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CANADA DATA: Canada Has Ninth Straight Current Account Deficit

CANADA DATA
  • Current account deficit narrowed to CAD3.2B in Q3, after CAD4.7B in Q2.
  • Driven by an increase in investment income surplus to CAD4.3B from CAD1.7B. That was led by investments in mining and oil and gas abroad.
  • Services surplus narrowed to CAD0.5B from CAD2B.
  • Travel services surplus narrowed to CAD2.3B in Q3 amid less spending by tourists and temporary workers in
    Canada.
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  • Current account deficit narrowed to CAD3.2B in Q3, after CAD4.7B in Q2.
  • Driven by an increase in investment income surplus to CAD4.3B from CAD1.7B. That was led by investments in mining and oil and gas abroad.
  • Services surplus narrowed to CAD0.5B from CAD2B.
  • Travel services surplus narrowed to CAD2.3B in Q3 amid less spending by tourists and temporary workers in
    Canada.