Canadian Economic Accounts Quarterly Review
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Third quarter 2011
GDP by income and by expenditure
Release date: November 30, 2011
Real gross domestic product advanced 0.9% in the third quarter, after declining 0.1% in the second quarter. Increased demand for exports led third-quarter gross domestic product growth. Final domestic demand slowed to 0.2%.
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GDP by industry
Release date: November 30, 2011
Real gross domestic product rose 0.2% in September, following 0.4% increases in both August and July. Output of the goods-producing industries rose 0.5% in September as increased activity was recorded in manufacturing, mining and oil and gas extraction as well as utilities and construction. The service sector edged up 0.1%, with advances in retail trade, transportation and some tourism-related industries.
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Balance of international payments
Release date: November 29, 2011
Canada's overall current account deficit narrowed $4.0 billion in the third quarter of 2011 to reach $12.1 billion. Foreign portfolio investors continued to supply funds to the Canadian economy, mostly through the acquisition of short-term debt securities.
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Financial flows
Release date: November 30, 2011
Total funds raised by domestic non-financial sectors was $221 billion, down from $263 billion in the previous quarter. Financing activity was notably lower in both the non-financial corporations and other levels of government sectors.
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Labour productivity
Release date: December 9, 2011
The labour productivity of Canadian businesses rose 0.4% in the third quarter, after declining 1.0% in the second quarter.
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International investment position
Release date: December 12, 2011
Canada's net foreign debt was down $31.8 billion to $189.5 billion at the end of the third quarter, led by the depreciation of the Canadian dollar against most major foreign currencies.
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National balance sheet accounts
Release date: December 13, 2011
National net worth increased 1.0% to reach $6.5 trillion in the third quarter of 2011, a slower pace than in the second quarter (+1.3%). On a per capita basis, national net worth rose to $189,100 in the third quarter, up from $187,900 in the previous quarter.
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