Canada: Foreign investment in Canadian securities slowed to $2.2 billion in May
|"Foreign investment in Canadian securities slowed to $2.2 billion in May, down from $9.1 billion in April," Statistics Canada reported on Monday.
Key quotes from the official press release
- Meanwhile, Canadian investors resumed their investment in foreign securities by adding $5.7 billion worth to their holdings, mainly in foreign bonds.
- The investment pattern in May, both inward and outward, reflected acquisitions of bonds and reductions in holdings of equities.
- Overall, Canada's international transactions in securities generated a net inflow of funds of $4.6 billion in the Canadian economy in the first five months of 2018, compared with a net inflow of $72.8 billion for the same period in 2017.
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