The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.
<--- Return to Archive
For additional information relating to this article, please contact:
February 27, 2023CANADA'S BALANCE OF INTERNATIONAL PAYMENTS Q4 2022 
Quarter-over-quarter (all countries, seasonally adjusted, Q4 2022 vs. Q3 2022)
Canada's current account receipts increased $2.4 billion to $290.0 billion while current account payments increased $4.6 billion to $300.4 billion. The resulting net current account changed to a deficit of $10.64 billion in Q4.
Goods and services exports decreased $2.4 billion to $236.2 billion while goods and services imports decreased $2.8 billion to $239.0 billion. The resulting goods and services trade balance deficit narrowed by $0.4 billion to $2.78 billion.
Goods exports were down $4.0 billion to $193.9 billion while goods imports decreased $3.2 billion to $192.2 billion. The goods surplus narrowed by $0.8 billion to $1.7 billion in Q4.
Services exports were up $1.6 billion to $42.3 billion while services imports increased $0.4 billion to $46.8 billion. The services deficit shrunk by $1.2 billion to $4.5 billion in Q4.
Primary income receipts increased $4.5 billion to $48.7 billion while primary income payments increased $7.2 billion to $55.4 billion. The primary income deficit widened by $2.8 billon to $6.8 billion in Q4.
Secondary income receipts increased $0.3 billion to $4.9 billion while secondary income payments increased $0.2 billion to $5.9 billion. The resulting net secondary income deficit decreased by $0.2 billon to $1.1 billion in Q4.
Source: Statistics Canada. Table 36-10-0018-01 Balance of international payments, current account, seasonally adjusted, quarterly (x 1,000,000)
<--- Return to Archive
