OTTAWA (CU)_In Canada, investment savings are notoriously tied to publicly-traded equities in the country, although they only account for less than 3 per cent of global equities. However, in the second quarter of this year, as the country was experiencing the peak of the third COVID-19 wave, a massive portion of investments took flight, as investors ploughed their cash into equities and debt securities like bonds abroad.
Data released by Statistics Canada last week revealed…