“Foreign investment in Canadian securities reached $12.7 billion in July, mainly from acquisitions of federal government bonds,” Statistics Canada reported on Monday.
Key quotes
- At the same time, Canadian investment in foreign securities totalled $13.1 billion, led by record purchases of foreign bonds.
- Acquisitions of non-US foreign bonds and US Treasury bonds were the main contributors.
- The level of investment in 2018 has already surpassed the record investment for one year set in 2006 ($43.8 billion).
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