Canada’s Trade Deficit Up

Parliament Hill, Ottawa, Canada

Canada is having some trade issues:

Canada’s trade deficit swells to $1.6B

‎Montreal Gazette – Mark KennedyThe trade deficit for June was $1.6 billion, up from $1 billion a month before.

Exports were down 1.7 per cent to $36.5 billion, with declines led by energy products and automotive parts. Imports declined 0.2 per cent to $38 billion in June, and energy products played a key role in this drop as well.

Gloomy Canada trade figures likely to hit growth

‎Reuters – David Ljunggren – Alex Leff –
OTTAWA, Aug 11 (Reuters) – Slumping exports propelled Canada to a much larger trade deficit than expected in June, most likely slashing second-quarter growth figures to well below already modest predictions.

So, the USA is not the only Anglo-nation in North America with economic concerns–and increased trade deficits tend to be linked to increased debt. Decreased imports and exports suggest a slowing of growth and perhaps a contraction in the Canadian economy. Unlike the USA, however, Canada is in a better position to increase its exports relative to its GDP without having to massively devalue its currency.

Yet, despite having natural resources and many overseas international trading partners, because of its geographic location, its economic history, and what is recorded in biblical prophecy, Canada is tied in with the United States of America.

To a great degree, Canada is expected to share the fate of the USA, which ultimately will not be good (Daniel 11:39; Jeremiah 30:7) until after Jesus returns, when problems like slavery, which will have been imposed, will end (Jeremiah 30:8).

Some articles of possibly related biblical interest may include:

Canada in Prophecy: What do Bible prophecy, Catholic prophecy, and other predictions suggest about the future of Canada? Many are not positive about its future.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first? What will happen to the nation of Israel?
Will the Anglo-Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people?
Who is the King of the West? Why is there no end-time King of the West in Bible prophecy? Is the United States the King of the West?
Prophecies of Barack Obama? Are there biblical and non-biblical prophecies about Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist? This is the longest and most detailed of the articles here related to prophecy and Barack Obama.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? When does the six thousand years of human rule end?
Can the Great Tribulation Begin in 2011, 2012, or 2013? Can the Great Tribulation begin today? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? What will happen?