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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.
Oct 16 (Reuters) — Foreign investors sold a net C$17.31 billion ($12.23 billion) in Canadian securities in August, led by a record divestment in federal government bonds, following a downwardly revised C$20.64 billion total purchase in July, Statistics Canada said on Friday. Canadian investors bought a net C$23.90 bill