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Foreigners continue to buy Canada
Foreign investors continue to flock to Canadian securities, snapping up bonds for the 14th month in a row in February.
Non-residents added another $6.7-billion to their holdings of Canadian securities in the month, all of which were bonds as they sold stocks and money-market paper, Statistics Canada said Monday.
Foreign investors have added Canadian bonds to their portfolios for 14 straight months, with acquisitions totalling $100.7-billion since January of last year, the agency said. Foreign holdings of federal government bonds nearly doubled during the period.
Read the full article here.
Foreign investors continue to flock to Canadian securities, snapping up bonds for the 14th month in a row in February.
Non-residents added another $6.7-billion to their holdings of Canadian securities in the month, all of which were bonds as they sold stocks and money-market paper, Statistics Canada said Monday.
Foreign investors have added Canadian bonds to their portfolios for 14 straight months, with acquisitions totalling $100.7-billion since January of last year, the agency said. Foreign holdings of federal government bonds nearly doubled during the period.
Read the full article here.