India replaces China as the second-largest destination for Canadian pension funds in the region
Canadian pension fund investment in Asia Pacific has plunged in recent years, partly due to the cease in investment in China, according to a Vancouver-based think tank.
Pension funds took up about 30 per cent of all Canadian investment flows in the Asia Pacific from 2003-23. However, investment peaked in 2021 at $22 billion and declined to $2.6 billion in 2023, according to the Canadian Pension Fund Investments in the Asia Pacific report…