The outflow was largely the result of M&A activity in Canada
Debt and income grew at similar rates
The country's net foreign asset position rose by $86.7 billion
Debt issued by Canadian entities increased by $41.2 billion
StatsCan reports the decline was spurred by stock market weakness
Unemployment rate hit record low at 5.4%
Economists were expecting a deficit of $2.8 billion
Despite the quarterly decline, assets rose on a year-over-year basis
Exports had their first quarterly decrease since 2017
For the first time in more than 40 years, life expectancy at birth did not rise in 2017