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Foreign Investors Bail out of Canada’s Money Machine

Foreign Investors Bail out of Canada’s Money Machine First net outflow from Canadian securities since 2008. On first sight, it wasn’t that bad. Statistics Canada reported today that in September, foreign (non-resident) investors purchased C$3.3 billion of Canadian securities – adding C$3.2 billion in equities and C$0.9 billion in bonds to their holdings while getting rid of C$0.8 […]

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Money Is Bailing Out of Canada

Money Is Bailing Out of Canada The floodgates opened in December. Perhaps it had something to do with oil, Canada’s number one export product, whose price went into free-fall in November and triggered extensive bloodletting in the Canadian oil patch. Or perhaps foreign investors got spooked by something else. Until then, they’d been sanguine: from […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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