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International investment position, Canadian direct investment abroad and foreign direct investment in Canada, by North American Industry Classification System (NAICS) and region, annual

Annual stock positions of Canadian direct investment abroad (CDIA) and foreign direct investment in Canada (FDI) by North American Industry Classification System (NAICS) sector and broad partner region from 1999 to 2025.

ℹ Figures are computed from official source data. Analytical commentary is AI-generated and has not been independently reviewed.

About this dataset

Measures Annual stock book values of Canadian direct investment abroad (CDIA) and foreign direct investment in Canada (FDI), disaggregated by NAICS industry, broad geographic partner region, and capital component (equity vs. net debt).
Basis International Investment Position (IIP) compiled under IMF Balance of Payments Manual (BPM6) standards on a book value (historical accounting) basis. Direct investment is defined as an ownership stake of 10% or more of voting equity. Recorded on an immediate industry and immediate region basis.
Units Millions of Canadian Dollars (CAD) at book value.
Disaggregated by
  • 43 NAICS industrial sectors, subsectors, and macroeconomic aggregates
  • 9 partner regions and continental aggregates (including US, Europe, Asia/Oceania)
  • 6 investment position types (Total book value, equity, and net debt for both CDIA and FDI)
  • Annual reference periods from 1999 to 2025
Not covered
  • Market value valuation of direct investment (available at aggregate national level only)
  • Ultimate investing country attribution by industry (recorded on immediate basis; see Table 36-10-0445)
  • Granular 4-digit and 5-digit NAICS industry codes (confidentiality suppression limits detail)
  • Detailed country-level cross-tabulations by industry (available only at broad continental/regional level to protect confidentiality)
Measurement notes
  • Direct investment requires a 10% or greater voting equity threshold representing a lasting interest and managerial influence.
  • Management of companies and enterprises (NAICS 55) captures holding companies through which foreign parents channel operating funds.
  • Equity comprises common and preferred shares, contributed surplus, and accumulated retained earnings.
  • Net debt represents intercompany lending between corporate parents and foreign affiliates.
  • Values are expressed at book value and are not adjusted for inflation or currency fluctuations at market rates.
Time range 1999-01 – 2025-01 annual
Geography country 1 regions
Classification NAICS Sector (2-digit) and Subsector (3-digit) v2017/2022
Shape 33,243 rows 17 columns · 24.4 MB
FDICDIAdirect-investmentNAICSindustry-breakdownmanufacturingservicesholding-companiesannualbook-value
Direct Investment by Industry & Region: Overview Metrics
MetricValueNotes
Temporal Span1999 – 202527 consecutive annual stock balance periods
Total Observations33,243Complete cross-tabulation of NAICS industries and regions
Valid (Non-null) Values24,574 (73.9%)Remaining cells suppressed for confidentiality
NAICS Sectors / Categories43Broad sectors, detailed manufacturing subsectors, and special aggregates
Geographic Aggregates9Total all countries, US, Europe, Asia/Oceania, Latin America, etc.
Investment Position Types6Book value, equity, and net debt for both CDIA and FDI
Valuation Currency / ScaleCAD Millions (Book Value)IMF BPM6 standards on an immediate country and industry basis
geography: Canada · table: 36-10-0009-01 Dataset summary across all dimensions Compiled from Canadian International Investment Position survey returns.
Sectoral Data Availability for Inward FDI (2000–2025)
NAICS Sector2000200220042006200820102012201420162018202020222024
Mining and oil and gas extraction
Utilities
Construction
Manufacturing
Wholesale trade
Retail trade
Transportation and warehousing
Information and cultural industries
Finance and insurance
Real estate and rental and leasing
Professional, scientific and technical services
Management of companies and enterprises
investment type: FDI total book value · country: Total, all countries Binary reporting status (1 = published, 0 = suppressed) Shows unbroken annual time series for primary industry groups in Canada.
Canadian Direct Investment Abroad (CDIA) 2025 $2,428.9BCAD
+2.8% YoY vs 2024
Total outward direct investment stock abroad
year: 2025 · sector: Total, all industries · partner: Total, all countries Stock level converted to Billions CAD Represents cumulative Canadian direct investment capital positioned in foreign enterprises.
Foreign Direct Investment in Canada (FDI) 2025 $1,600.5BCAD
+6.9% YoY vs 2024
Total inward direct investment stock in Canada
year: 2025 · sector: Total, all industries · partner: Total, all countries Stock level converted to Billions CAD Represents cumulative foreign ownership stakes of 10% or more in Canadian enterprises.
Net Direct Investment Position 2025 +$828.4BCAD
-4.3% YoY vs 2024
Net direct asset surplus (Outward CDIA minus Inward FDI)
year: 2025 · sector: Total, all industries · partner: Total, all countries Arithmetic difference: CDIA - FDI Canada maintains an extensive net direct investment surplus with the rest of the world.

