A Single Vessel Is Behind Canada's Largest-Ever Trade Deficit
The Blue Marlin singlehandedly sunk Canada's trade balance.
An offshore oil project in the Gulf of Mexico.
Photographer: Susana Gonzalez/BloombergThis article is for subscribers only.
Canada posted its largest trade deficit on record in September, a whopping C$4.1 billion ($3 billion) — and a single piece of equipment is to blame.
A heavy-load carrier arrived at Bull Arm, Trinity Bay in Newfoundland on Sept. 2, after a voyage from South Korea that began in June.