Canada's top business executives urge pension funds to ramp up domestic investments [Reuters]
Canadian Natural Resources Limited (CNQ)
Last canadian natural resources limited earnings: 3/5 05:00 am
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Source: Reuters
counterparts on Wednesday, urging the need to address the decline in domestic investments by pension funds. "We are concerned with the decline in Canadian investments by pension funds and its impact on the Canadian economy. Millions of Canadians have contributed to their pensions with wages earned in Canada," the letter said. The country's pension funds have cut holdings of publicly-traded Canadian companies to less than 4% of total assets at the end of 2023 from 28% at end-2000, it added. Prominent signatories of the letter included National Bank of Canada's (NA.TO) , opens new tab CEO Laurent Ferreira, Rogers Communications' chief executive Tony Staffieri and Canadian Natural Resources' (CNQ.TO) , opens new tab Vice-Chairman Tim McKay. Pension funds are key to a country's economy, as they hold substantial assets comparable with banks, which are invested across classes including debt, equity and alternatives. The returns provide retirement income and support finances of the a
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News
- 3 Leading Canadian Dividend Stocks Yielding Up To 6.7% [Yahoo! Finance]Yahoo! Finance
- Canadian Natural Resources (CNQ) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- These stocks are driving TSX returns this year [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- 3 Canadian Dividend Stocks Offering Yields From 3.9% To 8.6% [Yahoo! Finance]Yahoo! Finance
- Canadian Natural Resources Limited (NYSE: CNQ) was downgraded by analysts at Desjardins from a "buy" rating to a "hold" rating.MarketBeat
CNQ
Sec Filings
- 3/20/24 - Form 40-F
- 3/20/24 - Form 6-K
- 3/8/24 - Form 6-K
- CNQ's page on the SEC website