Breaking News

Canada Current Account

Latest Release

Aug 29, 2024

Actual

-8.5B

Forecast

-6.0B

-5.4B

The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the CAD.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

Importance:

Country:

Currency: CAD

Source: Statistics Canada

Release Date	Time	Actual	Forecast	Previous
Aug 29, 2024 (Q2)	07:30	-8.5B	-6.0B	-5.4B
May 30, 2024 (Q1)	07:30	-5.4B	-5.5B	-4.5B
Feb 28, 2024 (Q4)	08:30	-1.6B	-1.9B	-4.7B
Nov 29, 2023 (Q3)	08:30	-3.2B	1.0B	-7.3B
Aug 31, 2023 (Q2)	07:30	-6.6B	-11.2B	-3.2B
May 30, 2023 (Q1)	07:30	-6.2B	-10.9B	-8.1B

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Current Account Discussion

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