Tuesday, June 30th32.3°C
26264
24949

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




Recent Trending




Today's Market
S&P TSX14553.33+63.18
S&P CDNX671.49+4.40
DJIA17619.51+23.16
Nasdaq4986.87+28.40
S&P 5002063.11+5.47
CDN Dollar0.8004-0.0003
Gold1171.10-7.40
Oil59.57-0.53
Lumber288.40-3.80
Natural Gas2.83-0.00

 
Okanagan Companies
Pacific Safety0.16-0.01
Knighthawk0.010.00
QHR Technologies Inc1.52-0.01
Cantex0.04-0.01
Anavex Life Sciences0.45+0.03
Metalex Ventures0.075+0.010
Russel Metals22.73+0.05
Copper Mountain Mining1.16-0.01
Colorado Resources0.08-0.02
ReliaBrand Inc0.006-0.000
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.185+0.015
Decisive Dividend Corporation2.50+0.42

 



26764

FEATURED Property
2313476740 Lawson Avenue
6 bedrooms 4 baths
$899,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


The price of money

Money is not a commodity. By definition, a commodity is a generic product that is bought and sold on price alone. Money, Canadian bills for example, look the same, smell somewhat the same, and are ava...


TFSA strategies

Photo: Thinkstock.comThe federal government has increased the annual contribution limit of Tax-Free Savings Accounts (TFSA) to $10,000. Going forward, the annual limit will no longer be indexed to inf...


Renovation dreaming

Photo: Thinkstock.comDreaming of a new fire pit? A deep soaker tub?With summer on its way, lots of families have renovations on their minds. Did you know that home buyers can apply for a Purchase Plus...

_



26532

26614


Member of BC Press Council


25772