In 2017, the total stock of Canadian outward investment increased by 13.4% ($1,121 billion in 2017 vs $1,083 billion in 2016), while the stock of Canadian outward investment to Asia increased by 4.3% ($68,518 million in 2017 vs $71,538 million in 2017). In the past two decades, our portfolio has become more diversified, at least on a regional basis. For example, the share of Canadian investment abroad in the United States has fallen from around 63% in 1980 to just 45% today. Apart from the United States, a significant amount of Canadian FDI is located in the United Kingdom ($102.6 billion), Luxembourg ($76.9 billion) and the low tax haven of Barbados ($48.9 billion).
|Canadian Outward Foreign Direct Investment to the World|
|Other North America*||2,109||6,019||46,184||187,476||189,525||179,590|
|South and Central America||1,162||2,341||21,295||57,096||56,479||55,915|
Source: Statistics Canada Table 36-10-0008-01 "International investment position, Canadian direct investment abroad and foreign direct investment in Canada, by country, annual (x 1,000,000) https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610000801, June 25, 2018; 1980 figures are adapted from Statistics Canada, Canada’s International Investment Position, 2001, Catalogue No. 67-202-XIB 2001000 2001 March 27, 2002.
Statistics Canada information is used with the permission of Statistics Canada.
Notes: Data used to produce this chart reflect the stock of foreign direct investment abroad held by Canadians. Stock refers to the magnitude of investment that has accumulated over time, as opposed to the flow of new investment made in a given peroid.
* Includes Mexico and islands between the Caribbean Sea and the Atlantic Ocean.
** Includes Asia up to the Pakistan-Afghanistan border, plus Australia and New Zealand.
*** Data for the Middle East, which Statistics Canada includes in its Asia aggregate, have been included instead in the ‘Other Regions’ category.