Canada may be in the process of losing its reputation as an investment safe haven. Statistics Canada (Stat Can) released its balance of international payments for Q1 2024, reinforcing preliminary data showing investors are looking for opportunities abroad. It also revealed foreign investors are engaging in their first divestment from the country in 14 years, […]
Canadians might be ready to shed their reputation as real estate obsessed investors. A new survey from financial comparison site HelloSafe found real estate is now the second highest preference for investors. After home prices made record gains, young and old respondents now prefer stocks as their favorite investment vehicle for building wealth. That can […]
Canada has historically had a reputation as a safehaven to global investors, but those days are suddenly gone. Statistics Canada (Stat Can) released its securities trade for February. The data revealed global capital continues to flee the country’s capital markets at a record pace. Even worse, domestic investors are now joining them. Canadian Investors Flee […]
Canada’s latest trade data was an emotional rollercoaster, showing improvements rather than wiping them out. Statistics Canada (Stat Can) published data for the Q3 2023 current account, which shows the balance of goods and services trade. Some improvements were observed, but not enough to counter the rapid outflow of investment occurring. One of the country’s […]
No, you didn’t accidentally eat the wrong brownie from the freezer. One of Canada’s biggest banks actually sent traders a Christmas poem about the Bank of Canada (BoC) governor’s management. It turns out it’s actually a tradition at the National Bank of Canada (NBC), who really should be teaching a Masterclass on throwing shade. They’ve […]
