Canadian Economic Accounts Quarterly Review

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Second quarter 2014

GDP by income and by expenditure

Release date: August 29, 2014

Real gross domestic product (GDP) rose 0.8% in the second quarter, following a more moderate increase of 0.2% in the first quarter. This was the largest quarterly gain since the third quarter of 2011.

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GDP by industry

Release date: August 29, 2014

Real gross domestic product grew 0.3% in June, a sixth consecutive monthly increase.

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Balance of international payments

Release date: August 28, 2014

Canada's current account deficit was largely unchanged in the second quarter, edging down $0.2 billion to $11.9 billion. This reflected a slight increase in the deficit on trade in goods and services, which was more than offset by a lower investment income deficit.

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Financial flows

Release date: September 12, 2014

Demand for funds by the domestic non-financial sectors (households, non-profit institutions serving households, governments, and non-financial corporations) was $77.6 billion in the second quarter.

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Labour productivity

Release date: September 5, 2014

Labour productivity in Canadian businesses rose 1.8% in the second quarter, after edging down 0.1% in the first quarter.

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International investment position

Release date: September 11, 2014

Canada's net international investment position fell by $94.7 billion in the second quarter, which pushed Canada from a net foreign asset position to a net foreign debt position of $57.3 billion.

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National balance sheet accounts

Release date: September 12, 2014

National net worth edged up 0.6% from the first quarter of 2014 to reach $7,907 billion in the second quarter. This was the slowest advance since the third quarter of 2012. Similarly, on a per capita basis national net worth edged up to $222,400.

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