Thursday, April 24th5.8°C
21104
20957

Current account deficit rose $1.2B in fourth quarter: Statistics Canada

OTTAWA - Statistics Canada says the country's current account deficit increased $1.2 billion to $16 billion in the fourth quarter on a seasonally adjusted basis.

The agency said the increase was mostly due to a larger deficit on trade in goods.

The deficit on international trade in goods widened $1.4 billion to $2.7 billion in the fourth quarter, as exports fell and imports moved higher.

The trade surplus with the United States was down by $3.3 billion on stronger imports and weaker exports, both sides led by changes in crude petroleum.

The narrowing in the deficit with the rest of the world had a moderating effect, as imports of crude petroleum were down $1.6 billion.

Overall exports of goods were down $900 million to $120.1 billion, while total imports of goods were up $500 million to $122.9 billion

The Canadian Press


Read more Business News

20344


Recent Trending




Today's Market
S&P TSX14533.39-22.58
S&P CDNX1010.986.10
DJIA16501.65-12.72
Nasdaq4126.967-34.491
S&P 5001875.39-4.16
CDN Dollar0.9076+0.0012
Gold1278.00-6.20
Oil102.15-2.22
Lumber333.20+1.60
Natural Gas4.762+0.032

 
Okanagan Companies
Pacific Safety0.115+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.22+0.01
Cantex0.05+0.005
Anavex Life Sciences0.38-0.005
Metalex Ventures0.080.00
Russel Metals31.30+0.13
Copper Mountain Mining2.33-0.05
Colorado Resources0.27+0.01
ReliaBrand Inc0.11+0.03
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.250.00

 



21312

FEATURED Property
17474511017 Longacre Place
5 bedrooms 3 baths
$509,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


On living and dying

Our ability to live beyond our years has nothing to do with medical science; we will all live longer than our physical bodies, each of us will leave behind a personal legacy made up of our deeds, our ...


Learning to flirt with the edge

With all of the adventure activities I have done and still do, I wonder sometimes if the edge still exists. The systematic approach to learning a new adventure or extreme activity combined with the r...


Time spent prospecting

How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...

_



21368

20956


Member of BC Press Council