Canadian current account deficit widened by $3.8 billion in the third quarter

Market news

30 November 2017

Canadian current account deficit widened by $3.8 billion in the third quarter

Canada's current account deficit (on a seasonally adjusted basis) widened by $3.8 billion in the third quarter to $19.3 billion, as the deficit on international trade in goods expanded for the third quarter in a row.

In the financial account (unadjusted for seasonal variation), strong and continued foreign investment in Canadian bonds again led the inflow of funds into the economy.

Forex option contracts rolling off today at 14.00 GMT:

U.S initial jobless claims lower than expected last week

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