Canada Trade Surplus Hits Four-Year High of C$3.86B

Canada's merchandise trade surplus in goods reached C$3.86 billion in June, a level not seen in four years, according to a report by National Bank of Canada economist Jocelyn Paquet.

The reading exceeded market forecasts, signaling robust export performance. The data adds to evidence of Canada's economy benefiting from global demand, potentially supporting the Canadian dollar.

Details on the components of trade were not provided in the initial post.