Ekonomické zprávy
29.11.2021

Canada’s current account surplus stays at CAD1.37 billion in Q3

Statistics Canada reported on Monday that the country’s current account (C/A) surplus remained unchanged at CAD1.37 billion in the third quarter of 2021 compared to a downwardly revised CAD1.37-billion surplus in the previous three-month period (from a surplus of CAD3.58 billion).

Economists had projected a CAD4.80-billion surplus for the third quarter.

According to the report, the Q3 C/A surplus reflected an increase in trade in goods surplus (+CAD2.81 billion to CAD3.06 billion in the third quarter), which was largely offset by a decline in investment income surplus (-CAD3.07 billion to CAD0.42 billion).

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