Foreign investors purchased on a net basis a record one billion dlrs of Canadian stocks in February more than the total for all of 1986 Statistics Canada said. U.S. residents continued to be the largest investor with purchases doubling from the previous month to more than 800 mln dlrs. Net sales of outstanding Canadian bonds to Japan however amounted to 679 mln dlrs in February which on average was about 500 mln less than in each of the four previous months.
CANADA STOCK PURCHASES BY FOREIGNERS SOAR