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    1. Fragrant-Cut9025 on

      > Foreign direct investment into Canada jumped in the fourth quarter, pushing yearly inflows to the highest level in 18 years.
      FDI totaled C$25.1 billion ($18.3 billion) between October and December, Statistics Canada reported Thursday. That brought the yearly sum of foreign direct investment to C$96.8 billion, the highest since 2007.

      For those who would read the title and be confused about the direction of money flow that is seeing the surge

    2. I know things take time to really manifest, but it’s great to see some progress.

    3. Prudent_Slug on

      That chart is interesting. I wonder if it was inflation adjusted. If it isn’t that spike in the middle 2000s was even more massive than it already appears. I wonder what it was.

    4. cyclinginvancouver on

      >M&A activity was a major contributor to the yearly investment flows, with transactions involving Nova Chemicals, GFL Environmental and Vancouver-based Sandstorm Gold Ltd.

      >

    5. thatguydowntheblock on

      Wow, incredible news! A potential early sign that Carney’s strategy is working 🚀

    6. Islander316 on

      Yeah, and Alabama has a higher GDP per capita than us, almost zero GDP per capita growth in the last 10 years, child poverty is rising for the third year in a row, Canadians now have among the highest household debt in the G7. We have the highest food inflation in the G7. More government assistance for poor people who have to be subsidized by our taxpayer dollars, we just saw the GST rebate program created to deal with skyrocketing food inflation. Out of control immigration, making it harder to get jobs, our youth unemployment almost twice the national average now. Wasting taxpayer dollars by growing the government by 40%, doubling our national debt in the last 10 years, and keep adding to it.

      But sure, keep voting Liberal.

    7. I’m U.S. based but I’ve owned Canadian stocks in CAD for years. About 13 months ago I bought a lot more.

    8. Alert-Ad5477 on

      Money moving from US to Canada with the unpredictability and horrible economic decisions being made by the admin.

    9. GenericFatGuy on

      Oh I do love when we go back to 2007 levels for things. That can only be good.

    10. Reasonable-Sweet9320 on

      An excerpt from this paywalled article;

      “Foreign direct investment into Canada jumped in the fourth quarter, pushing yearly inflows to the highest level in 18 years.

      FDI totalled $25.1 billion between October and December, Statistics Canada reported Thursday. That brought the yearly sum of foreign direct investment to $96.8 billion, the highest since 2007.

      Net inflows rose from a revised $17.5 billion in the third quarter, and were driven primarily by mergers and acquisitions, primarily originating from the U.S., the agency said.

      Statistics Canada also said the country’s current account deficit narrowed to $0.71 billion in the fourth quarter, from $5.27 billion previously.

      Fourth-quarter investment activity was driven by trade and transportation, manufacturing, and management of companies and enterprises.”

    11. This is generally best in the form of greenfield companies rather than takeovers

    12. compare S&P 500 being held up by Nvidia and the top7 Ai companies, in my opinion about to burst. vs Tsx 60, lighter on tech but diverse in banks, miners etc. Very different sectors. and the Cad economy has been under evaluated.

    13. Very nice. Hope to see it lead somewhere soon.

      Where is that 1% commenter from last month who was hating on Harper because of how high foreign investment was under him?

      What’s your handler telling you now?

    14. Bushwhacker42 on

      Are they buying up houses? I just put a bid on a place but it went for $130k over asking, no conditions.

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