Table 2.
Canada-United States Current Account Reconciliation - 2011

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Table summary
This table displays the results of table 2. canada-united states current account reconciliation - 2011 official statistics, common-basis estimates after definitional and methodological adjustments, reconciled estimates, including statistical adjustments, total adjustments to official estimates, canada, united states and difference, calculated using millions of canadian dollars and millions of u.s. dollars units of measure (appearing as column headers).
  Official statistics Common-basis estimates after definitional and methodological adjustments Reconciled estimates, including statistical adjustments Total adjustments to official estimates
Canada Canada United States Difference Canada United States Difference Canada United States Canada United States
millions of Canadian dollars millions of U.S. dollars
Northbound  
Goods and services 341,980 345,748 338,553 7,194 342,150 338,557 3,593 345,122 345,122 -626 6,568
Goods, balance of payments basis 281,045 284,142 282,277 1,865 282,352 281,911 441 282,227 282,227 -1,915 -50
Services 60,935 61,606 56,277 5,329 59,798 56,646 3,152 62,895 62,895 1,289 6,618
Travel 20,202 20,425 19,366 1,059 20,425 20,676 -251 20,545 20,545 120 1,179
Passenger fares 4,691 4,745 4,598 147 4,745 4,598 147 4,745 4,745 0 147
Other transportation 4,068 4,110 3,161 949 4,197 3,530 667 4,045 4,045 -65 884
Freight 3,319 3,353 2,597 756 3,212 2,587 625 2,911 2,911 -442 314
Port services 560 566 564 2 793 933 -140 942 942 376 378
Other 190 192 0 192 192 10 182 192 192 0 192
Other services 31,974 32,326 29,152 3,174 30,431 27,842 2,589 33,560 33,560 1,234 4,408
Affiliated 18,724 18,915 9,719 9,196 18,578 9,719 8,859 14,142 14,142 -4,773 4,423
Unaffiliated 13,250 13,411 19,276 -5,865 11,853 17,966 -6,113 19,261 19,261 5,850 -15
U.S. military sales 0 0 157 -157 0 157 -157 157 157 157 0
Income 57,852 58,489 64,378 -5,889 56,433 65,780 -9,347 61,239 61,239 2,750 -3,139
Investment income 57,366 57,999 64,177 -6,178 55,943 65,579 -9,636 61,038 61,038 3,039 -3,139
Direct investment 28,801 29,119 40,729 -11,610 28,730 40,729 -11,999 34,729 34,729 5,610 -6,000
Earnings of affiliates 27,075 27,373 39,847 -12,474 27,373 39,847 -12,474 33,610 33,610 6,237 -6,237
Interest 1,727 1,746 882 864 1,357 882 475 1,119 1,119 -627 237
Other investment 28,565 28,880 23,448 5,432 27,213 24,850 2,363 26,309 26,309 -2,571 2,861
Securities 25,414 25,697 21,594 4,103 25,998 23,198 2,800 24,874 24,874 -823 3,280
U.S. claims/Canadian liabiliaties 3,151 3,183 1,852 1,331 1,215 1,650 -435 1,433 1,433 -1,750 -419
Other 0 0 2 -2 0 2 -2 2 2 2 0
Compensation of employees 485 490 201 289 490 201 289 201 201 -289 0
Current unilateral transfers 2,078 2,101 (1) 2,101 1,636 -269 1,905 -107 -107 -2,208 -107
Current account, northbound 401,910 406,338 402,931 3,406 400,219 404,068 -3,849 406,254 406,254 -84 3,322
Southbound  
Goods and services 374,346 378,471 349,007 29,463 375,027 364,215 10,812 376,536 376,536 -1,935 27,528
Goods, balance of payments basis 329,910 333,546 320,538 13,008 333,139 335,063 -1,924 335,233 335,233 1,687 14,695
Services 44,436 44,925 28,469 16,455 41,888 29,152 12,736 41,303 41,303 -3,622 12,834
Travel 7,070 7,148 7,064 84 7,148 7,372 -224 7,148 7,148 0 84
Passenger fares 629 636 593 43 636 593 43 636 636 0 43
Other transportation 5,793 5,857 4,790 1,067 5,869 5,472 397 5,643 5,643 -214 853
Freight 4,519 4,569 4,115 454 4,569 4,016 553 4,255 4,255 -314 140
Port services 1,137 1,150 675 475 1,236 1,372 -136 1,304 1,304 154 629
Other 136 138 0 138 64 84 -20 84 84 -54 84
Other services 30,943 31,284 16,023 15,261 28,235 15,715 12,520 27,876 27,876 -3,408 11,853
Affiliated 16,448 16,629 7,647 8,982 15,510 7,647 7,863 14,135 14,135 -2,494 6,488
Unaffiliated 14,495 14,655 8,165 6,490 12,539 7,857 4,682 13,530 13,530 -1,125 5,365
U.S. defense expenditures 0 0 211 -211 186 211 -25 211 211 211 0
Income 28,000 28,280 24,696 3,584 26,377 24,495 1,882 25,649 25,649 -2,631 953
Investment income 27,399 27,673 24,089 3,584 25,770 23,888 1,882 25,042 25,042 -2,631 953
Direct investment 15,202 15,329 11,082 4,247 14,738 11,082 3,656 12,910 12,910 -2,419 1,828
Earnings of affiliates 14,467 14,626 10,595 4,031 14,320 10,595 3,725 12,458 12,458 -2,168 1,863
Interest 736 703 487 216 418 487 -69 452 452 -251 -35
Other investment 12,197 12,344 13,007 -663 11,032 12,806 -1,774 12,132 12,132 -212 -875
Other private investment 11,187 11,323 11,807 -484 10,343 11,605 -1,262 11,187 11,187 -136 -620
Securities 9,836 9,957 11,016 -1,059 9,444 11,021 -1,577 10,390 10,390 433 -626
Canadian claims/U.S. liabiliaties 1,351 1,366 791 575 899 584 315 797 797 -569 6
U.S. Government liabilities 1,010 1,021 1,200 -179 689 1,201 -512 945 945 -76 -255
Compensation of employees 601 607 607 0 607 607 0 607 607 0 0
Current unilateral transfers 4,701 4,753 2,160 2,593 1,443 1,891 -448 1,621 1,621 -3,132 -539
Current account, southbound 407,048 411,504 375,863 35,640 402,847 390,601 12,246 403,806 403,806 -7,698 27,942
Balance (2)  
Current account 5,138 5,166 27,068   2,628 13,467   -2,448 2,448    
Note 1.

Current unilateral transfers are published on a net basis in the U.S. accounts and appear as net payments under Southbound.

Note 2.

A Canadian surplus (+) is a U.S. deficit (-), and a U.S. surplus (+) is a Canadian deficit (-).
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