The exhibits anaheim baseball current account reasons deficit reached C$9.06 billion ($8.24billion) in the quarter as the global recession pulled Canada'sgoods surplus to a 31-year low, Statistics Canada said. The deficit was the biggest since the federal statisticalagency began collecting data in 1946, but it was below theC$10.5 billion shortfall forecast by analysts in a Reuters polland therefore did nothing to slow a rally by the Canadiandollar. It was the second straight quarter of current accountdeficits after nearly a decade of surpluses. Statscan revised the fourth-quarter current account deficitto C$7.76 billion from C$7.49 billion. "This is categorically a weak report and highlights thedamage that the deteriorating trade environment has had on theCanadian accounts," said Charmaine Buskas, senior economicsstrategist at TD Securities.

"This is unlikely to change significantly in the near termand suggests that the days of the well-entrenched twin (currentaccount and budget) surpluses are in the rearview mirror," shesaid in a note anaheim baseball tickets . BUDGET SHORTFALL The Finance Department also reported on Friday apreliminary budget deficit of C$2.25 billion ($2.05 billion) in2008-09, twice the amount it had forecast earlier this year, asthe recession caused tax revenues to dwindle The deficit is subject to revisions in coming months . Itcomes after Finance Minister Jim Flaherty sparked a politicaluproar by raising his estimate of the current fiscal year'sdeficit to a historic high of over C$50 billion . The news means Canada loses its prized status from the pastdecade as the only Group of Seven industrialized nation with"twin surpluses" . The Canadian dollar, charging higher on rising commodityprices and a weak greenback -- hit its highest level in almosteight months at C$1.0950 to the U.S dollar, or 91.32 U.S.cents, on Friday morning The currency had closed at C$1.1148to the U.S dollar, or 89.70 U.S cents, on Thursday.

"In today's environment, it is unlikely that a continuedwidening in the current account deficit is going to take thebloom off the Canadian dollar rise, which has benefitedsignificantly from overall sentiment moving clear of the safetyand liquidity offered by the greenback and instead begunlooking at returns," said Stewart Hall, markets strategist atHSBC Canada baseball tickets . Exports tumbled in the first quarter, outpacing the declinein imports, so that the trade surplus for goods dwindled tojust C$845 million, a level not seen since 1978 The UnitedStates buys three-quarters of Canadian exports Automotive and energy shipments were the worst hit . Autoproduct exports sank to their lowest level in 16 years, whileenergy exports have been cut in half over the past twoquarters, Statscan said . The deficit in services was unchanged at C$6.12 billionwhile the deficit in investment income narrowed to C$3.32billion from C$5.13 billion as foreign companies repatriatedless in profits . Even though current account deficits may persist for awhile, the first quarter is seen as the weakest point, saidDerek Holt and Karen Cordes, economists at Scotia Capital. "This magnitude of an overall current account deficit won'tstick for long," they said in a note. (Reporting by Louise Egan; editing by Rob Wilson) Currencies Bonds Funds News ETFs News.

May 29 (Reuters) - Citigroup downgraded Burger KingHoldings Inc (BKC.N) a notch to "hold", saying the world's No.2 hamburger chain is seeing sales at its US eateries dwindle edison field anaheim . Stocks Analyst Gregory Badishkanian said recent checks suggestthat same store sales, or sales at stores open for at least ayear, have moderated to the negative mid-single digits inlate-April/May . This was despite management saying that same-store saleswere trending up slightly in April, Badishkanian said . "We would therefore expect some near-term stock weakness ifour checks prove correct," the analyst said . The chain, which offers a variety of hamburgers, chickensandwiches, salads and breakfast items, is seeing negativetrends in its breakfast business, while sales are also taking ahit from intense pressure from competitors, he said. Badishkanian said that with investors expecting flat toslightly negative comparable numbers, and the stock's historyof short trading, the company was more prone to near-termweakness. "Longer term, however, we believe the company is wellpositioned...