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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
CanadaCanada Foreign Securities Purchases by Canadians climbed to 16.35B in June 2024
FMPMonthlyReleased August 2024
Canada Foreign Securities Purchases by Canadians climbed to 16.35B in June 2024, released August 2024, up 12.59B from May's 3.76B reading. The print exceeded the 1.6B consensus by 14.75B. Foreign Securities Purchases by Canadians has now risen for 3 consecutive months. Over the past 3 months, Foreign Securities Purchases by Canadians averaged 1.93B, vs 17.4B in the prior 3-month window. The reading is in the 85th percentile of the trailing 24-month range.
Latest Release
16.35
Actual
1.6
Consensus
3.76
Previous
Median Absolute Error
±18.01 billion
across last 11 releases
Last Call
Aug 2024
Predicted: -1.66
Actual: 16.35
Error: -18.01
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/CAD | ▼ Inverse | −0.73 | FOREX | Bearish USD | → View |
| EUR/USD | ▲ Direct | +0.73 | FOREX | Bullish EUR | → View |
| BTC/USD | ▲ Direct | +0.45 | CRYPTO | Bullish BTC | → View |
| S&P 500 | ▼ Inverse | −0.44 | INDEX | Bearish S&P 500 | → View |
| CAD/JPY | ▼ Inverse | −0.41 | FOREX | Bearish CAD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Foreign Securities Purchases by Canadians (Canada) was reported at 3.90 billion in May 2026. The reading fell from the previous value of 25.27 billion. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 10.80 billion, ranging from -11.58 billion to 22.12 billion across 11 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 9.45 billion, up from the prior three at 9.01 billion. Volatility over the past year (σ 8.99 billion) is comparable than the prior year (σ 9.01 billion). In May readings over the past 3 years, Foreign Securities Purchases by Canadians has averaged 18.38 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/CAD (Bearish USD). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR). Over the last 11 releases, the Sigmacast model's median absolute error is 18.01 billion.
WHAT TO WATCH NEXT
The next release is scheduled for June 16, 2026. Same-country events in the next 14 days include New Housing Price Index MoM (Jun 17) and Retail Sales MoM (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Foreign Securities Purchases by Canadians - CA
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About Foreign Securities Purchases by Canadians — Canada
DEFINITION
Foreign Securities Purchases by Canadians is a financial indicator that measures the amount of foreign securities, such as stocks and bonds, purchased by Canadian investors. This indicator provides insight into the level of international investment activity by Canadians and can impact the overall performance of the Canadian economy. It is closely monitored by financial analysts and policymakers as it can reflect the confidence and risk appetite of Canadian investors in the global market.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2026): actual 3.9 B. Prior reading (Feb 2026): 25.36 B. Before that (Jan 2026): 11.39 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/CAD (Bearish USD, r=-0.73) — a useful reference for forex-focused traders.