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The Daily Wednesday, August 30, 2017

Press Release

Canada’s balance of international payments, second quarter 2017

Canada’s current account deficit (on a seasonally adjusted basis) widened by $3.4 billion in the second quarter to $16.3 billion, as the deficit on international trade in goods expanded. In the financial account (unadjusted for seasonal variation), foreign investment in Canadian bonds was the largest contributor to the net inflow of funds in the economy.

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Payroll employment, earnings and hours, June 2017

Average weekly earnings of non-farm payroll employees were $974 in June, little changed from the previous month, and up 1.8% compared with 12 months earlier.

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Air fares, 2016

Base air fares in Canada, domestic and international combined, averaged $227.90 in 2016, down 5.4% from 2015. Base air fares do not include taxes and user fees. This marked the third consecutive annual decline following a year-over-year increase in 2013 (+0.2%).

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Railway carloadings, June 2017

The volume of rail freight carried in Canada totalled 30.9 million tonnes in June, up 11.7% from the same month last year.

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