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Despite boycott, Canadians poured record $50B into US securities at height of trade war

Canadians might be boycotting American products over the trade war and avoiding travel to the US — but their investment portfolios are snapping up red, white and blue stocks at an “unprecedented rate.”

They poured an eye-popping $50 billion into US securities at the height of the 2025 trade war — the most since at least 1990.

“Canadian investors have opted to load up on US financial assets since President Trump was sworn in,” Warren Lovely, managing director of National Bank Financial in Toronto, wrote in a recent report, noting the pace has been “unprecedented.”

h/t Mauser

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