January 30, 2025
In one of its last acts before the prorogation of Parliament, the federal government announced that it plans to eliminate the rule limiting investments in Canadian entities by pension funds at 30 per cent of the voting shares.
The government stated that this will make it easier for Canadian pension funds to make significant investments in Canadian entities.
As part of the regulatory amendment process, the federal government said it will consult with provinces on the treatment of provincially regulated pension plans.
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