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Canadian Pension System’s Divestment of Canadian Equities.
This situation has many implications for economic growth and should be a major policy concern for Canadians and our government.
The Canary in the coal mine.
Open Letter In Depth News Articles

Founded in 1987, Letko, Brosseau & Associates Inc. is an independent investment manager with offices in Montreal, Toronto and Calgary. The firm manages funds for both institutional investors and private clients.
Our aim is to safeguard and responsibly grow the assets that our clients have entrusted to us. We are committed to acting ethically, always serving clients’ interests.
About Letko Brosseau
Au cours des derniers mois, nous avons souligné que les valorisations élevées et les prévisions de bénéfices particulièrement optimistes dans certains segments des marchés boursiers représentaient un risque important pour nos perspectives, surtout dans un environnement marqué par une incertitude persistante liée aux tensions géopolitiques et commerciales. […]
Over the past several months, we have highlighted that elevated valuations and aggressive earnings estimates across segments of equity markets represented a key risk to our outlook, particularly in an environment characterized by persistent geopolitical and trade-related uncertainty. […]
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