Canadian investors increased their exposure to foreign securities by $16.4 billion in June, mainly in US shares. Meanwhile, foreign acquisitions of Canadian securities slowed to $5.2 billion in June, down from significant investments in the previous two months.
As a result, international transactions in securities generated a net outflow of funds of $11.2 billion from the Canadian economy in June, following two monthly inflows in April and May totalling $57.8 billion.
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