Canada

CANADA - The final regulations for temporary funding relief of federally regulated defined benefit plans was today released by Jim Flaherty, minister of finance.

CANADA - The Ontario Teachers' Pension Plan (OTPP) said it welcomed the new tax on income trusts as it does not discriminate against pension funds, although it does raise the dividend tax rates for pension funds.

CANADA - Canada is to permit income splitting for pensioners beginning next year as it bids to strengthen its social security system, Jim Flaherty, Minister of Finance, announced yesterday.

CANADA - A rally planned by five Nova Scotia unions was postponed after a tentative agreement in a major pensions dispute was reached between the unions and the Nova Scotia Association of Health Organizations.

CANADA - The C$122.2bn Caisse de dépôt et placement du Québec (Caisse) is set to purchase a $9m equity interest in Immunotec Research, a marketer of health products.

CANADA - The Ontario government should take advantage of growing infrastructure demand from pension funds and the current low interest rate environment to promote private and public infrastructure partnerships, said David Dodge, governor at the Bank of...

CANADA - The Office of the Superintendent of Financial Institutions (OSFI) has appointed Robert Hanna as acting assistant superintendent for the regulation sector.

CANADA The C$96bn Ontario Teachers' Pension Plan (OTPP) has called for the share dilution that resulted from certain mergers to require shareholder approval.

CANADA - Standard Life Investments has taken over management of the C$275m Standard Life Canadian Pooled Real Estate Fund (PREF) from Standard Life Canada, in a bid to better target the lucrative Canadian pension market.

CANADA - Deputy superintendent Julie Dickson has officially taken over as acting superintendent of Financial Institutions following Nicholas Le Pan's departure.