News Snapshot:
It’s time to ask a rude question: Is Canada still worth investing in? Before you rush to deliver an appropriately patriotic response, think about the issue for a moment. A good place to begin is with the federal government’s announcement this week that it is forming a task force under former Bank of Canada governor Stephen Poloz. The task force’s job will be to find ways to encourage Canadian pension funds to invest more of their assets in Canada. Wooing pension funds has become a high-priority matter for Ottawa because, at the moment, these big institutional investors don’t invest all...