EventDocument
Statistics Canada: foreign direct investment in Canada reached $96.8 billion in 2025, the highest since 2007
Statistics Canada reported on 26 February 2026, in its balance of payments release for the fourth quarter of 2025, that foreign direct investment in Canada reached $96.8 billion in 2025, the highest level since 2007. Mergers and acquisitions accounted for $43.6 billion, a level similar to 2024, and over half of the investment came from the United States. Trade and transportation, management of companies, and manufacturing were the largest recipient sectors.
- Date
- Kind
- Other
- Where
- Canada
- Evidence
- Document: An official document: a bill, a filing, an agreement text. How evidence is weighed
Sources
- Statistics Canada, “Canada's balance of international payments, fourth quarter 2025 (The Daily)” (external site), . source record
Claims that rest on this event
- Official forecasts show no boom (about 1.1% growth in 2026, from Finance Canada and the Parliamentary Budget Officer), and much of the record foreign direct investment in 2025 was takeovers and reinvested earnings rather than new investment.
Foreign direct investment in 2025 was the highest since 2007, which on its face cuts against the no-boom reading, though $43.6 billion of it was mergers and acquisitions.
How it bears on the outcome
| Explanation | Fit | Why |
|---|---|---|
| O0 No meaningful speed-up | Against weak | Record FDI is mildly awkward for no speed-up, but the largest recipient sectors were trade, management of companies and manufacturing, not resources, and much was takeovers. |
| O1 Faster, but the extra output goes mostly elsewhere | Neutral weak | Aggregate FDI says nothing about where resource output goes; fits the destination readings equally. |
| O2 Faster, and more volume reaches the US (this level or higher) | Neutral weak | Aggregate FDI says nothing about resource volumes to the US. |
| O3 Locked-in preferential terms for the US | Neutral weak | Over half of FDI coming from the US is a long-standing pattern and shows no locked-in preferential terms. |