Removal of foreign content limits may mean suitability requirements have to be updated
Says decision has benefits for all Canadians
Fund companies waiting for budget to pass
Funds may seek opportunities in foreign bonds
Federal surplus projected to grow despite increase in spending
MPs called to hold government to account
The Canadian Bankers Association commended the federal government for announcing three measures in the 2005 budget, which it says enhance the efficiency of Canadian financial markets.The CBA says it welcomes the federal government’s decision to proceed with a review of Canada’s financial services legislation and policy framework, which includes the Bank Act.“We are delighted that […]
Applauds measures to spur investment and productivity
The Association of Canadian Pension Management (ACPM) says it applauds the federal government’s proposal to eliminate the current 30% ceiling on foreign investments by Canadian pension funds and to increase the annual contribution limits for RRSPs and registered pension plans.The federal budget, table yesterday, proposes that the 30% foreign property limit on pension investments be […]
Program spending a concern