Table 1
Balance of payments – Not seasonally adjusted
| Second quarter 2025 | Third quarter 2025 | Fourth quarter 2025 | First quarter 2026 | Second quarter 2026 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| 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 | -26,729 | -9,107 | 3,590 | -8,774 | 4,390 | -15,571 | -33,139 |
| Current account balances | -26,628 | -9,033 | 4,962 | -7,724 | 5,041 | -14,974 | -30,786 |
| Goods and services | -24,122 | -11,416 | 1,836 | -4,135 | 8,775 | -5,698 | -28,971 |
| Goods | -22,218 | -15,102 | -606 | -1,421 | 10,126 | -7,174 | -31,604 |
| Services | -1,904 | 3,686 | 2,441 | -2,714 | -1,352 | 1,476 | 2,633 |
| Primary income | -909 | 4,190 | 4,553 | -2,379 | -3,383 | -7,058 | 4,677 |
| Compensation of employees | -3,949 | -3,835 | -3,545 | -3,255 | -3,065 | -15,338 | -15,394 |
| Investment income | 3,041 | 8,025 | 8,097 | 876 | -318 | 8,280 | 20,071 |
| Direct investment | 16,268 | 19,546 | 21,668 | 17,639 | 16,408 | 57,201 | 72,970 |
| Portfolio investment | -11,914 | -11,561 | -13,104 | -13,535 | -14,776 | -44,545 | -48,762 |
| Other investment | -1,313 | 39 | -467 | -3,229 | -1,950 | -4,377 | -4,137 |
| Secondary income | -1,597 | -1,807 | -1,426 | -1,210 | -351 | -2,218 | -6,491 |
| Capital account balance | -102 | -74 | -1,372 | -1,050 | -650 | -597 | -2,354 |
| Financial account1,2 | |||||||
| Net lending / net borrowing, from financial account | -22,468 | -3,413 | 4,464 | -9,615 | 11,704 | -20,944 | -21,050 |
| Net acquisition of financial assets | 44,578 | 107,290 | 176,684 | 44,408 | 157,309 | 274,302 | 369,965 |
| Direct investment assets | 29,509 | 27,944 | 12,631 | 43,644 | 17,130 | 123,029 | 79,092 |
| Direct investment assets, equity | 30,859 | 23,185 | 15,814 | 39,823 | 15,650 | 114,512 | 69,354 |
| Direct investment assets, debt instruments | -1,350 | 4,759 | -3,182 | 3,821 | 1,480 | 8,518 | 9,738 |
| Canadian portfolio investment in foreign securities | 23,800 | 56,053 | 18,476 | 40,304 | 45,557 | 112,623 | 133,821 |
| Foreign debt securities | 7,091 | 26,291 | -13,195 | 3,379 | 10,014 | 86,313 | 39,486 |
| Foreign money market instruments | -1,944 | 2,789 | -341 | -2,887 | 2,738 | -1,445 | -568 |
| Foreign bonds | 9,035 | 23,502 | -12,854 | 6,266 | 7,276 | 87,758 | 40,053 |
| Foreign equity and investment fund shares | 16,709 | 29,762 | 31,671 | 36,925 | 35,543 | 26,310 | 94,335 |
| Official international reserves | -4,335 | 2,270 | 353 | -710 | 1,187 | 7,433 | 1,300 |
| Other Canadian investment abroad | -4,396 | 21,023 | 145,224 | -38,830 | 93,435 | 31,217 | 155,752 |
| Loans | -17,100 | -15,044 | 68,718 | -9,676 | 55,606 | -7,779 | 50,493 |
| Currency and deposits | 18,064 | 13,916 | 16,507 | -12,251 | 18,592 | 54,304 | 55,306 |
| Trade credits and advances | -741 | 6 | 520 | 142 | -183 | -2,218 | -756 |
| Other accounts receivable | -4,619 | 22,145 | 59,479 | -17,046 | 19,420 | -13,090 | 50,709 |
| Net incurrence of liabilities | 67,046 | 110,702 | 172,220 | 54,023 | 145,606 | 295,246 | 391,014 |
| Direct investment liabilities | 22,812 | 17,603 | 26,033 | 18,797 | 25,888 | 86,825 | 98,337 |
| Direct investment liabilities, equity | 24,119 | 18,654 | 25,189 | 20,604 | 21,821 | 88,230 | 95,472 |
| Direct investment liabilities, debt instruments | -1,306 | -1,051 | 844 | -1,808 | 4,066 | -1,405 | 2,865 |
| Foreign portfolio investment in Canadian securities | -16,737 | 81,493 | 61,329 | 57,144 | 100,645 | 193,252 | 120,093 |
| Canadian debt securities | -13,774 | 73,494 | 44,394 | 64,804 | 110,195 | 200,843 | 138,808 |
| Canadian money market instruments | -3,340 | 21,023 | -10,665 | -13,854 | 4,015 | 3,548 | -10,405 |
| Canadian bonds | -10,435 | 52,471 | 55,059 | 78,659 | 106,180 | 197,295 | 149,214 |
| Canadian equity and investment fund shares | -2,962 | 7,999 | 16,935 | -7,660 | -9,551 | -7,591 | -18,715 |
| Other foreign investment in Canada | 60,970 | 11,606 | 84,858 | -21,918 | 19,074 | 15,169 | 172,585 |
| Loans | -530 | -16,536 | 62,080 | -25,048 | -11,457 | -40,391 | 75,614 |
| Currency and deposits | 60,928 | 27,948 | 21,753 | 4,972 | 30,424 | 54,618 | 95,924 |
| Special drawing rights | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade credits and advances | 426 | 39 | 871 | -1,991 | -38 | 357 | 445 |
| Other accounts payable | 147 | 155 | 154 | 149 | 144 | 585 | 601 |
| Discrepancy (net errors and omissions) | 4,262 | 5,694 | 874 | -841 | 7,313 | -5,374 | 12,090 |
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.
- Date modified: