Foreigners buy C$8.51 billion of Canadian securities in June

Mon Aug 17, 2015 8:39am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

(Reuters) - Foreign investors purchased C$8.51 billion ($6.47 billion) in Canadian securities in June following a net sale of C$5.46 billion in May, as foreign investment in the Canadian money market reached a record C$12.04 billion, Statistics Canada said on Monday.

Canadian investors bought C$8.57 billion worth of foreign securities in June following the purchase of C$5.73 billion in May. Over the second quarter, Canadians invested more funds abroad than foreign investors placed in Canada, generating a net outflow of C$4.4 billion from the Canadian economy, the statistics agency said.

((Reporting by Simon Doyle; Editing by Leah Schnurr))