Canada's balance of international payments, first quarter 2022

May 30, 2022, 8:44 a.m. (EDT)

Canada's current account balance (on a seasonal adjusted basis) recorded a $5.0 billion surplus in the first quarter of 2022 after posting a small deficit of $137 million in the previous quarter. This surplus, the highest in almost 14 years, was led by the largest goods surplus since the financial crisis of 2008.

Continue reading

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).