November 28, 2024 14:32 GMT
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.
58 words