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OTTAWA, Jan. 17 (Xinhua) -- Canadian investment in foreign securities increased to 5.5 billion Canadian dollars (about 4.21 billion U.S. dollars) in November 2019 as Canadian investors resumed their purchases of foreign equities, according to Statistics Canada on Friday.
In the meantime, foreign investors reduced their holdings of Canadian securities by 1.8 billion Canadian dollars (1.38 billion U.S. dollars), the first decline in four months.
As a result, international transactions in securities generated a net outflow of funds of 7.3 billion Canadian dollars (5.59 billion U.S. dollars) from the Canadian economy in November, following three consecutive months of net inflows.
