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67-202-XIE
Canada's international investment position
Third quarter 2004

Highlights
  • The value of Canada's assets abroad plunged during the third quarter of 2004 as the Canadian dollar appreciated — mostly against the US currency. The appreciation also caused a decline in Canadian liabilities to the rest of the world. As a result, Canada's net liability to foreign residents (the difference between its external assets and foreign liabilities) rose by 9.2% to $192.9 billion.

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Date Modified: 2004-12-17 Important Notices