Currency composition of Canada's international investment position - ARCHIVED

Articles and reports: 13-605-X201800154916

Description:

Despite ongoing current account deficits and the corresponding need to borrow funds from abroad, Canada’s net international investment position (IIP) has increased to unprecedented levels in recent years. This suggests that the change in the net IIP has been driven by factors other than current account deficits. Among these factors is the revaluation effect related to exchange rate fluctuations. This article describes in details the currency composition of Canada's international financial assets and liabilities as well as the impact of exchange rate fluctuations on the value of these financial instruments. It also includes information on how Canada compares with other countries with respect to the currency exposure of its international assets and liabilities.

Issue Number: 2018001
FormatRelease dateMore information
PDFMarch 29, 2018
HTMLMarch 14, 2018