(Reuters) - OTTAWA, May 30 - High prices for energy exports
helped boost Canada's current account surplus in the first
quarter to its highest level in a year, another sign that the
economy is expanding faster than expected.
The current account surplus -- which encompasses trade in
goods and services as well as transfers and investment income
-- bulged to C$6.49 billion in the first
quarter from C$4.62 billion in the fourth quarter, according to
revised figures released by Statistics Canada on Wednesday.
Read more at Reuters.com Economic News
helped boost Canada's current account surplus in the first
quarter to its highest level in a year, another sign that the
economy is expanding faster than expected.
The current account surplus -- which encompasses trade in
goods and services as well as transfers and investment income
-- bulged to C$6.49 billion in the first
quarter from C$4.62 billion in the fourth quarter, according to
revised figures released by Statistics Canada on Wednesday.
Read more at Reuters.com Economic News
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