Canada recorded its largest inflow of foreign direct investment (FDI) in four years, another sign growing global trade tensions haven’t reduced the appetite for the northern nation’s assets.
Direct investment from abroad rose to C$18.7-billion in the second quarter, Statistics Canada reported Thursday from Ottawa. That’s the strongest net inflow of FDI since the beginning of 2015, probably reflecting Newmont Mining’s mega takeover of Goldcorp earlier this year.