Canada’s Economic Account Continues Dreadful Trend in 2nd quarter

The economic account of a country determines its micro and macro-economic policies to a large extent. There are certain factors that comprise the economic accounts. We will delve into these factors and the outlook for the Canadian economy does not paint a promising picture.

Table of Contents
Toggle
The Balance of Payments OutlookCurrent accountFirst trade in goods deficit in two yearsChart 1 
Current account balancesThe trade-in services deficit narrowsChart 2 
Goods balances by geographic areaHigher investment income surplusFinancial accountForeign investment in...