Canada's International Investment Position: Recent Trends and Implications for Aggregate Measures of Income and Wealth
AbstractThis paper highlights the large progressive decline in Canada's net financial liabilities to non-residents that has occurred over the last fifteen years. It reports tabulations on changes in Canada's international investment position and the associated cross-border income flows, and evaluates the extent to which these investment income flows have affected the size of Canada's gross national income relative to its gross domestic income. The paper also examines the extent to which changes in Canada's net international investment position have increased the national net worth of Canadians relative to the country's stock of national wealth.
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Bibliographic InfoPaper provided by Statistics Canada, Analytical Studies Branch in its series Economic Analysis (EA) Research Paper Series with number 2012077e.
Date of creation: 29 Feb 2012
Date of revision:
Balance of international payments; Economic accounts;
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