Let me guess, the first “entity” a Canadian Pension fund takes majority control of will be some slimy oil interest. 🤮
In fact, I will go straight out on that limb and say it will be Trudeau’s Transmountain Boondoggle Climate Killer.
If it is my pension fund doing the buying you may hear the screams for miles….
https://www.cbc.ca/news/politics/canadian-pension-fund-cap-1.7410049?cmp=rss
#tmx #cdnpoli #canpoli #noTmx #ClimateEmergency #pension #ethicalInvestment #divest #divestFossilFuels #endFossilFuels
Ottawa to remove investment cap for Canadian pension funds | CBC News
Finance Minister Chrystia Freeland says the fall economic statement being released Monday will remove the cap that currently prevents Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity.