Canada’s cross-border investment flows saw a sharp reversal at the end of 2025, as the country moved from substantial net purchases of foreign securities in November to net selling in December.
According to data updated on 17 February 2026, Canadian investors went from acquiring CAD 15.96 billion in foreign securities in November 2025 to net sales of CAD 5.57 billion in December 2025. This negative balance indicates that, on net, Canadians sold more foreign assets than they bought during the final month of the year.
The abrupt shift from strong net buying to net selling underscores a marked change in portfolio flows, suggesting investors may have been rebalancing positions or locking in gains after a period of robust foreign investment. While the data do not specify asset classes or destinations, the reversal highlights rising sensitivity in cross-border capital movements heading into 2026.
