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Canadian pensions' crypto concerns may be misplaced

Lucas Cacioli
Two of Canada’s largest pension funds are still reeling from their losses in fraudulently managed crypto exchanges and have sworn off the sector. Some experts believe the funds simply bet on the 'wrong horses.'
Canadian pensions' crypto concerns may be misplaced

Global pension funds such as Ontario Teachers' Pension Plan and Caisse de dépôt et placement du Québec (CDPQ) are turning away from cryptocurrency investments after recent high-profile failures in the sector, yet some experts believe the problem is about a lack of due diligence when making bets in a nascent industry.

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