Foreign Investors Starting Fourth Dimension Reducing Their Exposure To Canadian Debt Securities

Statistics Canada issued its International Transactions inward Securities study yesterday, which showed that unusual investors bring begun reducing their holdings of Canadian securities past times $2.0 billion inward Dec of concluding year.

According to the report, unusual investors dumped Canadian debt securities precisely equally good made additions to their Canadian equities portfolios.

Key points from the report:

-Foreign investors poured inward $188.5 billion into Canadian securities inward 2017, led past times potent acquisitions of Canadian bonds.

-Foreign investors reduced their holdings of Canadian bonds past times $4.0 billion inward Dec of 2017.

-The divestment activity was focused mainly inward provincial authorities bonds.

-Foreign investment inward Canadian coin markets came to $401 meg inward December.

-In December, Canadian short-term involvement rates were upward past times 17 footing points too the Canadian dollar appreciated against the USD past times 2.1 USA cents.

-The Canadian equity marketplace received unusual inflows of $1.7 billion inward December.

And land unusual investors were reducing their exposure to Canadian bonds, Canadian investors were acquiring unusual securities past times to the melody of $22.0 billion inward December. Canadian investors inward Dec purchased unusual equities totaling a tape $19.8 billion - $11.4 billion went into the USA marketplace land $8.4 billion to other unusual markets.

"In 2017, Canadian investment inward unusual securities reached $84.7 billion compared amongst $13.8 billion inward 2016.," said Stats Canada.



Image credit Nicolas Raymond