Canadian Economic Accounts Quarterly Review

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Second quarter 2012

GDP by income and by expenditure

Release date: August 31, 2012

Real gross domestic product (GDP) rose 0.5% in the second quarter of 2012, matching the pace of the two previous quarters. Business investment contributed the most to second-quarter GDP growth.

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GDP by industry

Release date: August 31, 2012

Real gross domestic product grew 0.2% in June after edging up 0.1% in May. Goods production rose 0.3%, while the output of service industries increased 0.1%.

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Balance of international payments

Release date: August 30, 2012

Canada's current account deficit expanded $5.9 billion to $16.0 billion in the second quarter, mainly on lower exports and higher imports of goods. In the capital and financial account, funds continued to flow into the Canadian economy, led in the second quarter by purchases of government debt securities.

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Financial flows

Release date: August 31, 2012

The demand for funds increased to $304 billion in the second quarter, marking the largest increase since the fourth quarter 2008.

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Labour productivity

Release date: September 7, 2012

The labour productivity of Canadian businesses fell 0.4% in the second quarter, after remaining unchanged in the previous quarter. It is the first decline in a year.

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International investment position

Release date: October 1, 2012

Due to the historical revision of the International Investment Position, scheduled for October 1^st, there will be no updates to this section in this issue.  Please consult The Daily at that time, for the latest estimates of Canada's International Investment Position.

National balance sheet accounts

Release date: October 15, 2012

Due to the historical revision of the National Balance Sheet Accounts, scheduled for October 15^th, there will be no updates to this section in this issue. Please consult The Daily at that time, for the latest estimates of the National Balance Sheet Accounts.

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