2 April 2026, 18:40  Canada: Imports Surge to Record C$72.1 Billion in February.

Canada's imports surged 8.4% month-on-month to a record C$72.1 billion in February 2026, with all but one product section increasing. Metal and non-metallic mineral products led gains at 45.6%, with unwrought gold, silver, and platinum group metals more than doubling on higher US purchases. Motor vehicles and parts rose 5.9%, driven by motor vehicle engines and parts up 7.5%, coinciding with a rebound in Canadian motor vehicle production. Energy products surged 20.1%, with crude oil and bitumen up 35.3% on higher US shipments, and refined petroleum products up 31.0%. Canada's merchandise trade deficit widened to C$5.7 billion in February from C$4.2 billion in January, the largest deficit since August 2025.

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