# Foreign investors are souring on Canada, which could sink the Canadian dollar - The Globe and Mail

> 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.

- Date: 2019-02-28 · published 2019-02-28T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/60839-foreign-investors-are-souring-on-canada-which-could-sink-the-canadian-dollar
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

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.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/business/briefing/article-foreign-investors-are-souring-on-canada/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.