Table 2 
Quarterly change in Canada's international investment position 

Quarterly change in Canada's international investment position
Position at beginning of period – Second quarter 2025Financial account transactions – Second quarter 2025Revaluations attributable to exchange rate changes – Second quarter 2025Revaluations attributable to market price changes – Second quarter 2025All other changes to the position – Second quarter 2025Position at end of period – Second quarter 2025
  billions of dollarsbillions of dollarsbillions of dollarsbillions of dollarsbillions of dollarsbillions of dollars
Assets 10,277.2 41.7 -312.7 426.7 34.0 10,467.0
Direct investment assets 4,328.7 26.8 -71.8 145.2 -1.2 4,427.7
Canadian portfolio investment 4,109.2 26.8 -178.5 278.5 -4.5 4,231.5
Foreign debt securities 1,057.4 7.1 -52.1 8.9 15.4 1,036.6
Foreign equity and investment fund shares 3,051.8 19.7 -126.4 269.6 -19.9 3,194.9
Official international reserves 181.1 -4.6 -5.0 2.9 0.0 174.4
Other Canadian investment 1,658.2 -7.3 -57.4 0.0 39.7 1,633.3
Liabilities 8,464.4 56.6 -99.8 167.4 22.8 8,611.3
Direct investment liabilities 3,000.0 18.5 -2.1 87.6 -6.4 3,097.7
Foreign portfolio investment 3,544.1 -16.8 -40.0 79.7 0.7 3,567.7
Canadian debt securities 2,387.2 -13.8 -40.0 5.0 0.7 2,339.1
Canadian equity and investment fund shares 1,156.9 -3.0 0.0 74.7 0.0 1,228.6
Other foreign investment 1,920.2 54.9 -57.8 0.0 28.6 1,945.9
Net international investment position 1,812.9 -14.8 -212.9 259.4 11.1 1,855.7
Note(s):
Other changes to the position include volume changes (write-offs, reclassifications or residency changes), changes to the position resulting from discrepancies between flow and stock data sources, as well as changes arising from changes in the value of financial derivatives.
Source(s):
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