Table 1 
Balance of payments – Not seasonally adjusted 

Balance of payments – Not seasonally adjusted
  Fourth quarter 2021 First quarter 2022 Second quarter 2022 Third quarter 2022 Fourth quarter 2022 2021 2022
  millions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollars
Capital account and current account              
Net lending / net borrowing, from capital account and current account 3,845 4,708 3,330 -13,494 -5,404 -6,787 -10,859
Current account balances 3,845 4,741 3,330 -13,494 -5,404 -6,749 -10,826
Goods and services 2,275 8,885 4,757 -8,353 -431 -1,041 4,859
Goods 3,220 11,508 10,959 -2,607 2,141 4,695 22,002
Services -945 -2,623 -6,202 -5,746 -2,572 -5,736 -17,143
Primary income 2,313 -1,428 -1,497 -4,499 -4,133 -298 -11,557
Compensation of employees -1,365 -1,398 -1,421 -1,450 -1,477 -5,323 -5,745
Investment income 3,677 -29 -77 -3,049 -2,656 5,025 -5,811
Direct investment 10,919 8,420 9,326 6,312 6,678 32,465 30,736
Portfolio investment -5,179 -5,823 -6,970 -9,043 -9,188 -20,572 -31,024
Other investment -2,062 -2,627 -2,432 -318 -147 -6,868 -5,524
Secondary income -743 -2,716 70 -642 -840 -5,410 -4,128
Capital account balance 0 -33 0 0 0 -38 -33
Financial account1,2              
Net lending / net borrowing, from financial account -775 1,477 4,301 -7,128 -7,121 -2,315 -8,472
Net acquisition of financial assets 225,340 -38,768 91,399 90,534 130,631 420,328 273,795
Direct investment assets 68,808 22,379 42,449 26,386 12,576 120,570 103,790
Direct investment assets, equity 64,283 21,885 40,203 31,546 13,967 120,774 107,601
Direct investment assets, debt instruments 4,525 493 2,246 -5,159 -1,392 -204 -3,811
Canadian portfolio investment in foreign securities 44,422 -46,456 16,111 12,221 10,643 165,470 -7,482
Foreign debt securities 19,717 10,440 14,491 15,871 14,076 52,832 54,879
Foreign money market instruments 2,295 1,615 60 -1,592 2,306 327 2,389
Foreign bonds 17,422 8,825 14,431 17,464 11,771 52,505 52,490
Foreign equity and investment fund shares 24,705 -56,896 1,620 -3,650 -3,434 112,638 -62,361
Official international reserves 1,439 1,597 8,946 2,087 1,187 25,320 13,817
Other Canadian investment abroad 110,671 -16,288 23,892 49,840 106,225 108,969 163,669
Loans 22,869 -24,490 16,529 48,629 41,716 26,177 82,384
Currency and deposits 32,365 39,857 2,712 5,486 26,608 60,527 74,663
Trade credits and advances 234 1,084 732 2,366 -128 835 4,055
Other accounts receivable 55,203 -32,740 3,919 -6,641 38,029 21,430 2,567
Net incurrence of liabilities 226,115 -40,246 87,098 97,662 137,752 422,643 282,266
Direct investment liabilities 24,065 20,984 18,219 14,669 15,241 81,304 69,113
Direct investment liabilities, equity 23,792 20,119 18,742 14,792 17,373 71,437 71,027
Direct investment liabilities, debt instruments 273 865 -523 -124 -2,132 9,867 -1,914
Foreign portfolio investment in Canadian securities 91,733 74,645 7,723 18,736 42,549 218,025 143,652
Canadian debt securities 74,223 62,737 21,941 28,933 42,048 172,061 155,659
Canadian money market instruments 19,605 -8,591 -5,695 -5,474 20,127 40,897 366
Canadian bonds 54,617 71,329 27,636 34,407 21,921 131,165 155,293
Canadian equity and investment fund shares 17,511 11,908 -14,218 -10,197 501 45,964 -12,007
Other foreign investment in Canada 110,316 -135,875 61,156 64,258 79,962 123,314 69,502
Loans 29,680 -57,648 14,925 26,896 49,538 31,023 33,712
Currency and deposits 77,957 -78,770 46,171 36,688 30,362 68,568 34,452
Special drawing rights 0 0 0 0 0 18,943 0
Trade credits and advances 1,502 374 -97 510 -95 1,920 693
Other accounts payable 1,178 169 156 164 157 2,860 645
Discrepancy (net errors and omissions) -4,620 -3,231 970 6,365 -1,717 4,472 2,387
Report a problem on this page

Is something not working? Is there information outdated? Can't find what you're looking for?

Please contact us and let us know how we can help you.

Privacy notice

Date modified: