Canadian Economic Accounts Quarterly Review

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Third quarter 2013

GDP by income and by expenditure

Release date: November 29, 2013

Real gross domestic product (GDP) expanded 0.7% in the third quarter of 2013, following 0.4% growth in the second quarter.

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GDP by industry

Release date: November 29, 2013

Real gross domestic product grew 0.3% in September, a third consecutive monthly increase. A notable increase in manufacturing and gains in most major services industries were the main sources of growth.

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Balance of international payments

Release date: November 28, 2013

Canada's current account deficit decreased $0.5 billion to $15.5 billion in the third quarter. In the financial account, increased foreign investment in Canadian securities and reduced Canadian assets held abroad in the form of currency and deposits were the largest contributors to the inflows of funds.

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Financial flows

Release date: December 13, 2013

Funds raised by domestic non-financial sectors on financial markets totalled $58.9 billion in the third quarter.  Households borrowed $25.2 billion, while non-financial private corporations borrowed $16 billion.

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Labour productivity

Release date: December 6, 2013

Labour productivity in Canadian businesses rose 0.2% in the third quarter, following a 0.4% gain in the second quarter.

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International investment position

Release date: December 12, 2013

Canada's net foreign debt fell by $41.1 billion to $66.2 billion by the end of the third quarter, marking a third consecutive quarterly decline despite an ongoing current account deficit. The decline in the third quarter mainly reflected the impact of stronger foreign equity markets, which pushed up the value of Canada's international assets more than that of international liabilities.

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National balance sheet accounts

Release date: December 13, 2013

National net worth increased to $7.5 trillion in the third quarter, up 2.1% from the second quarter, to reach $212,700 on a per capita basis.

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