Trust rules get second lookMinister bends to pressure from pension plans, who accuse Canada of undermining investment in private equity and venture capital Gary Park Petroleum News Calgary Correspondent
Under pressure from pension plans, Canada’s Finance Minister Ralph Goodale has backtracked on his plans to cap the amount pension funds can invest in the country’s booming income trust sector.
Goodale said May 18 he will suspend the changes contained in his March federal budget until he consults wi....
[additional news subjects in this story]
Budget sets limit Pension plan attacks proposal Foreign ownership limited Trusts scooping up assets
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