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At the end of February, 2013, investments in Canadian companies accounted for 58 per cent of all equity mutual fund money invested by Canadians, according to the Investment Funds Institute of Canada. U.S. equity funds accounted for 11 per cent.
At the end of February, 2013, investments in Canadian companies accounted for 58 per cent of all equity mutual fund money invested by Canadians, according to the Investment Funds Institute of Canada. U.S. equity funds accounted for 11 per cent.
(123render/Getty Images/iStockphoto)

Investing

Canadians still favour their own country’s stocks

Far fewer people are willing to invest in equities these days, but the Canadians who do are still happy to rely on returns from their own country’s stocks.

At the end of February, investments in Canadian companies accounted for 58 per cent of all equity mutual fund money, according to the Investment Funds Institute of Canada. That’s almost exactly the same figure as the 56 per cent invested in domestic equity funds in February, 2008, back when the financial world looked a lot different.