Foreign investors jump back into Canadian securities

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OTTAWA— The Canadian Press
Published Friday, Sep. 16, 2011 8:51AM EDT
Last updated Friday, Sep. 16, 2011 8:58AM EDT

Non-resident investors resumed significant acquisitions of Canadian securities in July, adding $11.8-billion to their holdings, mainly in federal treasury bills.

Statistics Canada reports Canadian holdings of foreign securities edged up $1.3-billion, led by further acquisitions of foreign corporate shares.

Non-residents acquired $7.3-billion of Canadian money market instruments in July, led by federal treasury bills.

Foreign investors resumed acquisition of Canadian bonds in July, adding $2-billion to their portfolios following large government bond retirements in June.

Non-resident investors added a further $2.5-billion of Canadian corporate shares to their holdings in July.

Canadian investors continued to acquire $2.8-billion in foreign equities in July, primarily in U.S. corporate shares.