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The Daily Thursday, May 2, 2024

Press Release

Canadian international merchandise trade, March 2024

In March, Canada’s merchandise exports declined 5.3%, while imports were down 1.2%. As a result, Canada’s merchandise trade balance with the world went from a surplus of $476 million in February to a deficit of $2.3 billion in March. This represents the largest trade deficit since June 2023.

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Canadian international trade in services, March 2024

Canada’s monthly international trade in services deficit widened from $0.9 billion in February to $1.0 billion in March. Overall, exports of services decreased 2.0% to $16.9 billion, and imports of services were down 1.4% to $17.9 billion.

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Building construction price indexes, first quarter 2024

Residential building construction costs increased 0.8% in the first quarter, following a 1.1% increase in the previous quarter. Non-residential building construction costs rose 0.8% in the first quarter, following a 0.8% increase in the previous quarter.

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New Condominium Apartment Price Index, first quarter 2024

The New Condominium Apartment Price Index (2017=100) is now available for the first quarter of 2024.

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