Canadian Foreign Stock Investment Increases for 8th Month 📈
Foreign investors increased their exposure to Canadian securities by a net C$21.55 billion in October 2024, driven by acquisitions of Canadian debt and equity securities, while Canadians reduced their holdings of foreign securities, particularly US equities.
The article indicates that foreign investors increased their exposure to Canadian securities, particularly in the form of debt and equity investments. This is generally positive for the investment portfolio, as it suggests increased demand for Canadian assets. The decline in Canadian holdings of foreign securities, particularly US equities, could also have a moderate positive impact on the portfolio, as it reduces exposure to foreign markets. However, the impact is not considered significant as the portfolio is diversified across various geographies and asset classes.