Liberals put growth fund in pension plan board's hands cdnpoli
Advertisement 5It will also be allowed to invest in contracts for difference, a term that would allow the fund to backstop companies that are worried about a future drop in the price of carbon credits.
Hamilton said while PSP investments is arms length on paper it does have a pretty direct tie to the government that will be difficult for it to ignore if it moves away from their focus. A backgrounder the government has provided on the Growth fund said it will fund carbon reducing technology that hasn’t yet been widely adopted, companies that are in early stages of development with less mature technologies and low-carbon natural resource development.
“We got to get this up and running fast. We need to figure out how we’re going to do this properly. And to do this properly. We need to have the governance structure and people with the expertise to deploy these funds properly,” he said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Liberals put growth fund in pension plan board's handsThe growth fund will be able to make direct equity investments in green companies and offer them debt
Read more »
Liberals’ political will on pharmacare questioned as minister promises progressHealth Minister Jean-Yves Duclos says the government’s plans for pharmacare are moving forward, but experts who study government drug plans suggest the Liberals may have lost the political will to take bold steps toward a national program.
Read more »
Liberals' political will on pharmacare questioned as minister promises progressOTTAWA — Health Minister Jean\u002DYves Duclos says the government’s plans for pharmacare are moving forward, but experts who study government drug plans suggest…
Read more »
As economy slows, Liberals push off EI reform over worries it could drive up premiumsOTTAWA — The Liberal government left employment insurance reform out of the federal budget this week over concern that reforming the program amid a slowing…
Read more »
Liberals' political will on pharmacare questioned as minister promises progressProgress on pharmacare is one of the conditions of the confidence-and-supply agreement the NDP entered with the Liberals last year
Read more »
As economy slows, Liberals push off EI reform over worries it could drive up premiumsThe Liberal government left employment insurance reform out of the federal budget this week over concern that reforming the program amid a slowing economy could drive up premiums for workers and employers.
Read more »