By Commodity News Service Canada
WINNIPEG, November 29 – The following is a glance at the news moving markets globally.
– Canada’s current account deficit (on a seasonally adjusted basis) narrowed C$0.7 billion in the third quarter to C$18.3 billion, following three straight quarterly increases, Statistics Canada said in a report on Tuesday.
In the financial account (unadjusted for seasonal variation), strong foreign investment in Canadian corporate bonds led the inflow of funds in the quarter
– Realized net farm income totalled C$8.3 billion in 2015, its fifth increase in six years. The 10.7 per cent increase in 2015 followed a 19.3 per cent advance in 2014, Statistics Canada said in a report on Tuesday.
Realized net income is the difference between a farmer’s cash receipts and operating expenses, minus depreciation, plus income in kind.