7 July 2026, 21:53  Canada: Imports Edge Lower in May.

Canada's goods imports edged down 0.2% month-over-month to CAD 72.86 billion in May 2026 after reaching a record high in April. Imports of metal and non-metallic mineral products fell 18.2%, led by a 33.0% decline in unwrought gold, silver, and platinum group metals and their alloys. Imports of basic and semi-finished iron and steel products dropped 22.7%, while waste and scrap metal (-20.0%) and non-ferrous metals and alloys (-21.2%) also recorded sharp declines. The decrease was partly offset by a 3.5% increase in consumer goods imports, driven by a 10.0% rise in miscellaneous goods and supplies, mainly reflecting higher imports of batteries and battery chargers from China.

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