Canada net foreign debt falls to lowest since first quarter 2007

Thu Dec 12, 2013 8:41am EST
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OTTAWA (Reuters) - Canada's net foreign debt fell by C$41.1 billion ($38.8 billion) to C$66.2 billion by the end of the third quarter from the second quarter, Statistics Canada said on Thursday.

It was the lowest net foreign debt level since the C$24.3 billion registered in the first quarter of 2007, the federal agency said.

($1=$1.06 Canadian)

(Reporting by Randall Palmer; Editing by Alex Paterson)