Non-resident investors reduced their exposure to Canadian securities by $15.8 billion in October, led by an unprecedented divestment in private corporate debt instruments. Meanwhile, Canadian investors lowered their holdings of foreign securities by $8.2 billion, nearly all of which was in US shares. As a result, international transactions in securities generated a net outflow of funds of $7.6 billion from the Canadian economy in October. Foreign investors reduced their holdings of Canadian securities by $15.8 billion in October, the largest divestment since March. A record foreign divestment in Canadian private ... (full story)