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Table 2 Imports

Reference period Imports including adjustments Imports excluding adjustments Import adjustments Growth rate of imports including adjustments Growth rate of imports excluding adjustments Growth rate difference CAN$/US$ Change in exchange rate
2002 constant prices, seasonally adjusted at annual rates exchange rate percentage
millions of dollars percentage
First quarter, 2002 341,796 341,796 0 1.01 1.01 0.00 1.5944 0.89
Second quarter, 2002 357,616 357,616 0 4.63 4.63 0.00 1.5542 -2.52
Third quarter, 2002 363,780 363,780 0 1.72 1.72 0.00 1.5632 0.58
Fourth quarter, 2002 363,720 363,720 0 -0.02 -0.02 0.00 1.5695 0.40
First quarter, 2003 365,220 365,548 -328 0.41 0.50 -0.09 1.5098 -3.81
Second quarter, 2003 366,296 367,216 -920 0.29 0.46 -0.16 1.3984 -7.37
Third quarter, 2003 362,172 362,177 -5 -1.13 -1.37 0.25 1.3801 -1.31
Fourth quarter, 2003 379,064 379,416 -352 4.66 4.76 -0.10 1.3158 -4.66
First quarter, 2004 382,132 382,373 -241 0.81 0.78 0.03 1.3178 0.15
Second quarter, 2004 396,260 396,230 30 3.70 3.62 0.07 1.3595 3.17
Third quarter, 2004 409,268 410,537 -1,269 3.28 3.61 -0.33 1.3072 -3.85
Fourth quarter, 2004 414,564 416,952 -2,388 1.29 1.56 -0.27 1.2207 -6.61
First quarter, 2005 423,932 426,046 -2,114 2.26 2.18 0.08 1.2270 0.52
Second quarter, 2005 423,748 426,010 -2,262 -0.04 -0.01 -0.04 1.2439 1.38
Third quarter, 2005 433,868 437,132 -3,264 2.39 2.61 -0.22 1.2015 -3.41
Fourth quarter, 2005 445,608 448,812 -3,204 2.71 2.67 0.03 1.1732 -2.35
First quarter, 2006 444,136 447,654 -3,518 -0.33 -0.26 -0.07 1.1545 -1.59
Second quarter, 2006 455,420 459,741 -4,321 2.54 2.70 -0.16 1.1224 -2.79
Third quarter, 2006 462,404 466,187 -3,783 1.53 1.40 0.13 1.1212 -0.10
Fourth quarter, 2006 464,832 468,210 -3,378 0.53 0.43 0.09 1.1393 1.61
First quarter, 2007 466,568 470,019 -3,451 0.37 0.39 -0.01 1.1716 2.84
Second quarter, 2007 470,148 475,142 -4,994 0.77 1.09 -0.32 1.0981 -6.27
Third quarter, 2007 495,252 500,725 -5,473 5.34 5.38 -0.04 1.0446 -4.87
Fourth quarter, 20071 501,392 507,696 -6,304 1.24 1.39 -0.15 0.9818 -6.01
First quarter, 2008 490,112 495,294 -5,182 -2.25 -2.44 0.19 1.0041 2.27
Second quarter, 2008 495,236 500,625 -5,389 1.05 1.08 -0.03 1.0100 0.59
Third quarter, 2008 496,348 500,862 -4,514 0.22 0.05 0.18 1.0418 3.15
Fourth quarter, 2008 457,148 455,632 1,516 -7.90 -9.03 1.13 1.2125 16.38
1. During the fourth quarter of 2007, for example, there was an exchange rate appreciation of 6.01%. The import adjustment served to decrease import growth by .15% during this period.