Canada’s Public Market Has a Pension Problem, Desjardins Says

Mark Wiseman, former chair of AIMCo and former CEO of CPPIB, joins BNN Bloomberg to talk about the role of pension plans in attracting capital to Canada.

The country’s largest pension manager, Canada Pension Plan Investment Board, had 12% of its capital invested in domestic assets as of March, compared with 70% in 2001, when the board was a relatively new entity and Canada had rules that capped pension funds’ investments in foreign assets. Just 8% of CPPIB’s active equities portfolio was in Canadian stocks as of March 31.

At Freeland’s request, former Bank of Canada Governor Stephen Poloz is now looking at ways to entice pension managers to do exactly that. For Carrier, conversations around go-private transactions are “always a little bit depressing,” because he believes privatization portends a lack of participants in the public market. When Canadian companies can’t access the right kind of capital and can’t achieve proper valuations, Carrier said, the door opens to aggressive acquisition offers, often from foreign companies.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Nvidia, crypto space, money market flows: Market TakeawaysUS stocks (^DJI, ^IXIC, ^GSPC) charged into positive territory today, with the S&P 500 and Dow Jones Industrial Average notching brand new record highs...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Asian shares gain as China releases plan for market supportBANGKOK (AP) — Asian shares have mostly gained after China’s central bank released plans for supporting the stock market through share repurchases by...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Market movers: Stocks seeing action on TuesdayA survey of North American equities heading in both directions
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »