Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Seeker of Truth who wrote (51793)	7/26/2004 1:08:59 AM
From: Taikun	Respond to of 74559

I am interested in whether on not the pension funds will invest over the caps Ottawa put in place. Basically the funds have been telling the provinces "We're underfunded and can't meet our obligations to beneficiaries without investing more in the trusts". The provinces have been saying they need Ottawa to raise the caps. If they do, the trusts will take off. It is unfortunate the Federal gov't just looks at the money they forgo on lost tax revenue instead of how the trusts have helped grow business in Canada. How well would these companies be without the up to 50% participation by non-residents? What about Bay Street and all the lawyers and accountants and bankers? Sometimes it is such a myopic view.