Canadian Imports (Feb) 72.05B vs. Exp. 65.8B (Prev. 66.13B)
The Canadian imports figure for February came in significantly higher than expected, indicating a stronger demand for foreign goods than prior forecasts accounted for.
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Rivian (RIVN) delivered 10,365 vehicles during Q1 (exp. 9,678); reaffirming 2026 delivery range guidance of 62-67k vehicles
Canadian Imports (Feb) 72.05B vs. Exp. 65.8B (Prev. 66.13B)
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No new bond sales are scheduled for Thursday’s session, via Bloomberg poll of syndicate underwriters; A modest USD 15-20bln of sales is expected next week as many US-based companies head into their earnings blackout periods
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This beat on imports could signal robust domestic consumption and may also have implications for trade balances and inflation indicators in Canada, which could influence future monetary policy decisions by the Bank of Canada.
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