Canada's International Investment Position, third quarter 2022
Canada's net foreign asset position, the difference between Canada's international financial assets and international liabilities, was down by $44.9 billion to $571.5 billion at the end of the third quarter, its lowest level since the first quarter of 2020. This marked the third consecutive quarterly decline, as global equity markets continued a downward trend. In comparison, Canada's net foreign asset position stood at $1,307.4 billion at the end of 2021.
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