🇨🇦🌏 CANADA EXPANDS ASIA PACIFIC TRADE DEALS — CPTPP GROWS

🔹 CPTPP with UK expansion gives Canada access to 1.5B consumers 🌍
🔹 15 free trade agreements span 51 countries, two-thirds of global GDP 📊
🔹 India partnership reset — Economic Partnership Agreement by year-end 🇮🇳
🔹 ASEAN trade talks finalizing, bilateral negotiations with Philippines 🇵🇭
🔹 New Strategic Partnership with Japan during Carney March tour 🇯🇵
🔹 UAE free trade agreement announced, expanding Middle East ties 🇦🇪

Carney targets doubling non-US trade over next decade 🎯

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📉💸 CANADA TRADE DEFICIT SURGES TO C$3.65B IN JANUARY, EXPORTS DROP 4.7%

🔹 Trade deficit widens to C$3.65 billion in January 2026 — much larger than expected C$0.9B forecast 📊
🔹 Exports fall 4.7% to C$62.48B led by 21.2% drop in motor vehicles & 16% decline in aircraft exports 🚗✈️
🔹 Surplus with US narrows to C$5.4B while deficit with non-US countries expands to C$9.0B 🇺🇸🌍
🔹 Annual 2025 merchandise deficit reached C$32B vs just C$7.2B in 2024 — dramatic deterioration 📈

Canada faces mounting trade challenges despite energy export gains! ⚡

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