After $1 Trillion Outflows, Is Canada’s Reversal Finally Here?

Canada is once again drawing attention from global investors, as capital begins to flow back after years of outflows and underinvestment. Foreign direct investment surged to nearly $100 billion last year, its strongest level since 2015, according to a new economic report by the RBC Thought Leadership. This marked for the first time in the last decade when the inflow of capital exceeded the outflow. The research suggested that Canada was getting back on the radar of global investors and identified six export-oriented, R&D-intensive, and strategically significant industries that have the potential to tap $1.8 trillion worth of investment in…