Canada’s Pension Fund Math Doesn’t Add Up

By Andy Snyder Canada, oh Canada.
The land up north is in the news and in our mailbag this week – both with ideas that make us smile.
We’ll start with the latest word from Canada’s famed pension fund.
It has a big charge. It must turn a lot of money into a whole lot more. And it must do it without going broke in the process.
It’s that last part that apparently has its bosses tossing and turning at night.
This whole zero interest rate thing is really messing with their plans.
The latest worry is what to do with all those oh-so-safe government bonds. Back in the …read more

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