CANADA - A legislated contribution rate of 9.9% from year 2010 is enough to pay future expenditures and to accumulate assets worth CAD$235bn (US$233.5bn) in 2015, the latest Actuarial Report for the Canada Pension Plan has revealed.
CANADA - A softer Canadian dollar prevented local pension funds being harder hit by falling global equity markets, according to RBC Dexia.
CANADA - The C$120bn Canada Pension Plan Investment Board (CPPIB) has become the latest in a growing number of institutional investors allocating funds to clean technology, with a US$200m investment in US-based wind power firm Noble Environmental Power....
CANADA - The long running bid by the Ontario Teachers Pension Plan (OTPP) to acquire Bell Canada Enterprises (BCE) has met with final regulatory approval.
CANADA - The Canadian Post Registered Pension Plan outperformed its benchmark by 1.8% to produce a return of C$236m, taking the fund value to C$14.6bn (US$14.4bn) in 2007.
CANADA - The C$120bn (US$118bn) Canada Pension Plan Investment Board (CPPIB) has invested US$200m in US-based wind energy firm Noble Environment Power (Noble).
CANADA - The Ontario Teachers' Pension Plan (OTPP) and Aéroports de Paris (ADP) are to present a joint bid for Prague airport when it is privatised later this year.
CANADA - Canadian pension funds have increased their exposure to foreign assets, but left themselves open to currency risks, a report from Greenwich Associates has revealed.
CANADA - The Canadian Pension Plan Investment Board (CPPIB) has joined a consortium which plans to bid for the chance to start a new wireless company.
CANADA - Quebec Superior Court has ruled the proposed take over of Bell Canada Enterprises (BCE) by a consortium led by the Ontario Teachers' Pension Plan (OTPP) can go ahead.