Another month and another $7.3 billion in foreign capital. Composition has changed from bonds and stock to 99.5% in money market (a new trend). This ultra hot money says less about Canada than it does about the worries foreigners have as to the global economy.
Capital inflow -- (incl September 2011)
CAD is toying around the 0.97/1.03 range to the USD. Despite WTI hitting a high of $103/bbl early this morning.