The outflow was largely the result of M&A activity in Canada
StatsCan reports the decline was spurred by stock market weakness
Oil prices, a lack of foreign investment and trade woes have contributed to declines
Investors sold off money market securities and Canadian equities, and added bonds
Foreign investors acquired $12.0 billion worth of Canadian securities in February
Foreign investors piled into Canadian securities, while Canadian investors shed foreign holdings
Expert recommends “clear, long-term framework for currency management”
Foreign buying of federal government enterprise bonds is down 60% from last year, NBF says
Canada should remove interprovincial trade barriers to drive economic growth
Canadian investment in foreign securities also increased