International transactions in securities sees net outflow

International transactions in securities sees net outflow

International transactions in securities sees net outflow Figures released today by StatsCan show that foreign investors reduced their holdings of Canadian securities by $13.5 billion in December, led by sizable divestments in bonds and equities. Meanwhile, Canadian investors acquired $13.9 billion of foreign securities with the bulk of the activity in US instruments. As a result, Canada's international transactions in securities posted a net outflow of funds from the economy of $27.4 billion in December. For the fourth quarter of 2014, the net outflow on portfolio investment was $15.7 billion, reflecting the moderating effect of investment activity in October and November.