Canadian Government Pushes Pension Funds Toward Domestic Investment Strategy
Canadian officials are calling on the nation’s massive pension system to prioritize domestic investments. This “Canada First” approach aims to redirect capital toward homegrown projects amid economic challenges.
Economic Nationalism Drives Investment Shift
Canada is reportedly urging its C$3 trillion pension system to increase domestic investments as part of a broader Canada-first economic strategy, according to recent reports. Industry Minister Mélanie Joly told media outlets that this new wave of “economic nationalism” requires financial institutions to support homegrown investments and major infrastructure projects to stimulate the country’s sluggish economy.