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Canada's Narrowing Current Account Deficit
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Canada's current account deficit decreased to C$3.2 billion in Q3 2023, with the goods balance returning to a surplus. The investment-income surplus diminished, and direct investment in Canada almost doubled.
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How might the narrowing of Canada's current account deficit impact its international trade and finance relationships?
What factors could have contributed to the shrinking investment-income surplus in Canada?
What implications does the slowing merger and acquisition activity have for the Canadian economy and its global competitiveness?
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