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November 29, 2021CANADA'S BALANCE OF INTERNATIONAL PAYMENTS 2021Q3
Current Account - All Countries (Seasonally adjusted, 2021Q3 vs 2021Q2)
In Canada, the current account receipts income increased $11.5 billion to $234.2 billion while payments income increased a similar $11.5 billion to $232.8 billion. The resulting current account income surplus was essentially unchanged at $1.4 billion.
Exports of goods & services receipts income increased $8.9 billion to $193.1 billion while imports goods & services payments income increased $7.2 billion to $191.3 billion. The resulting goods & services income surplus widened by $1.6 billion to $1.8 billion.
Primary income receipts income increased $1.4 billion to $36.8 billion while primary income payments increased $4.5 billion to $37.4 billion. The resulting primary income balance went from a surplus ($2.5 billion) to a $0.6 billion deficit.
Secondary income receipts income increased $1.2 billion to $4.3 billion while secondary income payments income decreased $0.3 billion to $4.1 billion. The resulting secondary income balance went from a deficit (-$1.2 billion) to a $0.2 billion surplus.
CANADA'S BALANCE OF PAYMENTS WITH THE UNITED STATES
BALANCE OF PAYMENTS WITH THE UNITED STATES (Unadjusted, 2021Q3 vs. 2021 Q2)
In Canada, the current account with the United States, receipts trade increased 2.8% (+$4.3 billion) to $158.1 billion while payments increased 3.2% (+$4.3 billion) to $136.0 billion. Current account trade surplus widened by 0.3% (+$0.07 billion) to $22.0 billion.
Exports of goods and services trade increased 3.8% (+$5.0 billion) to $138.5 billion while imports of goods and services trade increased 0.9% (+$1.1 billion) to $114.5 billion. Goods and services trade surplus widened by 19.9% (+$4.0 billion) to $24.0 billion.
CITATIONS
Statistics Canada. Table 36-10-0014-01: Quarterly Balance of international payments, current account and capital account annual (x1,000,000)
Statistics Canada. Table 36-10-0016-01 Balance of international payments, current account and capital account, quarterly (x 1,000,000)
Statistics Canada. Table 36-10-0018-01 Balance of international payments, current account and capital account, quarterly (x 1,000,000)
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