Foreigners Bought C$16.33 Billion of Canadian Securities in November While Canadians Resumed Buying Foreign Securities

By Robb M. Stewart

OTTAWA--Foreigners again added to their holdings of Canadian securities in November, though the pace slowed as investments in Canadian stocks were sold down, while Canadian investors reversed the foreign securities offloaded a month earlier.

The result was international transactions generated a modest net outflow from the Canadian economy of roughly 161 million Canadian dollars, the equivalent of $115.9 million, in November after a sizeable C$58.2 billion inflow the month before, Statistics Canada said Friday.

Nonresident investors purchased a net C$16.33 billion in Canadian securities during the latest month, the national data agency said. That was down from C$46.62 billion bought in October and C$31.32 billion the month prior.

Between January and November, foreigners bought a cumulative C$120.88 billion in Canadian securities, below the C$179.15 billion added in the same 11 months of 2024.

Foreigner buying in November was led by private corporate debt securities, both bonds and money market instruments. The investment also included Canadian government debt securities, but foreign investors reduced their holdings of Canadian equity securities by C$7.5 billion in November 2025 following C$12.61 billion in investments the previous month.

Canadian investors in November bought C$16.49 billion in foreign securities, more than making up for the C$11.58 billion sold a month earlier. For the 11 months through November, Canadians bought a cumulative C$120.25 billion in foreign securities, up from C$108.85 billion in the same period the year before.

The investment by Canadians in November was mainly foreign equities, totaling C$15.23 billion. Statistics Canada said activity was led by the highest level of purchases of non-U.S. shares since April 2022, mainly targeting the European market. Canadian investors also acquired roughly C$6.3 billion of U.S. shares during the month, with a focus on large capitalization technology firms.

The monthly international securities report covers a portfolio of transactions in equity and investment fund shares, bonds and money market instruments for both Canadian and foreign issues.

The activity excludes transactions in equity and debt instruments between affiliated enterprises.

Write to Robb M. Stewart at [e-mail]

(END) Dow Jones Newswires

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