In May, Canada booked its largest trade surplus since August 2008 as the rally in oil prices lifted the share of energy exports of all Canadian exports to a record high, Statistics Canada said on Thursday. Canada's total merchandise exports increased by 4.1 percent in May compared with April, for a fifth consecutive monthly increase. At the same time, imports fell by 0.7 percent. As a result, Canada's merchandise trade surplus with the world widened from US$1.7 billion (C$2.2 billion) in April to US$4 billion (C$5.3 billion in May). This was the…
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