Foreign Investment in Canadian Securities Slows Sharply
2026-05-15 12:36
By
Isabela Couto
1 min. read
Foreign investors bought C$4.6 billion of Canadian securities in March 2026, the weakest monthly inflow since the start of the year and well below forecasts of C$11.4 billion.
Non-resident investors reduced their holdings of Canadian equities by C$3.8 billion, following a C$9.1 billion divestment in February.
The March decline mainly reflected retirements of Canadian shares tied to cross-border merger and acquisition activity.
By sector, the largest divestments came from banking shares (-C$7.5 billion) and energy and mining companies (-C$6.0 billion), partly offset by investment in manufacturing stocks.
Meanwhile, foreign investors added C$8.5 billion in Canadian debt securities, largely provincial government bonds denominated in euros.
Non-residents also reduced holdings of corporate bonds by C$1.7 billion and federal government bonds by C$1.2 billion.