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A Single Vessel Is Behind Canada's Largest-Ever Trade Deficit

The Blue Marlin singlehandedly sunk Canada's trade balance.
An offshore oil project in the Gulf of Mexico.

An offshore oil project in the Gulf of Mexico.

Photographer: Susana Gonzalez/Bloomberg

Canada posted its largest trade deficit on record in September, a whopping C$4.1 billion ($3 billion) — and a single piece of equipment is to blame.

A heavy-load carrier arrived at Bull Arm, Trinity Bay in Newfoundland on Sept. 2, after a voyage from South Korea that began in June.