Infrastructure investment supports Canada

To remain competitive globally, Canada has to invest more in domestic long-term projects, such as infrastructure and renewable energy initiatives.

That’s the main message of the Canadian Life and Health Insurance Association’s (CLHIA) new report on the role of our nation’s institutional investors.

Read: Building concrete portfolios

“Governments [must] continue to focus on…[innovative] industries that can support…Canada’s long-term objectives,” says Frank Swedlove, president of CLHIA.

For its part, the life insurance industry chooses vehicles such as government and corporate bonds, infrastructure and green energy. It also focuses on mutual funds (about $140 billion), equities (about $93 billion), mortgages (about $42 billion) and real estate ($18.5 billion).

Read:

Actively manage infrastructure investments

Use alternatives to boost retirement portfolios

The future of green bonds is bright

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.