Federal Government Proposes Changes to 30 Percent Rule to Spur Pension Investment Within Canada
By EsqSocial Corporation 23/12/24
Canada’s federal government announced it intends to remove the “30 percent rule” for investments by domestic pension funds in Canadian entities. The change is part of the Fall Economic Statement that was released on December 16, 2024. Canadian pension funds have over $3 trillion in assets and are renowned as some of the best-managed in the world. The recent announcement aims to create a more attractive pension investment environment in Canada....
By: Bennett Jones LLP