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Q3 Current Account -CAD7.5B From Q2 -CAD7B

CANADA DATA
  • Goods and services trade deficit widened CAD0.7B to CAD8.2B, as both imports and export rebounded following pandemic lockdowns
  • Services trade surplus was CAD0.6B, a rarity propelled by foreign travel restrictions that kept Canadians home
  • Deficit was mostly financed this quarter by Canadians pulling funds home from abroad, Statistics Canada said Monday
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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