Part 1/7:
The Capital Drain: Why Canadians Are Moving Their Money South
In recent months, there's been a notable and alarming trend: Canadians are actively sending their investments and capital into the United States. This phenomenon is reflected in staggering figures — between February and July of this year, Canadians purchased a remarkable $124 billion worth of U.S. securities, according to the National Bank. This influx contrasts sharply with declining foreign investment into Canada itself, suggesting a significant capital outflow that the bank has ominously dubbed a capital drain.