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EconomicCanada·Unpinned18 Oct 2026

Canada's U.S. Treasury debt holdings rise to $465 billion

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Canada's holdings of U.S. Treasury debt reached $465 billion in August 2026, a significant increase from $169 billion five years prior. Experts including former Treasury official Brad Setser suggested that this surge reflected China’s practice of using non-U.S. custodial banks in countries like Canada and Belgium to manage its assets. While official U.S.…

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Fortune
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