Should Canadian Pension Funds Cushion the Blow of a Trade War?

James Thai, co-founder and portfolio manager at Advantage Capital Strategies Group, a Toronto-based sustainable investing firm wrote an op-ed for the Globe and Mail stating in this trade war, pension funds should also buy Canadian: Recently, during my visits to the local grocery store, I’ve observed a recurring trend: Shoppers picking up a product, peering closely at the label and then putting it back with a frown or wrinkled nose. I can tell what they’re thinking: That’s not made in Canada! I’ll exchange a knowing nod to acknowledge we’re doing our part as consumers to fight back against an economic attack on our country. Now it’s time for our country’s world-class pension funds to do the same. It is the perfect time to put that American stock back on the shelf and buy Canadian. This isn’t a new idea. At the beginning of March, 2024, an open letter by executives pushed for our pension funds to invest more in Canada. Across a wide range of industries, business leaders suc...