Canada’s international trade activity took a turn for the worse in August with exports having fallen by 10.5% year over year compared to a 7.9% decline a month earlier. That suggests recovery from the impact of COVID-19 isn’t a smooth process. The autos sector is partly to blame with StatCan stating that July saw an “atypical increase on account of higher production and shorter temporary seasonal stoppages”. Canadian exports of cars and light trucks dropped by 12.6% in August after a 5.0% dip in July while parts shipments fell by 7.9% in August after a 1.4% increase in July. Shipments of...