On a net basis security flows were up small in March, with a little under $5B of foreign investment and $4B of Canadian investment abroad…

… nearly all of which ended up south of the border, with roughly $3B of large cap tech buying…

… and record demand for US corporate paper of over $10B, which carried an $8B outflow from government bonds.

Here at home, foreign investors sold ~$4B of Canadian equities - the second straight outflow…

… while demand for Canadian government paper remains steady, though smaller than in previous months.

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