The Globe and Mail reports in its Friday edition that Ottawa and Ontario are embracing efforts to spur Canada's largest pension funds to invest more in the country, but are stopping short of endorsing rule changes advocated by a group of influential business leaders. The Globe's James Bradshaw and Andrew Willis write that on Wednesday, more than 90 business leaders at some of the country's largest companies signed an open letter that urges finance ministers to encourage more domestic investment. The letter is the latest salvo in a campaign to push political leaders to steer more of the trillions of dollars that pension funds invest on behalf of retirees into Canadian investments, particularly to public stock markets, but also private investments in infrastructure and real estate. It has drawn sharp pushback from some pension executives who argue that any system that directs more investment to Canada would cloud the clear mandate that pension funds have to earn the best returns for their members and pay pensions on time. Federal Finance Minister Chrystia Freeland and Ontario Finance Minister Peter Bethlenfalvy both said in separate statements that they are eager to see Canada's major pension funds invest more in Canada.