Nearly half of Canadian pension funds now invested in U.S.
Canada’s largest pension plan invests nearly half of its assets in the U.S. and its share of investments has grown since U.S. President Donald Trump threatened to annex Canada.
Canada’s largest pension plan invests nearly half of its assets in the U.S. and its share of investments has grown since U.S. President Donald Trump threatened to annex Canada.
The Canada Pension Planning Investment Committee confirmed on Wednesday that 47 per cent of its portfolio was invested in the U.S. as of the end of March, maring a 5 per cent increase compared to March of last year.
Over 90 Canadian business executives signed an open letter urging the government to direct the national pension fund toward increased domestic investment in the last year.