shockedcanadian
Diamond Member
- Aug 6, 2012
- 43,909
- 42,953
- 3,605
The police state has destroyed so many, forced our best talent out of the country.
What is a future without innovation, values and adherence to the Charter you promote? We are a flop house that no investor sees value in, not even Canadians.
This is a sad result and it will be very difficult to reverse, especially as Trump is standing pat on tariffs not rushing a deal.
www.bnnbloomberg.ca
New data suggests that Canadian securities are falling out of favour with foreign investors, while Canadians are investing more of their money abroad.
On Thursday, Statistics Canada released tracking data on Canada’s international securities transactions in May, which found there was “strong foreign divestment in Canadian shares” during the month.
“Foreign investors reduced their holdings of Canadian securities by $2.8 billion in May, a fourth consecutive monthly divestment,” the agency said in a release.
“In May, non-resident investors reduced their exposure to Canadian shares by $11.4 billion. On a sector basis, the divestment in May was widespread, led by shares from the energy and mining, management of companies and enterprises, as well as manufacturing sectors.”
Foreign investors did, however, increase their holdings of Canadian government bonds, acquiring $13.1 billion compared to a $25.1 billion divestment in April.
What is a future without innovation, values and adherence to the Charter you promote? We are a flop house that no investor sees value in, not even Canadians.
This is a sad result and it will be very difficult to reverse, especially as Trump is standing pat on tariffs not rushing a deal.
Foreign investors are divesting from Canadian securities, StatCan says
New data suggests that Canadian securities are falling out of favour with foreign investors, while Canadians are investing more of their money abroad.
www.bnnbloomberg.ca
New data suggests that Canadian securities are falling out of favour with foreign investors, while Canadians are investing more of their money abroad.
On Thursday, Statistics Canada released tracking data on Canada’s international securities transactions in May, which found there was “strong foreign divestment in Canadian shares” during the month.
“Foreign investors reduced their holdings of Canadian securities by $2.8 billion in May, a fourth consecutive monthly divestment,” the agency said in a release.
“In May, non-resident investors reduced their exposure to Canadian shares by $11.4 billion. On a sector basis, the divestment in May was widespread, led by shares from the energy and mining, management of companies and enterprises, as well as manufacturing sectors.”
Foreign investors did, however, increase their holdings of Canadian government bonds, acquiring $13.1 billion compared to a $25.1 billion divestment in April.
