Canada Takes Bold Step: 30% Stake Limit for Pension Fund Investments to be Eliminated
10 days ago
In a significant shift aimed at invigorating the financial landscape, Canada has announced its plan to abolish the long-standing 30% limit on stake ownership for pension fund investments. The decision comes in light of governmental efforts to enhance financial growth and investor confidence across the nation. This policy change signals a progressive move toward facilitating more robust capital influx into various sectors, aiming to diversify and strengthen the economy.
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