Dec 17, 2018
Canada: Foreign investment in Canadian securities dropped $4.0 billion in October
"Foreign investment in Canadian securities totalled $4.0 billion in October, down from $7.8 billion in September," Statistics Canada reported on Monday.
Key takeaways from the press release
- Canadian investment in foreign securities increased to $14.9 billion, the largest investment since January 2018.
- As a result, international transactions in securities generated a net outflow of funds of $11.0 billion from the Canadian economy in October.