Bryan Yu: B.C. trade falls back in April amid U.S. tariffs, construction slowdown
A volatile trade picture in B.C. continued into April as goods exports fell four per cent month-to-month (unadjusted for seasonality) to $4.5 billion, while imports fell by a more rapid clip of 14 per cent to $6.2 billion. That said, exports were still up significantly year-over-year by 6.7 per cent, while imports rose a more modest 2.1 per cent. Year-over-year growth patterns have been clouded by behavioural adjustments of exporters through last year’s tariff crisis. However, January-March 2025 data was boosted by front-loading of U.S. demand ahead of tariff measures, which artificially lifted Canadian exports during that period. Overall, trade took a large dip in April 2025 following the implementation of U.S. tariffs. Current year-over-year growth has been driven primarily by energy products, which rose 9.7 per........
