Canada

CANADA - The CAN$52bn (US$48.6bn) Ontario Municipal Employees' Retirement System (OMERS) has bought Canadian analytical laboratory services network Maxxam Analytics International.

CANADA - Trustees of the Canadian Commercial Workers Industry Pension Plan (CCWIPP) are being sued by the Financial Services Commission of Ontario (FSCO) for allegedly failing in the administration and investment of the fund.

CANADA - The pensions industry has been urged to always remember fundamental investment principles such as transparency, as losses from Canadian non-bank asset backed commercial paper (ABCP) become clearer.

CANADA/NZ - Canada Pension Plan Investment Board (CPPIB) and its New Zealand subsidiary, NZ Airport NC (NZANC), are disputing a claim by Auckland Airport for expenses incurred in responding to the pension fund's failed partial takeover bid.

CANADA - Teachers' Private Capital, the private investment arm of the CAN$108bn (US$106bn) Ontario Teachers' Pension Plan (OTPP), has confirmed rumours it has approached a major shareholder of moneysupermarket.com with regards to a possible offer.

CANADA - The CAN$39bn (US$38.8bn) Public Sector Pensions Investment Board (PSP Investments) posted a $450m write down as a result of collateralised debt obligations (CDOs), according to its annual report.

CANADA - Pension plans were lifted into positive territory by rising home-based energy stocks, but their diversified portfolios meant they did not match the country index's gains in the second quarter of 2008.

Canadian pension funds were built to last and appear to be surviving the credit crisis. Elizabeth Pfeuti reports from Toronto on this and how increasing commitment to global assets and SRI will affect funds

CANADA - Risk management is the key to dampen the 'rollercoaster' effect pension plan funding levels have experienced in recent times, according to Watson Wyatt.

CANADA - The consortium led by the Ontario Teachers' Pension Plan (OTPP) has won an appeal to continue with its acquisition of Bell Canada Enterprises (BCE).