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Canada's trade deficit narrowed more than estimates, falling to $1.35B in August thanks to the...

Canada's trade deficit narrowed more than estimates, falling to $1.35B in August thanks to the sharpest drop in imports (3.1%) since May 2009. With the exception of energy, imports fell across the board, including industrial goods and materials off 7.4%. The loonie retraced some of its big session gains on the news. FXC +0.3%.
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