Canada pension fund manager cries foul over Saskatchewan farm review

April 13, 2015 9:41 PM

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TORONTO, April 13 (Reuters) - The Canada Pension Plan Investment Board (CPPIB), the country's largest pension fund manager, said on Monday it is concerned about the Saskatchewan government's decision to temporarily ban certain institutional investors from buying farmland in the province.

The western province said on Monday it plans a review of farmland ownership rules under the Saskatchewan Farm Security Act. Pension plans and other institutional investors will be unable to purchase farmland in Saskatchewan while the review is ongoing. No completion date was given for the review.

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