Observations

Top FDI Sector: Management of Enterprises $524.8BCAD
+32.8% % of Total FDI Stock
Holding companies & enterprise management (NAICS 55)
year: 2025 · sector: NAICS 55 · partner: Total, all countries Stock level converted to Billions CAD Reflects corporate holding structures used by foreign multinational enterprises.
Top CDIA Sector: Finance & Insurance $845.1BCAD
+34.8% % of Total CDIA Stock
Canadian banking, pension & insurance assets abroad (NAICS 52)
year: 2025 · sector: NAICS 52 · partner: Total, all countries Stock level converted to Billions CAD Driven by Canadian chartered banks, pension funds, and life insurers expanding overseas.
Aggregate Direct Investment Stock: CDIA vs. FDI (1999–2025)
  1. Canada solidifies permanent net direct investment asset exporter status — NOTES.md: Net direct position crossover
  2. CDIA reaches $2.43T CAD; FDI reaches $1.60T CAD — NOTES.md: 2025 stock milestone
geography: Canada · country: Total, all countries · sector: Total, all industries Annual stock converted from CAD Millions to CAD Billions Book value under IMF BPM6 accounting rules.
Canadian Direct Investment Abroad by Major Industry (1999–2025)
country: Total, all countries · investment type: CDIA total book value Annual stock converted to CAD Billions Demonstrates rapid expansion of outward Canadian finance and corporate management capital.
Foreign Direct Investment in Canada by Major Industry (1999–2025)
country: Total, all countries · investment type: FDI total book value Annual stock converted to CAD Billions Highlights surge in foreign capital holding companies (NAICS 55) since the mid-2000s.
Top 10 Sectors for Foreign Direct Investment in Canada (2025)
year: 2025 · country: Total, all countries · investment type: FDI total book value Ranked by stock value in CAD Billions Excludes macroeconomic aggregate categories.
Top 10 Sectors for Canadian Direct Investment Abroad (2025)
year: 2025 · country: Total, all countries · investment type: CDIA total book value Ranked by stock value in CAD Billions Excludes macroeconomic aggregate categories.
Foreign Direct Investment in Canadian Manufacturing Subsectors (2025)
year: 2025 · sector parent: Manufacturing [31-33] · investment type: FDI total book value Stock value in CAD Billions Detailed breakdown across 3-digit NAICS manufacturing subsectors.
Goods vs. Services Share of Inward FDI in Canada (1999–2025)
  1. Services overtake goods as majority recipient of inward FDI — NOTES.md: Structural service transition
  2. Services represent 70.6% ($1.13T CAD) of inward FDI — NOTES.md: 2025 services share
country: Total, all countries · investment type: FDI total book value Share of total inward direct investment stock Reflects profound structural transition of Canadian FDI toward services and corporate management.
Foreign Direct Investment in Canada by Partner Region (2025)
year: 2025 · sector: Total, all industries · investment type: FDI total book value Stock level in CAD Billions by origin region Based on immediate partner country/region.
Canadian Direct Investment Abroad by Destination Region (2025)
year: 2025 · sector: Total, all industries · investment type: CDIA total book value Stock level in CAD Billions by destination region United States and Europe account for over 70% of Canadian outward direct capital.
Inward FDI Composition: Equity vs. Net Debt (1999–2025)
  1. Equity represents 88.4% ($1.41T CAD) of inward FDI stock — NOTES.md: Equity dominance in direct investment
country: Total, all countries · sector: Total, all industries Stock level in CAD Billions Direct investment capital is heavily dominated by permanent equity and retained earnings.

