CA Current Account

Canada's current account balance (on a seasonal adjusted basis) posted an $8.5 billion deficit in the second quarter, widening $3.1 billion from the previous quarter. This increase reflected a higher trade in goods deficit combined with a deterioration of the investment income balance and was partially offset by a lower trade in services deficit. The current account balance has now been in a deficit position for eight consecutive quarters. In the financial account (unadjusted for seasonal variation), inflows of funds from abroad to ...

Canada's current account balance (on a seasonal adjusted basis) posted a $5.4 billion deficit in the first quarter, widening $0.9 billion from the previous quarter. This increase was led by the goods balance moving from a surplus into a deficit, which was largely offset by improvements in the services, investment income and transfers balances. The current account balance has now been in a deficit position for seven consecutive quarters. In the financial account (unadjusted for seasonal variation), inflows of funds from abroad to ...

Canada's current account deficit (on a seasonally adjusted basis) narrowed to $3.2 billion in the third quarter after recording larger deficits in the first two quarters of 2023. This reduction mainly reflected the goods balance returning to a surplus, partially offset by a slight widening in the services deficit and a shrinking investment income surplus. Higher exports of goods, paired with a decline in imports, pushed the goods balance into a surplus of $0.8 billion in the quarter, with the remainder of the current account posting ...

Canada's current account deficit (on a seasonally adjusted basis) narrowed to $3.2 billion in the third quarter after recording larger deficits in the first two quarters of 2023. This reduction mainly reflected the goods balance returning to a surplus, partially offset by a slight widening in the services deficit and a shrinking investment income surplus. Higher exports of goods, paired with a decline in imports, pushed the goods balance into a surplus of $0.8 billion in the quarter, with the remainder of the current account posting ...

Canada's current account deficit (on a seasonally adjusted basis) widened by $3.5 billion to $6.6 billion in the second quarter. The trade in goods balance moved into a deficit position for the first time in two years, mostly as a result of lower exports of energy products and farm, fishing, and food products. In contrast, movements in the trade in services and investment income balances moderated the overall increase in the current account deficit. In the financial account (unadjusted for seasonal variation), inflows of funds from ...

Canada's current account balance (on a seasonally adjusted basis) recorded a $10.6 billion deficit in the fourth quarter, up $2.2 billion from the previous quarter. The higher deficit mainly reflected a deterioration of the investment income balance, while the goods and services deficit narrowed slightly. In the financial account (unadjusted for seasonal variation), inflows of funds from abroad to finance the current account deficit mainly came from transactions in securities and, to a lesser extent, foreign direct investment. ...