Alberta, Canada’s wealthiest province, will issue more debt and dip into savings to overcome reduced revenue tied to the price gap between the oil it produces and world crude prices.
Showing posts with label Canadian government. Show all posts
Showing posts with label Canadian government. Show all posts
Tuesday, January 22, 2013
Friday, March 30, 2012
Canada To Allow Wealth Funds To Invest In Its Financial Institutions
OTTAWA -(Dow Jones)- The Canadian government said Thursday it plans to introduce legislation to allow foreign and domestic sovereign wealth funds to invest in Canadian financial institutions, a move which would allow banks and insurance companies to raise capital to meet new Basel banking rules.
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