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For additional information relating to this article, please contact:

Doug McCann Research and Statistics Officer
Tel: 902-424-2141Email: Douglas.McCann@novascotia.ca

November 30, 2017
CANADA'S BALANCE OF INTERNATIONAL PAYMENTS 2017Q3

3rd QUARTER

 

In Canada 3rd Quarter 2017 the seasonally adjusted current account deficit increased $3.8 billion over the 2nd quarter 2017 to $19.3 billion.

                                                                     

In the 3rd quarter 2017:

  • exports (receipts) of goods and services decreased $11.1 billion to $159.1  billion, while imports (payments) of goods and services decreased $7.5 billion to $174.2 billion. The resulting international goods and services trade deficit increased $3.6 billion to $15.1 billion.
  • primary income receipts increased $216 million to $27.9 billion, while payments increased $94 million to $31.3 billion. The resulting international primary income deficit decreased $121 million to $3.4 billion.
  • secondary income receipts increased $15 million to $3.2 billion, while payments increased $247 million to $4.0 billion. The resulting international transfers deficit increased $233 million to $869 million.
  • with trade deficit increasing ($3.6 bil); primary income deficit decreasing ($121 mil); and secondary income deficit increasing ($233 mil), the current account deficit increased by $3.8 billion to $19.3 billion.

 

CANSIM 376-0105 and

376-0012, 376-0013; 376-0101 to 376-0108;
376-0121, 376-0122 and 376-124)



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