The Pension Investment Association of Canada and the Association of...

The Pension Investment Association of Canada and the Association of Canadian Pension Management want the Ottawa government to abolish its 30% foreign content limit on retirement savings plans. The two groups said a new study indicates that eliminating the limit would benefit Canadian businesses and not hurt the Canadian dollar. Keith Ambachtsheer, president of ACPM, said "only good things, not bad things, would happen from the repeal of the rule.”