Canada's Current Account in the First Quarter
Statistics Canada announced the Canada's Current Account in the First Quarter on 2025-05-29. The reported figure stands at -21.3billion Canadian dollars, against a forecast of -32.5billion Canadian dollars, with the prior figure recorded as -49.9billion Canadian dollars.
Regarding the Canada's Current Account in the First Quarter, Actual value > Expected value = Positive for the Canadian dollar, The contents of the current account generally include five main items: 1. Goods. 2. Services. 3. Investment income. 4. Other goods, services, and income. 5. Unilateral transfers: referring to donations, relief, foreign aid from one country to another, and the sharing of funds for international organizations in cash or physical form. It is further divided into current transfers for consumption expenditures and capital transfers for long-term expenses. Current transfers refer to the increase in income for the recipient, such as public-funded study abroad, overseas refugee relief, repayment of foreign debts, or the gratuitous donation of national public property to foreign countries.
This data holds an importance level of , calculated using The value difference between the previous month’s goods, services, investor income, and the current account imports and exports, and updates Published once every quarter, approximately sixty days after the end of the season.
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