Article

【Canadian investors July net sell U.S. stocks worth 31000000000 CAD, setting a single-month record】

Data from Statistics Canada show that Canadian investors July net sold U.S. stocks worth 31000000000 CAD, setting a record for the highest amount in a single month, with sales concentrated mainly in shares of major U.S. technology companies. Meanwhile, Canadian resident investors net sold U.S. government bonds worth 5100000000 CAD, marking the sixth consecutive month of reductions and bringing the cumulative reduction this year to 37300000000 CAD.