Canadian international trade in services posts $0.5 billion surplus in October 2025

Canada's services surplus widened from $0.4 billion in September to $0.5 billion in October 2025 as service imports fell 1.2% to $19.6 billion and exports fell 0.4% to $20.1 billion.

Canada's monthly international trade in services surplus widened to $0.5 billion in October 2025, up from $0.4 billion in September. Overall service imports fell 1.2% to $19.6 billion while exports declined 0.4% to $20.1 billion. These movements in services occurred alongside changes in goods trade, leaving a small combined deficit for goods and services. Statistics Canada released the data and updated related online resources. Key figures: - The services surplus widened from $0.4 billion in September to $0.5 billion in October 2025. - Total imports of services fell 1.2% to $19.6 billion and total exports of services fell 0.4% to $20.1 billion. - Imports of commercial services declined 1.7% to $11.3 billion, with decreases in financial and non-financial services. - Travel services imports were down 1.6% to $4.8 billion, while imports of transportation services rose 1.3% to $3.2 billion. - Exports of commercial services decreased 1.4% to $12.1 billion, partly offset by travel exports up 1.1% and transportation exports up 2.0%. - Total goods imports increased 3.4% to $66.2 billion and goods exports rose 2.1% to $65.6 billion, producing a goods deficit of $0.6 billion and a combined goods and services deficit of $0.1 billion. Summary: The modest change in service flows left Canada with a small combined goods and services deficit of $0.1 billion in October 2025. Undetermined at this time.