Friday, July 25th19.8°C
21452
22412

Cdns bought $7.9B in foreign securities in March, Statistics Canada

OTTAWA - Statistics Canada says Canadian investors acquired $7.9 billion in foreign securities in March, the largest such outflow of funds since November 2012.

The agency says foreigners, meanwhile, reduced their holdings of Canadian securities by $1.2 billion, the first monthly divestment this year.

It says the moves led to a net outflow of $9.1 billion from the Canadian economy in March on portfolio transactions and $10.4 billion for the first quarter of 2014.

Canadian investment abroad was led by investments in foreign equity markets, while foreign investors continued to reduce their exposure to Canadian debt instruments.

Canadian investment in foreign shares totalled $6.4 billion in March, the highest recorded since April 2007.

These investments mainly targeted non-U.S. equities.

The Canadian Press


Read more Business News

22447


Recent Trending




Today's Market
S&P TSX15455.04+60.59
S&P CDNX1017.445.79
DJIA16960.57-123.23
Nasdaq4449.564-22.543
S&P 5001978.34-9.64
CDN Dollar0.9247+0.0002
Gold1294.80+4.2001
Oil104.30-0.29
Lumber326.00+0.20
Natural Gas3.783-0.064

 
Okanagan Companies
Pacific Safety0.185-0.015
Knighthawk0.01-0.005
QHR Technologies Inc1.15-0.02
Cantex0.07-0.01
Anavex Life Sciences0.275-0.005
Metalex Ventures0.08+0.01
Russel Metals35.36-0.21
Copper Mountain Mining2.820.00
Colorado Resources0.21+0.005
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.05+0.025
Mission Ready Services0.19+0.01

 



22315

FEATURED Property
18537786220 Postill Lake Rd
4 bedrooms 3 baths
$1,099,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Geopolitical tensions rattle markets

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...


Labour shortage in BC

The mainstream media are finally waking up to something unusual in British Columbia – a labour shortage. If the experience of Alberta is a guide to our own future, the highly skilled labour will...


Learn to delegate effectively

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...

_








Member of BC Press Council


22097