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This study was prepared by Michael Marth, Balance of Payments Division.

Review Committee: Catherine Boies, John Flanders, Barry Mersereau, Art Ridgeway and Éric Simard.

Special contribution: Catherine Boies, Art Ridgeway and Éric Simard

Managing Editor: Yvan Gervais

Production: Debi Soucy

May 2004

Catalogue no. 11-621-MIE2004013
ISSN 1707-0503
ISBN 0-662-37173-9

Frequency: Occasional


For more information, or to enquire about the concepts, methods or data quality of this release, contact Michael Marth (613) 951-6868. Enquiries can also be made to 1-800-263-1136. E-mail enquiries can be sent to

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Published by the Minister responsible for Statistics Canada.

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without prior written permission from License Services, Marketing Division Statistics Canada, Ottawa, Ontario, Canada K1A 0T6.