It was a bonanza for offshore investors in June, as many of them discovered what a bargain Canadian securities were.
Statistics Canada reported Thursday morning that foreign investors bought a net $9.02 billion in Canadian securities in June, mainly in stocks, after buying $13.99 billion in securities in May.
The agency went on to say Canadian investors bought $4.15 billion worth of foreign securities, led by non-U.S. equities. That followed a C$4.90 billion net purchase of securities in May.