Canada: Foreign investment in Canadian securities amounted to $29.5 billion in May
|"Foreign investment in Canadian securities amounted to $29.5 billion in May, mainly purchases of government debt instruments," the Statistics Canada announced on Monday.
Key highlights:
- Canadian investors increased their holdings of foreign securities by $4.4 billion, led by investments in US debt instruments
- As a result, international transactions in securities generated a net inflow of funds of $25.1 billion in the Canadian economy, a second consecutive large monthly net inflow of funds
- Since the beginning of the year, foreign acquisitions of Canadian securities have totaled $100.6 billion, compared with $82.0 billion for the same period in 2016
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