Statistics Canada: Foreign investment up by $6.1 billion
Statistics Canada 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. ■