Table 1
Balance of payments – Not seasonally adjusted
| Second quarter 2019 | Third quarter 2019 | Fourth quarter 2019 | First quarter 2020 | Second quarter 2020 | 2018 | 2019 | |
|---|---|---|---|---|---|---|---|
| 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 | -9,266 | -11,666 | -5,900 | -15,734 | -10,057 | -55,574 | -47,094 |
| Current account balances | -9,266 | -11,666 | -5,900 | -15,686 | -10,057 | -55,499 | -47,005 |
| Goods and services | -7,493 | -9,386 | -5,785 | -14,475 | -9,554 | -43,563 | -38,883 |
| Goods | -2,596 | -7,452 | -672 | -7,782 | -9,491 | -22,131 | -18,443 |
| Services | -4,897 | -1,933 | -5,112 | -6,693 | -63 | -21,433 | -20,441 |
| Primary income | -1,314 | -1,226 | -229 | 719 | 145 | -8,599 | -5,329 |
| Compensation of employees | -886 | -874 | -842 | -701 | -511 | -3,430 | -3,420 |
| Investment income | -428 | -352 | 614 | 1,420 | 656 | -5,169 | -1,909 |
| Direct investment | 6,996 | 6,649 | 8,460 | 8,726 | 7,184 | 24,386 | 28,686 |
| Portfolio investment | -7,223 | -6,928 | -6,898 | -6,609 | -5,993 | -26,588 | -28,291 |
| Other investment | -201 | -73 | -948 | -697 | -536 | -2,967 | -2,303 |
| Secondary income | -459 | -1,054 | 113 | -1,929 | -648 | -3,336 | -2,792 |
| Capital account balance | 0 | 0 | 0 | -48 | 0 | -76 | -89 |
| Financial account1,2 | |||||||
| Net lending / net borrowing, from financial account | -8,618 | -12,972 | -3,097 | -10,432 | -17,019 | -45,849 | -43,679 |
| Net acquisition of financial assets | 74,357 | 47,155 | 97,500 | -14,659 | 15,999 | 147,955 | 227,445 |
| Direct investment assets | 25,368 | 15,564 | 24,620 | 7,641 | 14,770 | 68,639 | 97,985 |
| Direct investment assets, equity | 25,082 | 18,758 | 16,419 | 8,853 | 15,215 | 63,540 | 92,716 |
| Direct investment assets, debt instruments | 286 | -3,194 | 8,201 | -1,211 | -444 | 5,099 | 5,268 |
| Canadian portfolio investment in foreign securities | 8,979 | 5,692 | 21,434 | -45,114 | 24,081 | 57,532 | 32,960 |
| Foreign debt securities | 6,724 | 6,936 | 4,101 | -10,347 | -1,663 | 50,376 | 27,485 |
| Foreign money market instruments | -3,047 | 2,203 | -994 | 1,678 | 1,231 | 2,290 | -1,470 |
| Foreign bonds | 9,771 | 4,734 | 5,095 | -12,025 | -2,894 | 48,087 | 28,955 |
| Foreign equity and investment fund shares | 2,256 | -1,245 | 17,333 | -34,768 | 25,744 | 7,156 | 5,475 |
| Official international reserves | 1,689 | -1,399 | -738 | -2,470 | 865 | -2,004 | -1,716 |
| Other Canadian investment abroad | 38,321 | 27,298 | 52,183 | 25,284 | -23,717 | 23,788 | 98,216 |
| Loans | 14,231 | 16,169 | 8,954 | 37,972 | -25,863 | 40,575 | 33,721 |
| Currency and deposits | 21,673 | 5,629 | 4,595 | 29,675 | -1,901 | 9,589 | 26,222 |
| Trade credits and advances | -404 | 435 | 522 | -709 | -73 | 1,323 | 901 |
| Other accounts receivable | 2,820 | 5,066 | 38,112 | -41,653 | 4,120 | -27,698 | 37,372 |
| Net incurrence of liabilities | 82,975 | 60,127 | 100,596 | -4,227 | 33,018 | 193,804 | 271,123 |
| Direct investment liabilities | 24,052 | 13,471 | 13,624 | 10,038 | 11,823 | 60,319 | 63,560 |
| Direct investment liabilities, equity | 20,082 | 13,448 | 24,532 | 8,665 | 11,892 | 56,200 | 67,771 |
| Direct investment liabilities, debt instruments | 3,970 | 22 | -10,908 | 1,373 | -69 | 4,119 | -4,210 |
| Foreign portfolio investment in Canadian securities | -7,462 | 7,317 | -637 | 27,264 | 59,878 | 53,497 | 37,522 |
| Canadian debt securities | 7,635 | 5,481 | 3,287 | 39,884 | 80,460 | 27,283 | 39,741 |
| Canadian money market instruments | 1,540 | -2,783 | 7,158 | -7,949 | 12,385 | 16,090 | 4,527 |
| Canadian bonds | 6,095 | 8,265 | -3,871 | 47,833 | 68,075 | 11,194 | 35,214 |
| Canadian equity and investment fund shares | -15,097 | 1,836 | -3,924 | -12,620 | -20,582 | 26,213 | -2,219 |
| Other foreign investment in Canada | 66,385 | 39,339 | 87,610 | -41,530 | -38,684 | 79,989 | 170,041 |
| Loans | 12,005 | -8,951 | 10,669 | -5,949 | -6,887 | 23,175 | 15,907 |
| Currency and deposits | 51,973 | 45,811 | 73,712 | -37,205 | -31,690 | 47,032 | 144,479 |
| Special drawing rights | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade credits and advances | 156 | 981 | 229 | -169 | 45 | 868 | 932 |
| Other accounts payable | 2,251 | 1,498 | 2,999 | 1,794 | -151 | 8,915 | 8,724 |
| Discrepancy (net errors and omissions) | 648 | -1,306 | 2,803 | 5,302 | -6,962 | 9,725 | 3,415 |
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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