Finance Minister Chrystia Freeland says the upcoming fall economic statement on Monday will remove the cap that currently restricts Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity.
Ottawa is also introducing measures such as launching a fourth round of the Venture Capital Catalyst Initiative with $1 billion in funding available in 2025-26, providing up to an aggregate of $1 billion to invest in mid-cap growth companies, and unlocking up to $45 billion in aggregate loan and equity investments for certain AI data centre projects.
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Ottawa to remove 30% investment cap for Canadian pension fundsFinance Minister Chrystia Freeland says the upcoming fall economic statement on Monday will remove the cap that currently restricts Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity.
Herkunft: CTVNews - 🏆 1. / 99 Weiterlesen »
Ottawa to remove 30% investment cap for Canadian pension fundsFinance Minister Chrystia Freeland says the upcoming fall economic statement on Monday will remove the cap that currently restricts Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Ottawa to remove investment cap for Canadian pension fundsFinance Minister Chrystia Freeland says the upcoming fall economic statement on Monday will remove the cap that currently restricts Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity.
Herkunft: CTVNews - 🏆 1. / 99 Weiterlesen »