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Canada's balance of international payments, third quarter 2014
Canada's current account deficit (on a seasonally adjusted basis) narrowed by $1.5 billion in the third quarter to $8.4 billion. This reduction reflected a higher goods surplus and lower services and investment income deficits. In the financial account (unadjusted for seasonal variation), foreign direct investment strengthened and was the largest contributor to the inflow of funds in the economy in the quarter. The balance on international trade in goods expanded by $0.6 billion to $2.9 billion in the third quarter, a third straight surplus following eight quarters of deficits. On a geographical basis, the surplus ... (full story)