Figures released today by StatsCan show that foreign investors reduced their holdings of Canadian securities by $13.5 billion in December, led by sizable divestments in bonds and equities.
Figures released today by StatsCan show that foreign investors reduced their holdings of Canadian securities by $13.5 billion in December, led by sizable divestments in bonds and equities. Meanwhile, Canadian investors acquired $13.9 billion of foreign securities with the bulk of the activity in US instruments. As a result, Canada's international transactions in securities posted a net outflow of funds from the economy of $27.4 billion in December. For the fourth quarter of 2014, the net outflow on portfolio investment was $15.7 billion, reflecting the moderating effect of investment activity in October and November.
