-
Canada's international transactions in securities, August 2023
Canadian investors acquired $14.9 billion of foreign securities in August, the largest investment since April 2022. Meanwhile, non-resident investors reduced their exposure to Canadian securities by $8.5 billion, the first divestment since March 2023. As a result, international transactions in securities generated a net outflow of funds of $23.4 billion from the Canadian economy in August. Canadian investors acquired $14.9 billion of foreign securities in August 2023, led by purchases of foreign shares and, to a lesser extent, US bonds. The investment in foreign shares totalled $10.6 billion, the largest investment ... (full story)