December 2020

Canada’s Largest Pension Says Inflation Could Rise in Rebound

By Paula Sambo Canada’s largest pension fund says policy measures across the globe to address the Covid-19 pandemic could fuel inflation after years of under-inflation while also spurring a rebound in employment and business investment. “We’re keeping an eye on this because central banks have adjusted frameworks,” Mark Machin, chief executive officer of Canada Pension Plan Investment Board, said in an interview Tuesday. “There is also the risk of a wall of money in savings accounts -- $13 trillion...