- The document is a trade report from Paul Young, CPA, CGA for May 2017. It summarizes that Canada's merchandise trade deficit with the world reached $1.1 billion in May, up from $552 million in April, as imports rose 2.4% and exports rose 1.3%. Total trade value between Canada and other countries reached a record high of $98.5 billion in May, a 13.8% increase from the same month last year.