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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


International Trade in Services 2006

Tuesday, September 11, 2007 > 16:42:34

(Statistics Canada via I.E. Canada)

In 2006, the services trade deficit increased $3.0 billion to reach $15.2 billion, the largest deficit ever. Record deficits were registered for travel and transportation services.

In 2005, the most recent year with complete detailed information, services were largely in deficit with the United States, and, in a lesser measure with Europe and Asia.

Data on international trade in services for 2006 are now available.

Detailed data by country, geographical and economic areas for commercial services, travel, transportation and government services are now available up to 2005. Imports and exports of commercial services by affiliation and by industrial sector based on the North American Industrial Classification System have also been updated up to 2005.

Note: Trade in services covers transactions in travel, transportation, a range of business and professional services referred to as commercial services, and government services.

Available on CANSIM: tables 376-0031 to 376-0033, 376-0036 and 376-0062.

Definitions, data sources and methods: survey number 1536.

The 2006 issue of Canada's International Trade in Services (67-203-XWE, free) will be available in the fall.

For more information, or to enquire about the concepts, methods or data quality of this release, contact Denis Caron (613-951-1861; denis.caron@statcan.ca) or François Lavoie (613-951-5416; francois.lavoie@statcan.ca), Balance of Payments Division

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