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Posted AT 10:34 AM EST on 13/04/07

Railway strike hits trade surplus

Globe and Mail Update

Canada's trade surplus shrank more than expected in February as a two-week railway strike made it difficult for exporters to get their products to a border or port. The surplus narrowed to $4.8-billion from a revised $5.8-billion in January, Statistics Canada said Friday. Exports slumped 2.1 per cent in February. The only sector that eked out a gain for the month was energy, most of which is shipped through pipelines. Excluding energy, exports plummeted 5.

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