OTTAWA Dec 16 Foreigners maintained their
healthy appetite for Canadian securities in October, snapping up
C$15.75 billion ($11.75 billion) worth of bonds, stocks and
money market paper, Statistics Canada said on Thursday.
Non-residents have been investing heavily in Canada since
the start of 2016. Investment for the first 10 months of the
year hit a record C$139.18 billion, well above the C$100.77
billion amassed from January to October of 2015.
Foreign investors bought C$7.69 billion in money market
paper, most of it issued by private corporations. That
investment was the highest of its kind since June 2015.
Purchases of bonds slowed to C$6.25 billion from C$11.50
billion in September while investment in stocks dropped to
C$1.81 billion from C$5.67 billion in the previous month.
At the same time, Canadians invested a net C$2.14 billion in
foreign securities, led by purchases of U.S. shares. Residents
sold C$3.05 billion worth of U.S. government bonds, the third
consecutive month of divestment.
(Reporting by David Ljunggren; Editing by Paul Simao)