Canada

CANADA - Pension funds are increasingly carrying out asset liability modelling (ALM) studies to better understand their risks and find their optimal portfolio following the removal of the foreign property rule, pension consultants have said.

CANADA - Canadian pension funds have started to shy away from real return bonds as continued low interest rates harm their return potential.

CANADA - The funding status remains a heavy burden for many Canadian pension funds as consistently strong returns have failed to curb growing liabilities, industry players have said.

CANADA - The Canada Pension Plan (CPP) fund grew to C$98bn in the year ending 31 March 2006, with 85% of the fund's gains attributed to exceptional equity market performance over the period.

CANADA - The C$41bn Ontario Municipal Employees' Retirement System (OMERS) will more than double its allocation to infrastructure in the coming years.

CANADA - The C$92,5bn Canada Pension Plan has flagged up Socially Responsible Investment (SRI) as an "emerging trend", but industry players have questioned the impact it is likely to have.

CANADA - A high-profile court ruling could see Ontario-based pension plans prevented from using the surplus from their DB schemes to pay contributions into their DC schemes.

CANADA - Following Canada Pension Plan (CPP) Investment Board's $190m real estate investment with RioCan, Canada's largest real estate investment trust at the start of May, CCP will invest a further $100m in a redevelopment of Centre Mall in Hamilton,...

CANADA - Ontario Teachers Pension Plan (OTPP) CEO Claude Lamoureux has accused striking staff of intimidation and refusing a fair offer.

CANADA - The Association of Canadian Pension Management (ACPM) has applauded the government's decision to allow temporary solvency funding relief measures for federally-regulated DB plans, but stressed it had just begun to deal with the challenges facing...