Canada is becoming far more attractive in commodity goods to the rest of the world, as it diversifies its trade away from the US, says one analyst. Imports outpaced exports in October. Merchandise imports increased by 3.4% in October while exports increased by 2.1%. Because of this, Canada’s merchandise trade balance went from a surplus of $243 million in September to a $583 million deficit in October. …William Pellerin, a trade lawyer, said whether it be Malaysian kitchen cabinet manufacturers, or Chinese goods, he said “Canada is becoming far more attractive at lower pricing in many commodity goods and in many manufactured sectors.” On the other hand, the data shows exports to the US made up 67.3% of all Canadian exports, which is the lowest since the pandemic. …Cabinet and wood makers face a difficult challenge as they face a 25% tariff and lose access to the US market, said Pellerin.