Canadians invest in US shares quickly Breakneck – although American goods

Canadian investors poured 59.9 billion Canadian dollars ($ 43.3 billion) in net US debt and stock purchases from January to May this year alone, according to data from the national financial markets in Canada, in more than $ 18 of billions) this year from the year to 1990.

Warren Leggm, the administrative director of the National Bank, wrote, “The purchase of Canadian programs” apparently does not apply to the investment portfolios, as Canadian investors instead a report last month. “Meanwhile, foreign investors cool down Canada.”

Canadian flow comes to American stocks as American markets Keep out of superiority The criterion, despite the wide fears of inflation caused by customs tariffs, the cooling market, and the artificial intelligence council. Ironically, Canadian stocks are actually It exceeds their American counterpartsAccording to Mooringstar data, this may be the result of the rules of the Canadian company that begins the year much less than those in the United States

While the growth of Canadian stocks may mean continuing investment from Canadians, the size of the American market makes almost impossible to resist it.

“Canadians continue to invest in the United States because Canada is a relatively small market, and any completely varied approach to investment requires continuous allocations for the American market.” luck.

Why did you draw “Canadian” line in stocks?

According to Mushier Lander, a former former economist of the Alberta government and a senior economist at the University of Concordia in Montreal, the desire to invest in American companies, despite the desire for American companies’ refusal through the boycott serving separate jobs.

“The American boycott is an emotional thing, not an economic thing,” Lander said luck. “Many Canadians have realized that there is an end to their willingness to express their objections.”

Although the refusal to buy consumer products from the United States is a way to make Canadians feel empowering through their daily actions, Lander said that the same will for simple American companies does not make sense for investors more interested in practical places to put their money. There is another practical reason for the continued purchases of American stocks, according to Lander: Most Canadians do not manage their investment portfolios, leaving it instead for financial advisors, who do not make the same emotional decisions as a boycott.

“When I go to the grocery store, I can choose not to buy an American product,” Lander said. “When I talk to my financial advisor, I don’t learn them to stay appleand MicrosoftAnd Wal Mart“

The movement limits “buy Canadian”

However, the action of boycotting, no matter how emotionally provocative, has made its fingerprints on the United States in late March. 10 % decrease in reservations for American cities Compared to the same period in previous years. According to the analysis conducted by Spirits Canada, American spirit sales in Canada decreased 66.3 % Between the beginning of March and the end of April, the period when many retailers said that they would stop selling American wine, according to the analysis conducted by Spirits Canada.

“It was an effective way for Canadians to show that they were annoyed by the great insults that the Trump administration visited both the Canadian government and the Canadian people,” said Brett House in Colombia.

However, Lander sees the “Canadian purchase” movement that dies because it becomes less sustainable for the Canadian economy. Lander said the annual export imports in Canada are about half a trillion dollars. If the Canadians are strongly committed to a boycott, this strike is $ 500 billion, and only a few GDP of the United States, which is approaching $ 30 trillion, will take part of the 2 -trillion dollar Canada’s economy.

Lander said: “I do not know that it is the continued purchase of American shares or bonds as it is anomalies,” Lander said. “It is the fact that boycotting American goods and tourism has already managed to succeed for seven months.”

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