Consideration of Government of Canada’s proposal to remove 30% rule for pension funds, Lexpert

In a recent article for Lexpert.ca, author Brian Sweigman explores how the context has changed both for Canadian pension funds, as global investment leaders seeking to maximize returns for their members, and the Canadian government, seeking to increase domestic investment to boost its economy.

Excerpt from "Consideration of Government of Canada’s proposal to remove 30% rule for pension funds":

Canada’s 2024 federal budget announced a working group to explore how to influence greater domestic investment opportunities for Canadian pension funds, including the removal of the 30% rule for domestic investments. The modification of the 30% rule, which limits the investment of Canadian pension funds in companies, has been considered by prior provincial and federal governments without any changes implemented.

To read the full article, click here.