Non-resident buyers additionally elevated their publicity to Canadian equities by $9.8 billion, down from the $14.9 billion added in September.
In the meantime, Canadian buyers reduce their publicity to overseas securities by $2.6 billion, pushed by the biggest divestment of overseas shares since March 2022.
Canadians dumped $15.6 billion in overseas shares in October together with $11.1 billion of US shares. Between January and September Canadian buyers had acquired $43.3 billion in US shares.
Additionally they elevated their publicity to overseas debt securities by $12.9 billion, together with $11.2 billion in overseas bonds. Pension funds fuelled a complete $10.4 billion in acquisitions of non-US overseas bonds, the biggest month-to-month funding on file. International cash market devices acquired totalled $1.8 billion, largely US authorities paper.