This was the first surplus since the third quarter of 2008
Trade in goods and services balance recorded a $2.1 billion surplus in the first quarter, the first positive balance since 2008
The investment income surplus declined by $4.9 billion to $1.0 billion in the first quarter
Direct investment in Canada amounted to $19.6 billion in the first quarter, the highest level since the second quarter of 2019
Direct investment in Canada was mainly in energy and mining, as well as in manufacturing, in the first quarter
Canadian investors acquired $37.4 billion of foreign securities in the
first quarter, following a significant investment of $42.5 billion in
the previous quarter
foreign investment in Canadian securities slowed to $12.7 billion in the
first quarter, compared with a $21.9 billion investment in the previous
quarter.