The amount of foreign investment in Canadian securities nearly doubled to $23.2 billion in May, with close to half of that in federal bonds.
That compares to foreign investment of $12.4 billion in April.
Statistics Canada says federal government debt was a big attraction for foreign investors, who bought $11.5 billion of bonds issued by Ottawa in May.
That pushed the overall sales of Canadian bonds to the highest level in a year.
Statistics Canada says foreign purchases of Canadian stocks rose to $5.3 billion in May, the largest monthly inflow so far this year.
