“Foreign investment in Canadian securities slowed to $2.8 billion in August, the lowest monthly investment since the beginning of the year,” Statistics Canada reported on Tuesday.
Key quotes
- At the same time, Canadian investors reduced their holdings of foreign securities by $194 million as they acquired bonds but sold equities.
- As a result, Canada’s international transactions in securities generated a net inflow of funds in the economy of $3.0 billion in August.
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