Canadian investors reduced their holdings of foreign securities by $14.4 billion in January, following a large $21.3 billion investment in December. At the same time, foreign investors acquired $13.5 billion of Canadian securities, mainly in the form of bonds.
As a result, international transactions in securities generated a net inflow of funds of $27.9 billion in the Canadian economy in January, the largest monthly inflow since April 2020.
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