Tuesday, January 17, 2012
Released at 8:30 a.m. Eastern time
Foreign investment in all types of Canadian securities strengthened in November with non-residents adding $15.0 billion to their holdings, the largest such inflow of funds since May. Canadian investors purchased $2.8 billion of foreign securities, evenly split between stocks and bonds.
Investment in non-residential building construction in the fourth quarter was down 0.6% from the previous quarter, to $11.0 billion. This was the second consecutive quarterly decline and largely reflected lower spending in the construction of institutional buildings in seven provinces.
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