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That figure dropped to $18.2 billion in the third quarter, down from $21.9 billion in the previous quarter, according to Statistics Canada data. It’s the least amount of money invested in the country since early 2024. (The Logic)
Talking point: Foreign companies reinvesting profits in their Canadian affiliates and cross-border mergers and acquisitions drove much of that activity. Despite the quarterly dip, inflows over the past four quarters still total $96.6 billion, far above the 10-year average of $61.9 billion. Policymakers worry that chronically weak business investment is dragging on productivity—a challenge the federal government hopes to counter with new tax deductions and efforts to attract $500 billion in private investment over five years. Meanwhile, Statistics Canada estimates the national trade surplus in goods with the U.S. grew to $20.7 billion in the third quarter from $10.9 billion in the previous quarter.
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