Canada

CANADA - Richard Guay has been promoted to the newly-created position of CIO at the C$122bn Caisse de dépôt et placement du Québec.

CANADA - The Canadian Office of the Superintendent of Financial Institutions (OSFI) has warned it is likely to place more private pension plans on its watch list after pressure on pension fund solvency deficits increased.

CANADA - Canadian Union of Public Employees (CUPE) president Sid Ryan has accused Ontario premier Dalton McGuinty of "forcing fights" on pensions.

CANADA - The Canada Pension Plan (CPP) Investment Board has become the first Canadian member of the Enhanced Analytics Initiative - a band of asset managers and pension funds who aim to encourage investment research that considers the impact of extra-financial...

CANADA - The future pension benefits of the Ontario Teachers' Pension Plan (OTPP) are now 77% funded, down from 84% in 2005, despite delivering an annual investment return of 17.2%.

CANADA - The C$41bn Ontario Municipal Employees' Retirement System (OMERS) returned 16% in 2005 and earned C$5.5bn net income, but could not prevent its actuarial deficit trebling to $2.8bn.

CANADA - The Association of Municipalities of Ontario (AMO) said the passage of controversial Bill 206, aimed at providing at supplemental pension benefits for OMERS members, would impose extra costs on municipal budgets and tax payers.

CANADA - A last minute concession over the controversial pension Bill 206 avoided a Canadian Union of Public Employees strike scheduled to begin at midnight last night.

CANADA — The Canadian government has signed an international Social Security Agreement with Japan that will impact pension contributions paid by Canadian companies operating in Japan.

CANADA - A number of Canadian worker's unions have called on the Ontario government to stop the "discriminatory and unfair" Bill 206, just days after the Ontario Municipal Employees' Retirement System (OMERS) moved to dispel fears the Bill would harm...