Here you go. Article on the results with a citation to Statistics Canada.
Foreign direct investment into Canada jumped in the fourth quarter, pushing yearly inflows to the highest level in 18 years. Read here now
financialpost.com
There’s a major distinction between Foreign Direct Investment in Canada that packs up and leaves Canada, and capital outflow from Canadian capital being invested overseas. The former is indeed a sign of Canada becoming a less attractive investment climate… The increased FDI capital inflows recently reported by StatCan suggests those concerns have decreased.
The latter is Canadians deploying their capital to invest in (buy) foreign assets. Canadians buying up stakes in foreign businesses is difficult to articulate as a bad thing. It’s not money flowing out of Canada with no benefit; it’s Canadians geographically diversifying investments with ownerships takes in overseas ventures.
What about Canadians buying up portions of foreign businesses worries you?