Canadian investors acquired an unprecedented $35.6 billion of foreign securities in March, ending the first quarter with a record investment of $51.5 billion. Meanwhile, foreign investors increased their exposure to Canadian securities by $14.4 billion in March after divesting $4.3 billion in February.
As a result, international transactions in securities generated a net outflow of funds of $21.2 billion from the Canadian economy in March, for a total outflow of $27.9 billion in the first quarter.
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