Table 1
Balance of payments – Not seasonally adjusted
| Second quarter 2018 | Third quarter 2018 | Fourth quarter 2018 | First quarter 2019 | Second quarter 2019 | 2017 | 2018 | |
|---|---|---|---|---|---|---|---|
| millions of dollars | millions of dollars | millions of dollars | millions of dollars | millions of dollars | millions of dollars | millions of dollars | |
| Capital account and current account | |||||||
| Net lending / net borrowing, from capital account and current account | -17,172 | -11,011 | -11,662 | -19,609 | -7,972 | -60,206 | -58,597 |
| Current account balances | -17,172 | -11,011 | -11,662 | -19,520 | -7,972 | -60,130 | -58,521 |
| Goods and services | -14,409 | -8,205 | -10,247 | -15,886 | -7,586 | -50,417 | -46,981 |
| Goods | -6,938 | -4,527 | -4,811 | -7,468 | -1,973 | -24,644 | -21,950 |
| Services | -7,471 | -3,678 | -5,436 | -8,418 | -5,613 | -25,773 | -25,031 |
| Primary income | -2,247 | -2,474 | -942 | -2,434 | -95 | -6,861 | -8,632 |
| Compensation of employees | -627 | -616 | -581 | -568 | -626 | -2,354 | -2,398 |
| Investment income | -1,619 | -1,858 | -360 | -1,866 | 531 | -4,506 | -6,235 |
| Direct investment | 5,778 | 5,581 | 7,305 | 6,456 | 7,947 | 21,467 | 23,263 |
| Portfolio investment | -6,696 | -7,187 | -7,380 | -7,198 | -7,274 | -23,445 | -27,462 |
| Other investment | -702 | -253 | -286 | -1,124 | -142 | -2,528 | -2,035 |
| Secondary income | -517 | -332 | -474 | -1,201 | -291 | -2,852 | -2,908 |
| Capital account balance | 0 | 0 | 0 | -89 | 0 | -76 | -76 |
| Financial account1,2 | |||||||
| Net lending / net borrowing, from financial account | -18,224 | -6,341 | -6,511 | -17,732 | -2,000 | -52,390 | -47,177 |
| Net acquisition of financial assets | 32,684 | 55,810 | 75,238 | 5,013 | 70,370 | 229,303 | 160,987 |
| Direct investment assets | 24,669 | 25,356 | 12,695 | 31,701 | 25,948 | 107,013 | 68,373 |
| Direct investment assets, equity | 14,427 | 27,028 | 12,594 | 31,864 | 25,521 | 106,016 | 62,846 |
| Direct investment assets, debt instruments | 10,242 | -1,672 | 101 | -163 | 427 | 997 | 5,527 |
| Canadian portfolio investment in foreign securities | 13,117 | 18,785 | 9,316 | -2,166 | 10,550 | 84,657 | 57,532 |
| Foreign debt securities | 18,085 | 18,624 | 4,587 | 11,172 | 8,687 | 16,028 | 50,377 |
| Foreign money market instruments | -1,399 | 1,428 | 884 | 369 | -3,047 | 3,765 | 2,290 |
| Foreign bonds | 19,484 | 17,196 | 3,703 | 10,803 | 11,734 | 12,263 | 48,087 |
| Foreign equity and investment fund shares | -4,968 | 160 | 4,729 | -13,338 | 1,863 | 68,629 | 7,156 |
| Official international reserves | 178 | -567 | 3,486 | -1,324 | 1,810 | 1,053 | -2,004 |
| Other Canadian investment abroad | -5,280 | 12,237 | 49,740 | -23,198 | 32,062 | 36,579 | 37,085 |
| Loans | 3,383 | 499 | 28,402 | 697 | 1,235 | 19,864 | 40,562 |
| Currency and deposits | 1,586 | 14,134 | 22,906 | -14,239 | 26,582 | 6,459 | 22,211 |
| Trade credits and advances | 820 | 474 | 60 | 346 | -123 | 712 | 1,324 |
| Other accounts receivable | -11,069 | -2,870 | -1,628 | -10,002 | 4,368 | 9,544 | -27,011 |
| Net incurrence of liabilities | 50,908 | 62,151 | 81,749 | 22,745 | 72,370 | 281,693 | 208,163 |
| Direct investment liabilities | 13,748 | 9,655 | 18,966 | 12,022 | 21,668 | 35,649 | 58,833 |
| Direct investment liabilities, equity | 10,807 | 10,916 | 19,592 | 8,395 | 18,646 | 38,285 | 54,792 |
| Direct investment liabilities, debt instruments | 2,941 | -1,261 | -626 | 3,627 | 3,022 | -2,636 | 4,041 |
| Foreign portfolio investment in Canadian securities | 27,261 | 24,773 | -6,015 | 39,020 | -6,490 | 189,166 | 68,175 |
| Canadian debt securities | 26,249 | 15,227 | -15,977 | 23,988 | 7,835 | 132,616 | 41,690 |
| Canadian money market instruments | -5,718 | 10,260 | -3,711 | -1,398 | 459 | -12,097 | 16,241 |
| Canadian bonds | 31,967 | 4,967 | -12,266 | 25,386 | 7,376 | 144,713 | 25,448 |
| Canadian equity and investment fund shares | 1,012 | 9,546 | 9,962 | 15,031 | -14,325 | 56,550 | 26,486 |
| Other foreign investment in Canada | 9,900 | 27,723 | 68,797 | -28,297 | 57,193 | 56,878 | 81,155 |
| Loans | 2,418 | 8,529 | 8,077 | 1,214 | 1,119 | 12,716 | 20,108 |
| Currency and deposits | 4,493 | 16,897 | 57,845 | -30,816 | 54,449 | 40,150 | 51,202 |
| Special drawing rights | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade credits and advances | 666 | 375 | 789 | -426 | -200 | 224 | 1,844 |
| Other accounts payable | 2,322 | 1,922 | 2,086 | 1,731 | 1,825 | 3,788 | 8,002 |
| Discrepancy (net errors and omissions) | -1,052 | 4,669 | 5,151 | 1,877 | 5,971 | 7,816 | 11,420 |
Source(s):
Table note 1
Transactions are recorded on a net basis.
Table note 2
In the financial account, a positive value denotes an increase in investment and a negative value denotes a decrease in investment.
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