Canada's net foreign asset position, the difference between Canada's international financial assets and international liabilities, increased by $95.3 billion to $1,925.8 billion at the end of the third quarter, following two consecutive quarters of decline. Overall, the upward revaluation from fluctuations in exchange rates and, to a lesser extent, the upward revaluation due to market price changes contributed to the increase. In the third quarter, Canada's international assets and liabilities both grew significantly, driven by the rise in equity and debt instrument prices.
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