Canada Q3 current account -11.10B vs +2.69B prior

  • Canadian third quarter 2022 current account data
Canada current account Q3 2022
  • Prior was 2.69B (revised to 2.65B)
  • Net investment outflow of $12.9B
  • Full report

This is a low-key data point and reflected a considerably lower goods surplus and higher investment income deficit. The goods surplus fell on a slower global economy and declines in commodity prices, especially oil. USD/CAD is rising at the moment on broad USD strength and trading up 74 pips to 1.3451 on the day.

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access