>
Statistics Canada
Symbol of the Government of Canada

Table 1
Balance of payments

Warning View the most recent version.

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.

  Third quarter 2007 Fourth quarter 2007 First quarter 2008 Second quarter 2008 Third quarter 2008 2006 2007
  Not seasonally adjusted
  $ millions
Current account              
Receipts              
Goods and services 130,747 126,697 130,878 146,979 147,819 520,960 530,332
Goods 111,695 110,833 115,566 130,007 128,792 453,732 463,051
Services 19,052 15,864 15,313 16,972 19,027 67,227 67,280
Investment income 18,220 18,685 17,534 19,925 17,568 64,497 71,417
Direct investment 9,696 9,657 7,940 11,130 8,423 34,978 37,139
Portfolio investment 5,449 5,240 5,485 5,772 5,599 17,387 21,683
Other investment 3,074 3,788 4,108 3,023 3,547 12,131 12,595
Current transfers 2,142 2,709 2,755 2,194 2,105 9,700 9,545
Current account receipts 151,109 148,091 151,166 169,098 167,492 595,156 611,294
Payments              
Goods and services 123,521 123,394 124,848 137,056 135,662 486,245 501,474
Goods 101,920 101,825 101,890 114,227 113,451 404,253 415,006
Services 21,601 21,569 22,958 22,829 22,211 81,992 86,468
Investment income 20,717 21,227 20,743 21,012 21,423 77,872 85,611
Direct investment 9,220 9,384 9,494 10,482 10,610 34,354 38,444
Portfolio investment 7,707 7,506 7,436 7,689 8,037 29,270 30,809
Other investment 3,790 4,337 3,813 2,841 2,775 14,247 16,358
Current transfers 2,397 2,505 3,293 2,286 2,643 10,809 10,601
Current account payments 146,635 147,125 148,884 160,354 159,727 574,925 597,686
Balances              
Goods and services 7,226 3,302 6,030 9,923 12,157 34,715 28,858
Goods 9,775 9,007 13,675 15,780 15,341 49,480 48,046
Services -2,549 -5,705 -7,645 -5,857 -3,184 -14,765 -19,188
Investment income -2,497 -2,541 -3,209 -1,087 -3,854 -13,375 -14,194
Direct investment 476 274 -1,554 648 -2,187 623 -1,305
Portfolio investment -2,257 -2,266 -1,951 -1,917 -2,438 -11,883 -9,126
Other investment -715 -549 295 182 771 -2,115 -3,763
Current transfers -255 204 -538 -92 -537 -1,109 -1,056
Current account balance 4,473 965 2,283 8,744 7,765 20,231 13,607
Capital and financial account1, 2              
Capital account 1,037 907 1,199 1,193 1,079 4,130 4,199
Financial account -9,017 2,666 -541 -9,136 -6,611 -21,328 -21,951
Canadian assets, net flows              
Canadian direct investment abroad -12,920 -16,017 -23,979 -13,181 -28,968 -44,373 -57,806
Portfolio investment 7,979 -5,378 -3,454 -3,147 -796 -78,492 -48,422
Foreign bonds 1,688 2,932 -685 1,141 4,262 -43,602 -28,903
Foreign stocks -4,082 -9,828 -2,891 -4,815 -5,695 -28,090 -30,941
Foreign money market 10,373 1,518 121 527 637 -6,800 11,422
Other investment -19,848 -8,997 -18,501 -7,792 -162 -36,022 -63,866
Loans -9,162 1,770 -3,684 1,727 7,837 -12,314 -9,819
Deposits -16,555 -6,691 -14,224 -7,759 -12,684 -8,997 -41,993
Official international reserves -144 588 247 -1,816 -779 -1,013 -4,644
Other assets 6,013 -4,664 -840 57 5,465 -13,698 -7,410
Total Canadian assets, net flows -24,789 -30,392 -45,934 -24,120 -29,925 -158,886 -170,093
Canadian liabilities, net flows              
Foreign direct investment in Canada 27,770 49,270 18,229 4,213 17,356 71,198 116,706
Portfolio investment -9,144 -27,122 9,969 27,858 -6,990 31,656 -31,591
Canadian bonds 541 5,198 9,697 19,562 -3,651 17,130 11,540
Canadian stocks -8,524 -32,039 3,717 5,617 -5,323 10,814 -41,994
Canadian money market -1,160 -280 -3,445 2,679 1,984 3,711 -1,137
Other investment -2,854 10,910 17,194 -17,087 12,948 34,704 63,027
Loans -3,946 7,423 504 -1,911 2,947 14,638 10,670
Deposits -21 4,417 16,165 -15,598 9,810 20,384 48,574
Other liabilities 1,114 -931 525 421 190 -318 3,783
Total Canadian liabilities, net flows 15,772 33,058 45,393 14,984 23,315 137,558 148,143
Total capital and financial account,              
net flows -7,980 3,573 659 -7,943 -5,532 -17,198 -17,752
Statistical discrepancy 3,506 -4,538 -2,941 -802 -2,233 -3,033 4,144
1.A minus sign denotes an outflow of capital resulting from an increase in claims on non-residents or from a decrease in liabilities to non-residents.
2.Transactions are recorded on a net basis.