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'Buy Canada' Pressure Builds on $1.6 Trillion in Pension Cash


Published on 2025-03-11 12:40:58 - Bloomberg
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  • US President Donald Trump's back-and-forth tariff threats are galvanizing an "invest in Canada" movement that's prodding pensions to keep more of their cash at home.

The article from MSN discusses the growing pressure on Canada's major pension funds, which collectively manage $1.6 trillion, to invest more domestically. Amidst economic challenges like high interest rates, inflation, and a potential recession, there is a call for these funds to bolster the Canadian economy by investing in local infrastructure, housing, and other sectors. This push comes from various stakeholders including politicians, business leaders, and the public, who argue that such investments could stimulate economic growth and address critical issues like housing affordability. However, pension fund managers are cautious, prioritizing the financial returns and security of their beneficiaries over national economic considerations. The debate highlights a tension between national economic interests and the fiduciary duties of pension funds to maximize returns for their members.

Read the Full Bloomberg Article at:
[ https://www.msn.com/en-us/money/other/buy-canada-pressure-builds-on-1-6-trillion-in-pension-cash/ar-AA1AGpcW ]