-- Canadian investors acquired $25.4 billion of international securities in February, the largest investment since March 2024, said Statistics Canada on Friday.
Meanwhile, international investors purchased $6.2 billion of Canadian securities, following an "unprecedented" investment in January, the country's statistical agency added in a statement.
As a result, StatsCan noted, international transactions in securities generated a net outflow of funds of $19.2 billion in Canada' economy in February, following a net inflow of $35.4 billion in January.
Canadian purchases of international equity securities amounted to a record $32.9 billion in February, led by the highest monthly acquisition of United States shares, or $29.2 billion, in a year, said StatsCan. On the other hand, it added, Canadian investors reduced their holdings of international debt securities by $7.5 billion in February, led by a record $12.6 billion divestment of U.S. federal government bonds.
International investors acquired $6.2 billion of Canadian securities in February, significantly lower than the investment of $46.8 billion recorded in January. Acquisitions of Canadian bonds (+$22.6 billion) were moderated by divestments in both Canadian money market instruments (-$7.3 billion) and shares (-$9.2 billion).