Foreign investors increased their holdings of Canadian securities by C$25.9 billion in August 2025, slightly below July’s C$26.7 billion. The rise was driven by a strong C$32.6 billion inflow into debt securities - the highest since April 2024 - partly offset by a C$6.7 billion divestment from equities. Non-residents bought C$31.2 billion in bonds, led by new private corporate issues denominated in US dollars and euros, while federal and provincial bond purchases also contributed. Investment in money market instruments reached C$1.4 billion, focused on private corporate paper (+C$6.8 billion) and offset by divestment in government paper. Meanwhile, foreign investors sold C$6.7 billion in Canadian stocks, mainly from the energy and mining sectors, though they increased holdings in banking shares. Canadian investors, in turn, purchased C$19.5 billion in foreign securities.