Canada's net foreign asset position edged up by $11.6 billion to reach $1,865.3 billion at the end of the third quarter, following three consecutive quarters of substantial increases. Year over year, Canada's net foreign asset position grew by $628.2 billion, largely on the strength of the US stock market, which Canadian investors are heavily exposed to. Over the third quarter, Canada's international assets and liabilities grew significantly, driven by the rise in both equity and debt instruments prices.
Contact information
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).