Analytical Note: The Surge in Management of Companies (NAICS 55)

Since the early 2000s, inward foreign direct investment into Canada has undergone a massive reorientation from traditional resource extraction and heavy manufacturing toward holding companies and corporate headquarters classified under NAICS 55 ('Management of companies and enterprises'). In 2025, NAICS 55 held $524.8 billion CAD (32.8% of all inward FDI), having surpassed manufacturing in 2012. Analysts should note that NAICS 55 frequently represents intermediate holding structures through which foreign parents channel capital before reallocating it to operating subsidiaries across multiple domestic industries.

sector: NAICS 55 · time span: 1999-2025 Qualitative analytical narrative Essential context for interpreting industry-level exposure and capital origin.

Methodology: BPM6 Standards & NAICS Concordance

Statistics Canada compiles Table 36-10-0009-01 according to the International Monetary Fund's Balance of Payments and International Investment Position Manual (BPM6) and OECD benchmark definitions. Direct investment requires an equity threshold of 10% or more of voting power. Data are recorded at book value (historical acquisition cost adjusted for depreciation and retained earnings) on an immediate investing partner basis. Sector classifications adhere to NAICS 2017/2022 standards. Confidentiality provisions of the Statistics Act suppress cells where individual corporate identifiers could be deduced.

standards: IMF BPM6,OECD BD4,NAICS 2022 International standard specification Official Statistics Canada international accounts methodology.

Notes

Inward FDI is heavily led by corporate holding companies (NAICS 55: $524.8B, 32.8%) and manufacturing ($258.3B), while outward CDIA is dominated by finance & insurance ($845.1B, 34.8%), with services accounting for 70.6% of inward FDI and 81.8% of outward CDIA.

Validation Checks

ok Canadian direct investment abroad reached $2,428.9 billion CAD by the end of 2025, an increase of $65.9 billion (+2.8%) from 2024

External: $2,428.9 billion CAD (Statistics Canada The Daily (2026-04-29): 'Foreign direct investment, 2025')

Exact match: table reports $2,428,900M CAD for CDIA total book value under Total all industries and Total all countries in 2025.

ok Foreign direct investment in Canada reached $1,600.5 billion CAD by the end of 2025, an increase of $103.0 billion (+6.9%) from 2024

External: $1,600.5 billion CAD (Statistics Canada The Daily (2026-04-29): 'Foreign direct investment, 2025')

Exact match: table reports $1,600,470M CAD for FDI total book value under Total all industries and Total all countries in 2025.

ok Management of companies and enterprises was the largest recipient of foreign direct investment in Canada in 2025 at $524.8 billion CAD (32.8% of total inward FDI)

External: $524.8 billion CAD (32.8%) (Statistics Canada The Daily (2026-04-29): 'Foreign direct investment, 2025')

Exact match: table reports $524,847M CAD for NAICS 55 under FDI total book value in 2025 (524,847 / 1,600,470 = 32.79%).

ok Finance and insurance was the primary destination for Canadian direct investment abroad in 2025 at $845.1 billion CAD (34.8% of total outward CDIA)

External: $845.1 billion CAD (34.8%) (Statistics Canada The Daily (2026-04-29): 'Foreign direct investment, 2025')

Exact match: table reports $845,069M CAD for NAICS 52 under CDIA total book value in 2025 (845,069 / 2,428,900 = 34.79%).

ok Manufacturing was the second-largest sector for foreign direct investment in Canada in 2025 at $258.3 billion CAD (16.1% of total inward FDI)

External: $258.3 billion CAD (16.1%) (Statistics Canada The Daily (2026-04-29): 'Foreign direct investment, 2025')

Exact match: table reports $258,253M CAD for Manufacturing [31-33] under FDI total book value in 2025 (258,253 / 1,600,470 = 16.14%).