Canadians Unaware Of Foreign Opportunities


    One-quarter (28 per cent) of Canadians with investments hold foreign investments within their portfolio, yet when asked which countries outside of Canada offer the most growth potential for investing, 27 per cent of Canadians didn’t know, says a poll by Scotiabank Investment. “It’s interesting that the number of Canadians holding foreign investments is so low given the size of the Canadian investment community,” says Vincent Delisle, managing director of portfolio strategy at Scotiabank. “Depending on your financial goals, non-Canadian assets can be a great way to diversify and optimize investment portfolios.” The top regions that people identified as having the greatest growth potential for investing outside of Canada are Asia (39 per cent), South America (15 per cent), United States (13 per cent), Mexico/Central America (eight per cent), and Europe (eight per cent).