Canada’s Capital Flight Accelerates As Investors Dump Domestic Assets - Better Dwelling
2 Articles
2 Articles
Canada is not only facing a record outflow of citizens, but also an increasingly obvious trend of capital outflow. Statistics Canada data showed that the securities market had a net outflow of 16.2 billion dollars in May, showing a net outflow for four consecutive months, and a cumulative outflow of 83.9 billion dollars in the past four months.
Canada’s Capital Flight Accelerates As Investors Dump Domestic Assets - Better Dwelling
Canada isn’t just seeing citizens flee in record volumes, capital is fleeing too. Statistics Canada (Stat Can) data shows a net outflow of $16.2 billion from securities in May, marking a fourth month of capital flight. Despite the TSX’s stellar recent performance, investors are reducing exposure and sending more capital abroad. Canada Saw $16 Billion […]
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