Canadian Exports Surge Ahead of Tariffs, While Wall Street Faces Recession Fears

Canadian Trade Surplus Hits Record High

In January, Canadian exports to the U.S. surged 7.5%, setting a record for the second consecutive month, as per Statistics Canada. This spike, driven by shipments of cars, auto parts, and energy, widened Canada’s trade surplus with the U.S. to $14.4 billion from $12.3 billion in December, according to Statistics Canada. The increase reflects continues strong demand and sentiment for Canadian made goods, by the US, reflecting eroding Trump support and the importance of trade to North America.

Wall Street’s Recession Trade Returns

In conjunction, US recession fears have grappled Wall Street, with bank stocks and the Russell 2000 index slumping due to concerns over …? Trump and slowing growth. Investors had entered 2025 hopeful that market-friendly policies would further boost an already strong U.S. economy.

With shifting global trade platforms, daily, markets are reflecting this unappreciated volatility, in both Canada and the U.S..

"Keep Calm and Carry On" and "For the Sake of Freedom". And ... Have a prosperous day!

John Rudnick