Which of the following is an example of Canadian foreign portfolio investment?
A)Albert, a German citizen, buys shares of stock in a Canadian computer company.
B)Larry, a citizen of Ireland, opens a fish-and-chips restaurant in Canada.
C)Ruth, a Canadian citizen, buys bonds issued by a German corporation.
D)Dustin, a Canadian citizen, opens a tavern in New Zealand.

Question

Quizplus · Accepted Answer

Canadian foreign portfolio investment involves Canadian investors purchasing financial assets such as stocks, bonds, and mutual funds issued by foreign entities. Option A and B involve foreigners purchasing Canadian assets, while option D involves a Canadian citizen investing in a foreign direct investment venture. Option C fits the definition of foreign portfolio investment, as a Canadian citizen (Ruth) is investing in bonds issued by a foreign corporation (German).

Which of the Following Is an Example of Canadian Foreign