The stock of Canadian direct investment abroad rose by 4.5% to reach $1,555.6 billion at the end of 2021, on the strength of cross-border mergers and acquisitions activity. Meanwhile, the stock of foreign direct investment in Canada increased by 7.8% to reach $1,082.5 billion, more than offsetting the 4.3% decline observed in 2020. As a result, Canada's net direct investment position with the rest of the world narrowed by $10.7 billion to $473.1 billion in 2021.
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