Canada Talks Up Pension Funds’ Assets as Lever in US Trade Talks

Canada’s major pension funds could boost their investments in the US, a top Canadian cabinet minister said, as the country looks to negotiate a trade agreement with the Trump administration.

Dominic LeBlanc, the minister responsible for US trade, is in Washington for talks with US lawmakers. He brought up Canada’s pension funds when asked if President Donald Trump will seek a specific pledge for more investment into the US.

“If they’re looking for countries that invest massively in the United States, that’s great news for Canada,” LeBlanc said in Washington after the meetings. “Our pension funds alone have over ...