Thursday, August 28th16.3°C
22663
22519

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

22852


Recent Trending




Today's Market
S&P TSX15555.40-47.25
S&P CDNX1020.981.64
DJIA17070.13-51.88
Nasdaq4558.54-11.082
S&P 5001996.20-3.92
CDN Dollar0.9206+0.0003
Gold1281.70-2.1001
Oil93.88-0.01
Lumber350.00+2.50
Natural Gas3.965+0.054

 
Okanagan Companies
Pacific Safety0.195-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.18-0.01
Cantex0.08+0.01
Anavex Life Sciences0.240.00
Metalex Ventures0.075-0.005
Russel Metals36.26-0.34
Copper Mountain Mining2.94-0.02
Colorado Resources0.17-0.01
ReliaBrand Inc0.115+0.02
Sunrise Resources Ltd0.0250.00
Mission Ready Services0.25+0.01

 



22439

FEATURED Property
2039580 415 St Annes Road, Vernon
10086852 bedrooms
$438,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


How much mortgage should you carry?

There are several things to consider when deciding how much home to buy. 1. Draw up a budget including the new mortgage payments. While the rules used by most lenders require that the mortgage paym...


What is a journey without a destination?

Photo: ContributedI would call it a joy ride... You see a planned project or business has a destination. It may be an ongoing revenue stream, it may be a business value or an exit strategy. If you don...


Joint accounts: what you need to know!

Establishing a joint account may seem like a great strategy at first glance. However, there are many factors that must be considered before taking this action. This article will explore the use of &ls...

_








Member of BC Press Council


22707