Canada saw a net securities outflow of $41B in August, as Canadian investors bought $24B of foreign securities…

… driven by $29B of buying in US equities (mainly large-cap tech)…

… which more than offset the 7th consecutive month of selling US treasuries ($9B).

Here at home, foreign investors cut their holdings of Canadian securities by $17B - with a $10B reduction in Canadian equities (all industries except banking)…

… and $11B of selling in federal bonds, the first outflow in the last 11 months - which was partly offset by buying in provincial and corporate issues.

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