Canadian Economic Accounts Quarterly Review

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First quarter 2011


GDP by income and by expenditure

Release date: May 30, 2011

Real gross domestic product (GDP) advanced 1.0% in the first quarter, following a 0.8% increase in the previous quarter. Final domestic demand rose 0.6%.

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GDP by industry

Release date: May 30, 2011

Real gross domestic product increased 0.3% in March, following a 0.1% decline in February.

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Balance of international payments

Release date: May 30, 2011

Canada's current account deficit declined for the second consecutive quarter to reach $8.9 billion in the first quarter of 2011, led by a larger goods surplus.

The purchase by foreign investors of Canadian securities slowed in the quarter, but continued to account for most of the inflows to Canada.

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Financial flows

Release date: May 30, 2011

Total funds raised by domestic non-financial sectors amounted to $226 billion in the first quarter, down from $281 billion in the fourth quarter of 2010.

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Labour productivity

Release date: June 10, 2011

The labour productivity of Canadian businesses increased for the third consecutive quarter, rising 0.4% in the first quarter following a 0.3% advance in the previous quarter.

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International investment position

Release date: June 17, 2011

Canada's net international indebtedness increased $13.5 billion to $209.7 billion at the end of the first quarter. This marked the eight consecutive quarter of decline in Canada's net international investment position.

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National balance sheet accounts

Release date: June 20, 2011

National net worth increased 0.7% to reach $6.4 trillion in the first quarter of 2011. Growth in non-financial assests was partially offset by an increase in net foreign debt.

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