TERMIUM Plus^®

Fiche 1,  Justifications,  Anglais

Record number: 1, Textual support number: 1 CONT

Generally, under current federal and provincial legislation, insurance and pension institutions can only invest in companies that have four to five years of positive earnings or four to five years of dividend payout. The provisions vary from province to province, but in all cases companies that meet those performance criteria - known as "legal-for-life" companies - presumably have sound financial histories that are deemed safe for life insurance companies to invest in. The federal government, however, plans to do away with the legal-for-life requirement and replace it with new "prudent portfolio" rules to guide the investment practices of insurance and pension fund managers.  1, fiche 1, Anglais, - legal%2Dfor%2Dlife%20company

Fiche 1,  Justifications,  Français

Fiche 1,  Justifications,  Espagnol