Current account deficit likely to touch USD 105 bln this fiscal: Report

"Although we continue to see Brent at USD 105 a barrel in 2022, higher non-oil, non-gold imports and lower exports are now likely to push CAD to 3 per cent at USD 105 billion, up from 2.6 per cent of GDP or USD 90 billion projected earlier," BofA Securities analysts said in the report.