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Foreign Investors Sell C$15.09 Billion of Canadian Securities, Wholesale Trade Rises, and Goods-Trade Surplus Widens
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Foreign investors sold C$15.09 billion of Canadian securities in September, mainly due to bond retirements, while Canadian investors increased their foreign investments. Additionally, wholesale trade in Canada rose by 0.4% in September, driven by sales of motor vehicles and parts. Canada's goods-trade surplus with the rest of the world widened in September, reaching the largest in 15 months, driven by increased exports of crude oil.
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How might the increase in wholesale trade impact the Canadian economy?
What factors contributed to the bond retirements that led to the sale of Canadian securities?
What implications does the widening goods-trade surplus have for Canada's trade relationships?
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