Les Leyne: B.C.'s new $500M investment fund will be 'patient' and a bit secretive

Philippines News News

Les Leyne: B.C.'s new $500M investment fund will be 'patient' and a bit secretive
Philippines Latest News,Philippines Headlines
  • 📰 timescolonist
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 75%

The fund is explicitly barred from investing in narcotics, illegal substances or arms.

B.C.’s newest Crown corporation, the 29th, opened for business last week, two years after the idea was hatched.

Companies involved in countries subject to sanctions or that are subject to claims by the province are also off-limits. He wrote an open letter saying that, with a half-billion in play, the corporation should be subject to transparency and accountability standards. Worries about political influence are partially offset by a unique section in the bill that explicitly instructs the chief investment officer to ignore everyone.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

timescolonist /  🏆 15. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meet the candidates running to be Kelowna’s mayor - Okanagan | Globalnews.caMeet the candidates running to be Kelowna’s mayor - Okanagan | Globalnews.caRunning to be mayor in the biggest city in B.C.'s Interior are incumbent Colin Basran plus challengers Tom Dyas, Dave Habib, Glendon Smedley and Silverado Socrates.
Read more »

Les Leyne: NDP leadership power play not exactly democraticLes Leyne: NDP leadership power play not exactly democraticIt’s time for the NDP to put up or shut up.
Read more »

B.C.'s online system to reserve camping and recreational sites proves popular with usersB.C.'s online system to reserve camping and recreational sites proves popular with usersBC Parks site draws more than 317,000 users
Read more »

B.C.'s dry, hot weather to continue for weeks, says meteorologistB.C.'s dry, hot weather to continue for weeks, says meteorologistA high-pressure system dominating much of B.C. will continue to deflect Pacific storms into Alaska and Yukon.
Read more »

B.C.'s dry, hot weather to continue for weeks, says meteorologistB.C.'s dry, hot weather to continue for weeks, says meteorologistA high-pressure system dominating much of B.C. will continue to deflect Pacific storms into Alaska and Yukon.
Read more »



Render Time: 2025-04-12 07:03:26