Canada: Foreign investment in Canadian securities totalled $16.8 billion in September

"Foreign investment in Canadian securities totalled $16.8 billion in September, up from $9.8 billion in August," the Statistics Canada reported today.

Key highlights

At the same time, Canadian investment in foreign securities slowed to $2.4 billion in September, after reaching $12.1 billion in August.

As a result, international transactions in securities generated a net inflow of funds of $14.4 billion in the Canadian economy in September, for a total of $39.6 billion in the third quarter.

This activity was led by strong acquisitions of Canadian bonds.