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2002 December Report of the Auditor General of Canada

December 2002 Report—Chapter 11

Exhibit 11.5—Canadian direct investment abroad

Top 10 countries
for investment in 2001

Invested in 2001
($billions)

Invested in 1990
($billions)

Increase
(percentage)

United States

198.4

60.0

231

United Kingdom

38.3

13.5

184

Barbados

23.3

1.5

1,453

Netherlands

10.9

1.5

627

Bahamas

7.9

2.0

295

Bermuda

7.5

1.8

317

Ireland

7.4

1.3

469

Japan

6.4

0.9

611

Chile

5.6

0.3

1,767

Brazil

5.6

1.7

229

Total amount invested in all other countries

87.1

13.9

527

Total amount invested abroad for all countries

398.4

98.4

305

 

Note: Countries in italics are often referred to as tax havens. Certain dividends from Barbados, the Netherlands, and Ireland can enter Canada tax-free.

Source: Statistics Canada