Posted AT 6:00 AM EST on 08/07/08
U.S. energy frenzy leaves Canada out in the cold
For anyone concerned about the rising protectionist mood in Washington, this Friday's U.S. trade figures will mark an ominous development.
The country's monthly trade deficit is expected to rise for the third month in row in May to $62.4-billion (U.S.), according to a Bloomberg survey of forecasters.
There will, of course, be the usual gnashing of teeth about cheap imports from low-wage countries such as China and its undervalued currency.
The full text of this article has 747 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
