Canada's current account deficit (on a seasonally adjusted basis) widened by $3.5 billion to $6.6 billion in the second quarter. The trade in goods balance moved into a deficit position for the first time in two years, mostly as a result of lower exports of energy products and farm, fishing, and food products. In contrast, movements in the trade in services and investment income balances moderated the overall increase in the current account deficit. In the financial account (unadjusted for seasonal variation), inflows of funds from abroad to finance the current account deficit came primarily from foreign investment ... (full story)