PANews reported on March 29 that according to CoinDesk, the Canadian federal government stated in its new 2023 budget plan that in order to help protect Canadian retirees, the government will require federally regulated pension funds to disclose their crypto asset exposure to the Canadian Financial Supervisory Authority (OSFI). Last year, the Quebec-based pension fund Caisse de Depot et Placement du Quebec said it had written off a $150 million investment in Celsius Network. The Ontario Teachers' Pension Plan also said last year that it would write down its $95 million investment in FTX to zero. In recent months, Canada has been tightening its regulation of the cryptocurrency industry. In February of this year, the Canadian Securities Administrators (CSA) issued new regulations requiring cryptocurrency exchanges operating in the country to comply with "enhanced investor protection commitments."