Canada's International Investment Position: Recent Trends and Implications for Aggregate Measures of Income and Wealth

Gellatly, Guy Macdonald, Ryan

Economic Analysis (EA) Research Paper Series from Statistics Canada, Analytical Studies Branch

Abstract: This 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.

Keywords: Economic accounts; Balance of international payments (search for similar items in EconPapers)
Date: 2012-02-28
New Economics Papers: this item is included in nep-bec
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Persistent link: https://EconPapers.repec.org/RePEc:stc:stcp5e:2012077e

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