The stock of Canadian direct investment abroad rose by $138.8 billion (+6.8%) to reach $2,171.3 billion at the end of 2023. Meanwhile, the stock of foreign direct investment in Canada increased by $52.4 billion (+4.0%) to $1,360.3 billion. As a result, Canada's net direct investment position with the rest of the world grew by $86.4 billion in 2023 to $811.0 billion.
Canada's net direct investment position has significantly expanded over the last decade. This rise has been fuelled by higher growth in the stock of Canadian direct investment abroad compared with the variation in the stock of foreign direct investment in Canada in all years during that period.
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