Canada’s ire toward the U.S. in the wake of soured trade relations has rocked summer tourism and spurred consumer boycotts, but that wrath has not extended to U.S. markets.
Canadian investors have poured $59.9 billion Canadian dollars ($43.3 billion USD) into net purchases of U.S. debt and equities from January to May this year alone, according to data from the National Bank of Canada Financial Markets, the most in this year-to-date period since at least 1990. Meanwhile, net foreign investment in Canadian securities fell by $18 billion CAD ($13 billion USD) in the first five months of the year.
