Home Breadcrumb caret Industry News Breadcrumb caret Industry $10.6B in securities flowed out of Canada in June Statistics Canada reports that foreign investors pulled $5.1 billion from Canadian bonds By Staff | August 16, 2019 | Last updated on August 16, 2019 1 min read iStock Canadian investors padded their foreign securities holdings in June, whereas foreign investors dumped Canadian stocks and bonds. Statistics Canada reports that foreign investors pulled $5.1 billion from Canadian bonds, and another $1.1 billion from domestic equities, during the month. This was somewhat offset by investors buying $2.3 billion in Canadian money market instruments. Overall, foreign holdings of Canadian securities dropped by $4.0 billion in June, which represents the third divestment in four months. At the same time, Canadian investors added $6.6 billion worth of foreign securities in June. On balance, the Canadian economy recorded a net outflow of $10.6 billion due to cross-border securities flows. And, for the second quarter, net portfolio outflows totalled $17.0 billion. For the first half of 2019, foreign investors bought $32.5 billion in Canadian securities, down from $49.4 billion for the same period in 2018. Canadian investors added $8.4 billion in foreign securities through the first half, compared with $29.4 billion in 2018. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo