Ottawa to remove investment cap for Canadian pension funds

Finance Minister Chrystia Freeland says the fall economic statement being released Monday will remove the cap that currently prevents Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity.

Ottawa to remove investment cap for Canadian pension funds
Deputy Prime Minister and Finance Minister Chrystia Freeland speaks with reporters in Ottawa, Tuesday, Dec. 10, 2024.

Finance Minister Chrystia Freeland says the fall economic statement being released Monday will remove the cap that currently prevents Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity.