Foreigners Sell C$17.3 Billion of Canadian Securities in August
Foreign investors reduced their Canadian securities holdings by C$17.3 billion in August, the first sell-down of the year. The headline attributes the decline to an unprecedented sale of federal government debt.
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Foreigners Sold C$17.3 Billion of Canadian Securities in August, Targeting Federal Government Debt
By Robb M. Stewart OTTAWA—Foreign investors cut their holdings of Canadian securities in August, marking the first sell-down of the year, following an unprecedented sale of federal government debt. Canadian investors, meanwhile, added foreign securities to their portfolios during the month after a sizeable divestment…