Canada Q2 current account -8.48 billion vs -5.85 billion ...Middle East

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Canada Q2 current account -8.48 billion vs -5.85 billion
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Prior was -5.37 billionGoods deficit increased to C$2.2 billion from near balance in Q1Services deficit narrowed to C$3.2 billion from C$4.3 billionInvestment income balance swung to C$0.6 billion deficit from C$1.3 billion surplusKey Points:Imports rose 2.0% to C$196.1 billion, led by motor vehicles and partsExports edged up 0.9% to C$139.9 billion on higher aircraft shipmentsForeign investment in Canadian securities surged to C$67.3 billion, highest since Q1 2022Foreign direct investment in Canada hit C$38.5 billion, strongest since 2007While services exports improved, the goods balance deteriorated significantly. The swing to an investment income deficit is also concerning. However, stron

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