BUSINESS

Foreigners bought $6.1 billion in Cdn securities in July: StatsCan

09/16/2013 08:40 EDT | Updated 11/16/2013 05:12 EST
OTTAWA - Statistics Canada says foreign investors resumed purchases of Canadian securities in July, adding $6.1 billion to their holdings.

It says this followed a $15.4 billion divestment in June.

Meanwhile, Canadian investment in foreign securities slowed to $900 million and focused on bonds.

The agency says non-residents bought $3.6 billion in Canadian bonds in July.

Foreign investors bought Canadian equities for a fourth straight month, adding $1.5 billion to their holdings in July with shares from the energy and gold sectors leading way.

Canadian acquisitions of foreign securities slowed to $900 million in July from $3.7 billion in June, with investments focused on foreign bonds.