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Canada's Current Account Deficit Hits Record High The current account deficit was C$13.1 billion in the third quarter, slightly smaller than market expectations. The second-quarter deficit was revised to C$11.9 billion from the previous estimate of C$11.2 billion. ... The services deficit narrowed slightly,
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www.actionforex.com/fundamental-analysis/daily-forex-fu...
www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/canada's-current-account-deficit-hits-record-high-20091127101547/
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Feb 27, 2009 ... (Adds analysts, market reaction) By Louise Egan OTTAWA, Feb 27 (Reuters) - Canada's current account plunged into deficit in the fourth ...
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www.reuters.com/articlePrint?articleId=USN2725769620090...
www.reuters.com/articlePrint?articleId=USN2725769620090227
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; Canada's current account deficit widened to a seasonally adjusted 2.27 billion dlrs in the fourth; quarter from a deficit of 1.94 billion dlrs in the third, Statistics Canada said. The shortfall for the full year rose to 8.81 billion dlrs; from 1985's 584 mln dlr deficit, the federal agency said.
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kmapper.sourceforge.net/kmapper/html/reuters21578/reut2...
kmapper.sourceforge.net/kmapper/html/reuters21578/reut2-001/1100_html/default.htm
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Concern over the risk of a run on the dollar ... Timothy Geithner, president of the New York Federal Reserve, on Monday dismissed the view that the US current account deficit was sustainable, suggesting the risk of a sudden fall in the dollar would grow the longer the trade gap widened.
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news.ft.com/cms/s/12afef68-8c3c-11da-9efb-0000779e2340....
news.ft.com/cms/s/12afef68-8c3c-11da-9efb-0000779e2340.html
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Asian banks particularly, are financing US deficit ... In 2003, the most recent year with full international statistics, central banks financed 83 per cent of the US current account deficit, with Asian central banks accounting for 86 per cent of flows.
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news.ft.com/cms/s/bd52ee06-6dad-11d9-ae0d-00000e2511c8....
news.ft.com/cms/s/bd52ee06-6dad-11d9-ae0d-00000e2511c8.html
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Canada’s current account deficit widened to $11.2-billion in the second quarter, Statistics Canada reported ... OTTAWA -- Canada's current account deficit widened to a record $11.2-billion in the second quarter, Statistics Canada reported Friday, as exports fell more than imports amid the economic downturn.
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www.financialpost.com/story.html?id=1939115
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Canada recorded its first deficit in international payments in a decade as the global economic downturn ... The country had a current account deficit of $7.5-billion in the fourth quarter after running a surplus since 1999, Statistics Canada said Friday.
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www.financialpost.com/story.html?id=1335730
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OTTAWA (Reuters) - Canada's current account deficit swelled in the third quarter to a record high of C$13.12 billion ($12.44 billion) as imports grew faster than exports, pointing to a weaker economic recovery than had been expected.
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ca.news.yahoo.com/s/reuters/091127/business/cbusiness_u...
ca.news.yahoo.com/s/reuters/091127/business/cbusiness_us_economy_current
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Q1: Causes of Canada's Current Account Deficit; ... In the period from 1896 to 1914 there is a clear positive empirical relationship between Canada's real exchange rate and her current account deficit. During the period after World War II, no such relationship is evident.
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www.economics.utoronto.ca/floyd/bpx.html
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