Foreign investment up in February by $6.1 billion, Statistics Canada says
OTTAWA - Statistics Canada says foreign investment in Canadian securities grew by $6.1 billion in February and this was matched by Canadian purchases of $6 billion in foreign securities.
It says non-residents bought $2.2 billion in Canadian bonds, following two straight months of divestment.
Foreigners invested $2.3 billion in the Canadian money market, with purchases diversified across all sectors, except the federal government.
Foreign investors also put money into the Canadian stock market in February, buying $1.6 billion worth of equities.
Canadian acquisitions abroad targeted a broad range of foreign securities, led by bonds.
Canadians put $2.7 billion into foreign bonds, mainly in foreign currency-denominated instruments
Read more Business News
- A letter from the LCBPenticton / S. Okanagan
- City, CUPE break off talksKelowna
- Sh*t Parkers of KelownaKelowna
|QHR Technologies Inc||1.22||+0.02|
|Anavex Life Sciences||0.26||-0.0075|
|Copper Mountain Mining||2.83||-0.03|
|Sunrise Resources Ltd||0.03||-0.005|
|Mission Ready Services||0.15||-0.005|
Photo: Thinkstock.comWays to reduce your Debt:Make a budget and get budget counselingA basic first step for debt reduction is to prepare a budget and plan your spending. Once you have a budget, you mu...
The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...
Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...