Foreign investors have shown strong confidence in Canada, as reflected in the substantial increase in foreign securities purchases in April. The actual purchases amounted to CAD 41.16 billion, significantly surpassing the expected CAD 12.30 billion and the previous month's CAD 14.37 billion. This influx of funds nearly offset the net outflow experienced in the prior two months, resulting in a net inflow of CAD 41.2 billion into the Canadian economy.
State of the Canadian Markets right now https://t.co/s6TO252DGA
The market right now https://t.co/Bd7G4hPgb1
State of the Market https://t.co/c6vfInIari
International transactions in securities generated a net inflow of funds of $41.2 billion in the Canadian economy in April, nearly offsetting the net outflow of funds of the previous two months. https://t.co/5zMQ0AZHgL
Foreign investors are bullish on Canada? https://t.co/G8g0KDgAbN
CANADA FOREIGN SECURITIES PURCHASES (APR) ACTUAL: 41.16B VS 14.37B PREVIOUS; EST 12.30B @MtlExchange
🇨🇦 Canada Foreign Securities Purchases (Apr) $CAD Actual: 41.16B 🟢 Expected: 12.30B Previous: 14.38B