Ottawa to remove investment cap for Canadian pension funds

  • 📰 TerraceStandard
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

It currently restricts pension funds from owning more than 30% of the voting shares of a Canadian entity

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: CTVNews - 🏆 1. / 99 Read more »

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.
Source: SooToday - 🏆 8. / 85 Read more »

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.
Source: CTVNews - 🏆 1. / 99 Read more »