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Foreign investors have reduced net investment in Canadian securities, with the slowest annual pace in 11 years in 2018. Non-residents divested a record C$24.8 billion of Canadian bonds in December.
The current account deficit widened to C$15.5 billion in the fourth quarter.
Weaker foreign capital inflows put downward pressure on the Canadian dollar, which raises the USD/CAD rate. This affects Canadian export costs and has only a limited direct effect on feed prices.
theglobeandmail.comMichael BabadFeb 28, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
