Foreigners Bought C$3.11 Billion of Canada Securities in AugustGreg Quinn
Foreigners bought C$3.11 billion ($2.41 billion) of Canadian securities in August led by federal government debt, the country’s statistics agency said.
The total included a net C$5.60 billion of bonds and a divestment of stocks worth C$2.74 billion, Statistics Canada said Friday in Ottawa. Non-resident investors also bought another C$249 million of Canadian money-market paper.
Year-to-date purchases of C$51.4 billion compare with C$55.3 billion in the same period of 2014.
Canadians bought C$8.74 billion of foreign securities in August, led by stocks.