Canada's Net Foreign Debt Increased in Second Quarter on Stocks

Canada’s net international debt increased in the second quarter as stock prices declined, government figures show.

The shortfall widened by C$23.4 billion ($23.8 billion) to C$241.6 billion in the second quarter, Statistics Canada said in Ottawa today.

To contact the reporter on this story: Greg Quinn in Ottawa at gquinn1@bloomberg.net

To contact the editors responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net; David Scanlan at dscanlan@bloomberg.net.

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