Jun 12, 2026
Canada’s international investment position dropped by $310B in Q1 to $1.4T, the lowest level since Q3 of 2023…
… driven by a $380B headwind from negative market price movements.
With nearly 70% of our international assets in equities, weakness in US and European stock markets was the main drag - which should reverse next quarter…
… while our external debt should continue to rise, as banks borrow abroad to fund loan growth and Ottawa issues new paper to fund the deficit.
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