There are ways to “go around” the proposed laws and keep capital in the U.S., even if U.S. president Donald Trump’s budget bill, which would increase taxes on certain non-U.S. residents and entities investing in the country, passes into law, Charles Emond said. (The Logic)
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There are ways to “go around” the proposed laws and keep capital in the U.S., even if U.S. president Donald Trump’s budget bill, which would increase taxes on certain non-U.S. residents and entities investing in the country, passes into law, Charles Emond said. (The Logic)
Talking point: The Caisse de dépôt et placement du Québec would likely trim its U.S. portfolio, though it would continue investing in the U.S., given the excellent returns, Emond added. Meanwhile, Emond, who has served as CEO of Quebec’s public pension fund manager since 2020, said the Caisse will look very carefully at the defence industry in the wake of the federal government’s increased defence spending, from which Quebec’s aeronautics sector stands to benefit.
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