Foreign Investment in Canadian Securities Eases
2026-07-17 12:48
By
Larissa Caser
1 min. read
Foreign investors acquired C$7.9 billion in Canadian securities in May 2026, down sharply from C$46.9 billion in April and well below market expectations of C$15.21 billion.
Non-resident investors sold C$16.1 billion of Canadian equity securities, marking the largest monthly divestment since February 2025.
The selloff was concentrated in the energy and mining (C$7.7 billion) and manufacturing (C$4.9 billion) sectors.
Despite the equity outflows, foreign investors remained net buyers of Canadian securities for a fifth consecutive month, supported by acquisitions of federal government bonds (C$7.8 billion) and provincial government bonds (C$7.1 billion).
Foreign investors also increased their holdings of money market instruments by C$6.0 billion, the largest investment since September 2025, driven primarily by purchases of private corporate paper (C$3.7 billion) and federal government business enterprise paper (C$2.8 billion).