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Canadian foreign direct investment (FDI) in Singapore has slowly but steadily climbed over the past ten years, totalling $5.1 billion in 2002. An estimated 70 Canadian businesses have established operations in Singapore. While most of the Canadian investment in Singapore is in the form of regional offices in services sectors such as banking and insurance, Canadian firms in the information and communications technology, aerospace, tourism, environmental and retail sectors also have a presence. Singapore is an important capital exporter (it had a total stock of investment abroad of $220 billion in 2001), but its FDI holdings in Canada were only valued at $130 million that year. Canada-Singapore FDI activity since 1993 can be found in Table 4 of the Appendix.
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