What’s really wrong with the TSX

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The stampede out of Canadian stocks is breaking records

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You have to wonder why Canadians are investing their money outside the country like never before.

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Investment in foreign securities hit $29.4 billion in December — largest net outflow of purchases into foreign stocks and bonds on records going back to 1988.

Foreigners also have less appetite for Canadian equities, dumping a record $48.7-billion worth last year.

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