Canada

CANADA - British Columbia Investment Management Corporation (bcIMC) has bought Delta Hotels for an undisclosed amount.

CANADA - Ken Georgetti, the president of the Canadian Labour Congress has warned the federal government to ensure pension assets were safe following the crisis in the asset-backed commercial paper (ABCP) market.

CANADA - Pension funds are pushing the country's move into foreign bond markets, according to a Greenwich Associates' fixed income survey.

CANADA - The Canadian Pension Plan (CPP) Investment Board has committed US$125m to a joint venture sponsored by a real estate private equity firm.

CANADA - The consortium including the Ontario Teachers Pension Plan (OTPP) moved a step closer to acquiring Bell Canada Enterprises (BCE) as shareholders voted overwhelmingly in favour of the deal.

CANADA - Claude Lamoureux will retire as president and CEO of the Ontario Teachers' Pension Plan (OTPP) at the end of the year. He will be replaced by Jim Leech.

CANADA/NEW ZEALAND - The Canadian Pension Plan (CPP) has signalled its intention to submit a proposal to acquire a minority stake in Auckland International Airport Limited (AIAL).

CANADA - The Ontario Teachers' Pension Plan (OTPP) has completed a deal to buy 50.8% of a Chilean water company for C$356.5m (US$340m).

CANADA - The Canada Pension Plan (CPP) has committed €400m (US$539.4m) to the ProLogis European Properties Fund II in an effort to build up its real estate allocation.

CANADA - The National Bank promised it would acquire C$2bn in Asset Backed Commercial Paper (ABCP) to relieve client uncertainties.