9 June 2026, 17:04 Canada: Imports Hit Record High in April.
Canada’s imports edged up 0.3% month-on-month to a record C$72.4 billion in April 2026, with gains recorded in 6 of the 11 product categories. Imports of basic and industrial chemical, plastic, and rubber products rose 16.9%, providing the largest contribution to the increase. Purchases of lubricants and other petroleum refinery products jumped 49.0%, mainly due to higher imports of crude oil diluents from the US. Imports of electronic and electrical equipment and parts increased 4.2%, while imports of computers and computer peripherals rose 13.2% to a record high, driven by higher shipments of processing units from Ireland for use in data centres. Partially offsetting these gains was a 12.9% decline in imports of metal and non-metallic mineral products, largely reflecting a 27.5% drop in purchases of unwrought gold, silver, platinum group metals, and their alloys.
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