-
Canada's balance of international payments, 2nd quarter2014
Canada's current account deficit (on a seasonally adjusted basis) was largely unchanged in the second quarter, edging down $0.2 billion to $11.9 billion. This reflected a slight increase in the deficit on trade in goods and services, which was more than offset by a lower investment income deficit. In the financial account (unadjusted for seasonal variation), foreign investment in Canadian corporate securities remained strong and led the inflow of funds in the economy in the second quarter. The balance on international trade in goods posted a $1.7 billion surplus in the second quarter, down $0.1 billion from the ... (full story)