Canada opens its borders

Historically the Canadian bond market has not been amongst the global capital markets' top performers, generating meagre returns of between 2% and 3%. A still-slowly maturing local bond market that is being held back by non-centralised regulatory procedures and a traditionally conservative investor nature can partly explain this.

On the supply side, investors have been left with slim pickings in their hunt for new ways to diversify their portfolios as local financial institutions, government

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