Foreign bonds were also in focus, accounting for $10.3 billion acquired including $6.7 billion of non-US bonds and $3.6 billion US bonds. Total foreign debt securities totalled $11.9 billion.
Total foreign securities acquired by Canadian investors in November was $17.8 billion, the highest amount since March 2024 and following the $2.7 billion divestment in October.
Foreign investors eased back slightly with a total $16.4 billion in Canadian securities acquired following the $21.5 billion seen in October.
Debt securities were key with $25.2 billion acquired, mostly federal government instruments. But money market instruments were the big story, setting a new record with $19.5 billion acquired by non-resident investors. This included $15.3 billion in Canada Treasury bills, along with $2.3 billion in provincial and $2.7 billion in private corporate paper.
Bonds were less enticing for foreign…
