Canada’s exports hit a new high in April after climbing 15% on a year earlier. The overall trade deficit was larger than expected though due to surprise price inflation. Exports to the U.S. expanded the fastest ahead of NAFTA negotiations that are due to start in August. A 16% increase was likely due to higher energy and forestry shipments. A slowdown in both of those is possible in the coming months. Energy exports will stabilize as year-over-year oil price comparison slow. Forestry industry sales, which climbed 17%, may have increased in response to the risks of new tariffs. Aerospace ...