ETFGI, an independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, has reported that the ETFs industry in Canada suffered net outflows in June 2022 after 35 months of consecutive net inflows.

ETFs listed in Canada suffered net outflows of US$644 million during June, bringing year-to-date net inflows to US$15.28 billion.

During the month, Canadian ETF assets decreased by 6.3%, from US$260 billion at the end of May to US$243 billion, according to ETFGI's June 2022 Canadian ETFs and ETPs industry landscape insights report. 

At the end of June 2022, the Canadian ETF industry had 1,014 ETFs, with 1,283 listings, assets of $243 Bn, from 42 providers on 2 exchanges, says ETFGI.