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BREAKING Ottawa to remove 30% investment cap for Canadian pension funds

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.

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Firefighters work at a home devastated by the Franklin Fire in Malibu, Calif., Wednesday, Dec. 11, 2024. (AP Photo/Jae C. Hong)
Visitors take a photo next to a Christmas display at Meralco Liwanag Park in Pasig City, Philippines on Wednesday Dec. 11, 2024. (AP Photo/Aaron Favila)
U.S. President-elect Donald Trump has picked a number of long-time aides and staunch loyalists for roles in his second administration.

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