FDI totaled $18.2 billion between July and September

Foreign direct investment into Canada fell in the third quarter, reaching the lowest level in a year and a half.

FDI totaled $18.2 billion between July and September, Statistics Canada reported Thursday . That was driven by mergers and acquisitions, and foreign parent companies reinvesting their earnings in Canada.

Net inflows are down from $21.9 billion in the previous quarter, and are the weakest since the start of 2024. The data also show Canadian investment abroad was $25.1 billion, marking a second consecutive period where more net direct investment dollars left than entered the country.

Still, the trend in FDI inflows into Canada remains elevated, totaling $96.6 billion over the last four quarters, well above the $61.9 billi

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