Canadian trade with the rest of the world continued its recovery to more normal levels as the global economy rebounded from Covid-19 lockdowns.
Merchandise exports rose 11.1% in July, adding to a 20.5% gain in June, Statistics Canada said Thursday in Ottawa. Imports increased 12.7% in July, after gaining 20.3% in June. Combined, exports and imports have increased 35% since falling to a decade-low in April, leaving them 5% shy of pre-pandemic levels.
