Statistics Canada
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Canada's Balance of International Payments
System of National Accounts
Third Quarter 2008
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Highlights
Canada's balance of international payments
Third quarter 2008
- The current account surplus with the rest of the world narrowed in the third quarter of 2008, as exports slowed and earnings on foreign direct investment declined. On the financial side of the ledger, cross-border direct investment activity picked up while Canadian foreign portfolio investment eased and non-residents reduced their holdings of Canadian securities.
