Posted AT 9:11 AM EDT on 09/05/08
Trade surplus jumps
Canada's merchandise trade surplus jumped to $5.5-billion in March, its highest level since May 2007.
Canada's exports rose for the third consecutive month, increasing 1.6 per cent to $40.1-billion in March, largely on the strength of energy products, Statistics Canada reported Friday.
“The growth in exports overall was principally attributable to a rise in prices as volumes generally declined.
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