Overseas traders bought just $4.5 billion in Canadian securities through the month, leaving the economic climate with a $6.7-billion net outflow.
Canadian traders extra about $6 billion in overseas shares in the month, marking the sixth straight thirty day period of overseas fairness additions.
The buying was concentrated in massive-cap U.S. tech stocks, StatsCan reported.
Canadian holdings of foreign bonds rose by $5.7 billion in September.
“Since the beginning of the 12 months, Canadian traders have amplified their holdings of U.S. corporate bonds by $17.6 billion, although cutting down their exposure to U.S. Treasury bonds by $22.3 billion,” StatsCan reported.
When Canadian investors loaded up on foreign equities, offshore buyers bought $3.9-billion truly worth of Canadian stocks in September, StatsCan reported — noting that this represented the premier expenditure due to the fact February 2019.
The boost came via each new issuances and secondary market buying, the company stated, with the energy and mining sectors top the way.
On the mounted-cash flow facet, international buyers included just beneath $1 billion in Canadian bonds in September, as $9.2-billion worth of company bond acquiring was largely offset by foreign traders marketing federal governing administration bonds.
More Stories
Brand Consistency Is a Must. Here’s What You Need to Know
Musk ‘wanted to punch’ Ye after rapper’s ‘incitement to violence’
OnBoard’s Road to 1,000 Reviews