The low price of oil and the squeeze it places on the finances of Canada’s energy companies may provide a perfect opportunity for pension funds to make long term investments in the industry.
The low price of oil and the squeeze it places on the finances of Canada’s energy companies may provide a perfect opportunity for pension funds to make long term investments in the industry. Mark Wiseman of the Canada Pension Plan Investment Board, which was an early investor in Seven Generations Energy, says in an interview with Bloomberg that the long-term view that pensions funds take on investments could fit well with the current situation for the energy sector.
