, 2026
- By Financial Express
- 5 Views
CAD widens to 1.3% in Q3, reserves shrink by $24.4-bn
The current quarter may also witnes high trade deficit, causing CAD to widen. Merchandise trade deficit widened to a three-month high of $ 34.68 billion in January driven by a significant increase in imports of gold and silver, while exports stagnated due to high additional US tariffs.
