Canadian pension plans are expected to boost their U.S. and international equity allocations over the next two years in response to the governments 2005 lifting of caps on foreign investment, according to a survey by MFC Global Investment Management. Out of 148 fund officials interviewed earlier this year, 53% said they expect to alter their Canadian equity allocations, and nearly one-third intend to increase their international equity exposure. While 18% of respondents plan to increase their U.S. equity allocations, 13% expect to reduce them. Also, more than 25% said they will reduce Canadian fixed-income allocations in favor of U.S. fixed income. Canadian pension plans have an average 56% of assets in equities, 41% in fixed income and 3% in real estate and other alternative investments.