Canada: Foreign investment in Canadian securities reached $12.7 billion in July

"Foreign investment in Canadian securities reached $12.7 billion in July, mainly from acquisitions of federal government bonds," Statistics Canada reported on Monday.

Key quotes

• At the same time, Canadian investment in foreign securities totalled $13.1 billion, led by record purchases of foreign bonds.
  • Acquisitions of non-US foreign bonds and US Treasury bonds were the main contributors. 
• The level of investment in 2018 has already surpassed the record investment for one year set in 2006 ($43.8 billion).