CANADA - The Financial Services Commission of Ontario (FSCO) is reviewing whether to take action against the C$1.2bn (US$987m) Canadian Commercial Workers Industry Pension Plan (CCWIPP), following a two-year probe which found the fund has poured more than C$166m into questionable real estate investments.
The Ontario-based multi-employer union pension plan, which has more than 240,000 members, represents workers in the food industry, two thirds of whom are active members of the United Food and Comme...
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