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Foreign investors retreat from Canadian securities as traders bet on U.S. bonds

Investing.com -- In a sign of shifting capital flows, Canadian investors acquired $15.6 billion worth of foreign securities in March, most of it in U.S. bonds, while foreign investors pulled $4.2 billion from Canadian markets, according to data released by Statistics Canada. This net outflow of $19.9 billion marked the second consecutive month of capital leaving Canada and brought the first quarter’s total outflow to $45.9 billion.