Canada's current account deficit (on a seasonally adjusted basis) expanded by $4.3 billion in the fourth quarter to reach $13.9 billion. This change mainly reflected the deterioration of the trade in goods balance. In the financial account (unadjusted for seasonal variation), increased foreign currency deposits held in Canada by non-residents was the largest contributor to the inflow of funds into the economy. Canada's current account deficit (on a seasonally adjusted basis) expanded by $4.3 billion in the fourth quarter to reach $13.9 billion. This change mainly reflected the deterioration of the trade in goods ... (full story)