Canada Q3 current account returns to deficit at C$11.10 billion

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 Canada Q3 current account returns to deficit at C$11.10 billion
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Nov 28 (Reuters) - Canada's current account balance returned to a deficit position at C$11.10 billion ($8.28 billion) in the third quarter from a downwardly revised C$2.65 billion surplus in the second quarter, Statistics Canada said on Monday.

Seasonally adjusted figures in billions of Canadian dollars:

Q3 2022 Q2(Rev) Q2(Prev) Q3 2021

Current Account -11.101 +2.645 +2.692 -3.852

Goods +1.679 +10.379 +12.465 +1.453

Services -5.669 -4.473 -3.400 -1.953

Investment Income -4.167 -1.134 -4.583 -1.623

NOTE: Figures are seasonally adjusted.

($1=$1.34 Canadian)

(Reporting by Dale Smith)


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