Canada Foreign Stock Investment

Foreign investors bought CAD 11.3 billion of Canadian securities in October 2019, after an upwardly revised CAD 5.0 billion investment in the previous month. It was the third straight investment and the biggest since February, as investors bought debt securities, led by provincial government instruments, while reduced their holdings of Canadian equities. Foreign investors added CAD 11.8 billion of Canadian bonds to their portfolio, with private corporate bonds (CAD 5.8 billion) and provincial government bonds (CAD 3.6 billion) accounting for most of the activity, mainly due to new bonds issued on international markets. Acquisitions of Canadian money market instruments amounted to CAD 1.7 billion, as provincial government instruments acquisitions (CAD 3.5 billion) were moderated by a divestment in private corporate paper. Meanwhile, Canadian investors bought CAD 2 billion of foreign securities, following two months of divestment.

Foreign investors bought CAD 4.8 billion of Canadian securities in September of 2019, following a downwardly revised CAD 4.6 billion investment in the previous month. Foreign investment in private corporate bonds totalled CAD 10.4 billion, the highest investment in over a year, while non-resident investors reduced their holdings of both federal and provincial government bonds by a total of CAD 2.8 billion. Foreign investment in Canadian equities amounted to CAD 1.1 billion. Meanwhile, Canadian investors sold CAD 2.4 billion of foreign securities, following a downwardly revised CAD 4.6 billion divestment in August.

Foreign investors bought CAD 5.0 billion of Canadian securities in August of 2019, following an upwardly revised CAD 1.9 billion divestment in the previous month. Foreign investment in government bonds totalled CAD 2.1 billion while foreign investors reduced their holdings of corporate bonds in August, the first divestment since January. At the same time, foreign investors bought CAD 4.2 billion of Canadian money market instruments while reduced their exposure to Canadian equities by CAD 1.0 billion. Meanwhile, Canadian investors sold CAD 4.7 billion of foreign securities, the largest divestment since January.

Foreign investors sold CAD 1.17 billion of Canadian securities in July 2019, after selling an upwardly revised CAD 4.06 billion in the previous month. It was the fourth straight divestment in five months, as investors reduced their exposure to Canadian money market instruments, but acquired Canadian bonds and shares. Foreign investors reduced their holdings of short-term paper by CAD 4.6 billion, following two consecutive months of strong investment. Meanwhile, the investment in Canadian equities amounted CAD 1.9 billion, it was the first investment in five months. Also, non-resident investors purchased CAD 1.5 billion in bonds, as strong foreign acquisitions of corporate bonds were partially offset by a divestment in government bonds. Meantime, Canadian investment in foreign securities accelerated to reach CAD 12.5 billion, the largest investment since October last year, following a CAD 6.6 billion in June.

Foreign investors sold CAD 4.0 billion of Canadian securities in June 2019, after buying an upwardly revised CAD 10.3 billion in the previous month. Foreign holdings of Canadian bonds were down CAD 5.1 billion, as non-residents reduced their holdings of government bonds. In contrast, non-residents slightly increased their holdings of corporate bonds. Meantime, foreign investors reduced their exposure to Canadian equities by CAD 1.1 billion in June, marking the fourth straight monthly divestment, mainly through sales on the secondary market. Meanwhile, Canadian investment in foreign securities increased to CAD 6.6 billion in June, the largest investment since October 2018, after buying CAD 4.1 billion in the previous month.

Foreign investors bought CAD 10.20 billion of Canadian securities in May of 2019, following an upwardly revised CAD 12.79 billion divestment in the previous month. Foreign investors added CAD 12.9 billion of Canadian bonds to their holdings in May. Investment in federal government bonds reached CAD 8.8 billion, particularly secondary market purchases of Canadian dollar-denominated instruments, marking the first monthly investment in these instruments in four months. Meanwhile, non-resident investors reduced their holdings of Canadian equities by CAD 4.6 billion, the third consecutive monthly divestment. Meantime, Canadian investors acquired CAD 4.1 billion worth of securities, following a CAD 0.19 billion divestment in April.