In related news: https://www.theglobeandmail.com/investing/personal-finance/retirement/article-canadian-investors-us-stocks-sun-life/
Canadian investors divested from U.S. equity funds in the first quarter at the highest rate since the start of the pandemic, moving their money into more conservative investments, according to a new report from Sun Life SLF-T. But people aren’t cashing out. Overall withdrawal rates remained stable, suggesting that investors are staying committed to their long-term savings.