“Foreign investors acquired $9.5 billion of Canadian securities in November, mainly bonds,” Statistics Canada announced on Friday.
Key takeaways from the press release
- Canadian investors reduced their holdings of foreign securities by $4.1 billion as they sold US shares.
- The divestment in foreign securities was the largest in a year and followed two strong months of acquisitions.
- As a result, international transactions in securities generated a net inflow of funds of $13.5 billion in the Canadian economy in November, the largest inflow since November 2017.
Share
