Canadian investors are outpacing their foreign counterparts when it comes to the acquisition of securities, according to data released Monday (August 17) from Statistics Canada.
Foreigners bought up $8.5 billion in Canadian securities in June.
Canadian investors, meanwhile, added $8.6 billion in foreign securities to their holdings that month.
“On a quarterly basis, Canadian investment in foreign securities amounted to $24.2 billion in the second quarter, the highest such investment in eight years,” Statistics Canada said.
