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1930 | 1939 | 19451 | |
---|---|---|---|
$ millions | |||
Direct investments in businesses outside of Canada | 443 | 671 | 720 |
Portfolio holdings of foreign securities | 842 | 719 | 621 |
Government credits | 31 | 31 | 707 |
Net external assets of Canadian banks | 180 | * | * |
Official liquid reserves2 | * | 444 | 1,667 |
Total, Canadian assets abroad | 1,496 | 1,865 | 3,715 |
* Not available. | |||
Note: Excluding investments of insurance companies. | |||
1. Subject to revision. | |||
2. Includes holdings of gold, which, at the end of 1945, had a Canadian dollar value of $388,000,000. | |||
Source: Statistics Canada, Canada Year Book, 1947. |