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Stock impact report

Canada Taps Ex-BOC Governor to Examine How Pension Funds Invest [Financial Post (Toronto, Ontario, Canada)]

Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS) 
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am Check Earnings Report
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Canada's finance minister has asked former central bank governor Stephen Poloz to examine ways to entice its pension funds to invest more in the country. Poloz will lead a “working group” that will look at what it will take to get Canadian pensions to put more of their capital into domestic opportunities – including housing development, venture capital and infrastructure such as airports, the government said in budget documents Tuesday. Article content Article content Large public pension managers including the Canada Pension Plan Investment Board have few restrictions on where they can invest. Over time, they've made a huge swing into foreign markets, seeking better returns and greater diversification. That shift has spurred debate within the country. Last month, more than 90 business leaders, including current and former CEOs, signed an open Show less Read more
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