Canada's Net Sale of US Stocks Reaches Record 31 Billion CAD in July

According to data from Statistics Canada, Canadian investors net sold US stocks worth 31 billion CAD in July, setting a record for the highest monthly figure, primarily concentrated in shares of large US technology companies. At the same time, Canadian resident investors net sold US government bonds worth 5.1 billion CAD, marking the sixth consecutive month of reductions, bringing the total amount sold this year to 37.3 billion CAD.

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