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Foreign investors increased their exposure to Canadian securities by $14.37 billion in December, mainly in debt securities. Meanwhile, Canadian investors acquired $3.77 billion of foreign securities, down from a $17.65 billion investment in November.
As a result, international transactions in securities generated a net inflow of funds of $10.6 billion in the Canadian economy in December. For the whole year of 2024, cross-border portfolio investment resulted in a net inflow of funds in the Canadian economy of $81.1 billion.
This article was written by Greg Michalowski at www.forexlive.com.
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