Legend
- High Impact Expected
- Med Impact Expected
- Low Impact Expected
- Non-Economic
Revision
- Green NumberBetter than forecast -or- revised better
- Red NumberWorse than forecast -or- revised worse
- m/mMonth Over Month
- q/qQuarter Over Quarter
- y/yYear Over Year
- K Thousand
- M Million
- B Billion
- T Trillion
CA Current Account
It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the country;
The goods portion has no impact because it's a duplicate of the monthly Trade Balance data;
- CA Current Account Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| May 28, 2026 | -7.2B | -3.9B |
-1.0B |
| Feb 26, 2026 | -0.7B | -8.2B |
-5.3B |
| Nov 27, 2025 | -9.7B | -15.1B |
-21.6B |
| Aug 28, 2025 | -21.2B | -18.8B |
-1.3B |
| May 29, 2025 | -2.1B | -3.4B |
-3.6B |
| Feb 27, 2025 | -5.0B | -3.2B |
-3.6B |
| Nov 28, 2024 | -3.2B | -8.6B |
-4.7B |
| Aug 29, 2024 | -8.5B | -6.0B | -5.4B |
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- CA Current Account News
From statcan.gc.ca|May 28, 2026Canada's current account deficit (on a seasonally adjusted basis) widened by $6.2 billion to $7.2 billion in the first quarter. This widening of the deficit reflected a reduction in the investment income surplus, as well as an increase in the trade in goods deficit. The first quarter of 2026 marked the 15th consecutive quarter in which the current account balance was in a deficit position. While the growth in good imports was mainly in metal and non-metallic mineral products in the first quarter, increases in goods exports continued ...
From statcan.gc.ca|Feb 26, 2026Canada's current account deficit (on a seasonally adjusted basis) narrowed by $4.6 billion to $0.7 billion in the fourth quarter of 2025. The narrowing of the deficit in the fourth quarter reflected a significant reduction in the trade in goods deficit, which was moderated by a decrease in the services and investment income surpluses. The fourth quarter of 2025 marked the 14th consecutive quarter in which the current account balance was in a deficit position. In the financial account (unadjusted for seasonal variation), the foreign ...
From economics.bmo.com|Nov 27, 2025Canada’s current account deficit improved to $9.7 bln ($38.7 bln a.r.) in Q3, following the record shortfall of $21.6 bln ($86.2 bln a.r.) in the second quarter. That’s estimated to account for 1.2% of GDP (with the latter figure to be released tomorrow), and roughly in line with the average over the past year. The improvement came from a narrower deficit for goods trade as tariff uncertainty dissipated from its peak in the second quarter. That nudged exports higher, driven by energy and consumer goods. Still, the estimated $11.1 bln ...
- From statcan.gc.ca|Nov 27, 2025
Canada's current account deficit (on a seasonally adjusted basis) narrowed by $11.9 billion to $9.7 billion in the third quarter of 2025. The decrease in the current account deficit in the third quarter was largely due to a narrowing of the trade in goods deficit, as exports increased in the quarter while imports decreased. The investment income and trade in services components also contributed to the overall narrowing of the current account deficit. In the financial account (unadjusted for seasonal variation), inflows of funds from ...
From economics.bmo.com|Aug 28, 2025Canada’s current account deficit widened to a record $21.2 bln ($84.6 bln a.r.) in Q2, following a revised $1.3 bln shortfall ($5.3 bln a.r.) in Q1. That is estimated at 2.7% of GDP with the latter figure to be published tomorrow. Unsurprisingly, a record deficit of $19.6 bln in goods trade was the main driver, amid rising tariff uncertainty. While uncertainty seems to have peaked on a global scale, the absence of a Canada-U.S. trade deal suggests goods exports will remain under pressure in Q3. A small surplus in the services trade ...
- From statcan.gc.ca|Aug 28, 2025
Canada's current account deficit (on a seasonally adjusted basis) widened by $19.8 billion in the second quarter to reach an unprecedented $21.2 billion. The increase in the current account deficit in the second quarter of 2025 reflected the rapid widening of the trade in goods deficit and was largely due to weaker exports. The previous highest current account deficit on record occurred in the third quarter of 2010, when contribution to the overall deficit was more evenly spread between the goods, services and investment income ...
- From statcan.gc.ca|May 29, 2025
Canada's current account deficit (on a seasonally adjusted basis) narrowed by $1.4 billion in the first quarter to reach $2.1 billion. This narrowing reflected a lower total income deficit. The goods and services deficit widened slightly in the first quarter, following a large reduction in the fourth quarter of 2024. In the financial account (unadjusted for seasonal variation), inflows of funds from abroad to finance the current account deficit in the first quarter of 2025 came primarily from direct investment. Meanwhile, portfolio ...
- From statcan.gc.ca|Feb 27, 2025|1 comment
Canada's current account balance (on a seasonally adjusted basis) posted a $5.0 billion deficit in the fourth quarter, widening $1.4 billion from the previous quarter. This was the largest current account deficit since the third quarter of 2023 (-$8.0 billion). The widening of the deficit in the fourth quarter of 2024 reflected a narrowing of the investment income surplus alongside a higher trade in services deficit. These movements were partially offset by a lowering of the goods deficit. The fourth quarter marked the 10th ...
| Released on May 28, 2026 |
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| Released on Feb 26, 2026 |
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| Released on Nov 27, 2025 |
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| Released on Aug 28, 2025 |
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| Released on May 29, 2025 |
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| Released on Feb 27, 2025 |
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- Details