Saturday, December 20th0.7°C
24563

Foreign investment in Cdn securities dropped in December: StatsCan

OTTAWA - Statistics Canada says foreign investors cut their holdings of Canadian securities by $4.3 billion in December, mainly bonds denominated in Canadian dollars.

The agency says Canadian investors acquired $3.7 billion of foreign securities, led by U.S.-dollar-denominated bonds.

Foreign holdings of Canadian debt securities fell by $6.6 billion in December, the largest decline in six months.

This activity reflected a divestment in Canadian bonds, partially offset by an investment in Canadian money market instruments.

Non-residents' holdings of Canadian bonds were down by $10.9 billion in December, with the reductions focused on federal government bonds with short-term maturities and federal government business enterprise bonds.

This activity was moderated by foreign investment of $4.3 billion in the Canadian money market as non-residents acquired U.S. dollar provincial government and private corporate paper

The Canadian Press


Read more Business News

24387


Recent Trending




Today's Market
S&P TSX14468.26+121.51
S&P CDNX676.54+11.04
DJIA17804.8026.65
Nasdaq4765.38+16.983
S&P 5002070.65+9.42
CDN Dollar0.8618+0.0001
Gold1197.20+2.50
Oil56.50+2.39
Lumber336.20-0.70
Natural Gas3.446-0.196

 
Okanagan Companies
Pacific Safety0.12-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.25-0.03
Cantex0.03-0.005
Anavex Life Sciences0.1726+0.0026
Metalex Ventures0.05-0.005
Russel Metals25.58-0.42
Copper Mountain Mining1.55-0.02
Colorado Resources0.120.00
ReliaBrand Inc0.011-0.0089
Sunrise Resources Ltd0.05-0.005
Mission Ready Services0.215-0.01

 
24130


24304

FEATURED Property
21464681260 Ash St
2 bedrooms 1 baths
$245,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


My final thoughts on real estate

This will be the last column I write on real estate. Largely because at the end of the year I will be handing in my license. After 20+ years of working in land development, resort development and rea...


Reflecting on the end of the year

The importance of the end of the year and the Christmas holidays is profound. It is a time to reconnect with family and traditions that have made us who we are. But the year-end has always been a time...


Parenthood: Estates, insurance & taxes

It is now even more important to ensure your loved ones are well looked if anything should happen to you. Here are a few topics to consider helping you prepare for some of the unexpected events that c...

_








Member of BC Press Council


24604