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Canada's international transactions in securities, December 2020
Canadian investors acquired an unprecedented $26.9 billion of foreign securities in December, largely purchases of US shares. Meanwhile, non-residents added $5.1 billion of Canadian securities to their holdings, the lowest investment in three months. As a result, international transactions in securities generated a net outflow of funds of $21.9 billion from the Canadian economy in December. Nonetheless, for the whole year, cross-border portfolio investment generated a net inflow of funds in the economy of $87.1 billion in 2020. Canadian investment in foreign securities amounted to an unprecedented $26.9 billion in ... (full story)