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Canada Q1 current account -6.17B sv -8.85B expected

Canada Q1 current account -6.17B sv -8.85B expected

News
Adam Button
30/05/2023 | 12:33 GMT
  • Canadian first quarter current account data
Canada current account
  • Prior was -10.64B (revised to -8.05B)
  • Trade deficit $3.4B vs $2.0B in Q4
  • Investment deficit $0.9B

The lower deficit mainly reflected a smaller investment income deficit, partially offset by a higher trade in goods and services deficit.

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