Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Canada
CANB6FATT01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-8,496,762,000.00
Year-over-Year Change
-544.77%
Date Range
1/1/1981 - 4/1/2024
Summary
The Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Canada tracks the net flow of financial assets and liabilities between Canada and the rest of the world. This metric is crucial for understanding Canada's international financial position and integration with global markets.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Financial Account measures the net change in Canada's foreign financial assets and liabilities, including investments, loans, and currency flows. It provides insight into how Canada's domestic economy is financed and its international borrowing and lending activities.
Methodology
The data is collected and calculated by Statistics Canada through surveys and administrative records.
Historical Context
Policymakers and analysts use this metric to assess Canada's external financial stability and competitiveness.
Key Facts
- Canada's Financial Account has recorded net outflows since 2015.
- The Financial Account is a key component of Canada's overall Balance of Payments.
- Positive net Financial Account balances indicate Canada is a net lender to the world.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Canada tracks the net flow of financial assets and liabilities between Canada and the rest of the world.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into how Canada's domestic economy is financed and its international borrowing and lending activities, which is crucial for understanding Canada's financial position and integration with global markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Canada through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Canada's external financial stability and competitiveness.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Canada (CANB6FATT01CXCUQ), retrieved from FRED.