North America

Canadian pension funds were built to last and appear to be surviving the credit crisis. Elizabeth Pfeuti reports from Toronto on this and how increasing commitment to global assets and SRI will affect funds

CANADA - Risk management is the key to dampen the 'rollercoaster' effect pension plan funding levels have experienced in recent times, according to Watson Wyatt.

CANADA - The consortium led by the Ontario Teachers' Pension Plan (OTPP) has won an appeal to continue with its acquisition of Bell Canada Enterprises (BCE).

CANADA/ITALY - The CAN$30bn (US$29.4bn) Hospitals of Ontario Pension Plan (HOOPP) and two other large investors have acquired 85% of Italian motorbike manufacturer Ducati.

CANADA - The CAN$108bn (US$106bn) Ontario Teachers' Pension Plan (OTPP) has subscribed for an additional convertible debenture in Railpower Technology Group worth $20m.

CANADA - A call for a national summit on pensions has been welcomed by the Association of Canadian Pension Management (ACPM).

CANADA - Henri-Paul Rousseau, president and CEO of the CAN$155bn (US$155bn) Caisse de dépôt et placement du Québec (Caisse), has announced he is to step down from his position, to pursue opportunities in the private sector.

Sovereign wealth funds, private companies and new money from emerging market economies may be pushing pensions out of the frame for lucrative infrastructure investments.

CANADA - The Royal Bank of Canada (RBC) has announced CAN$855m (US$853m) in pre-tax write downs for the last quarter.

CANADA - The Alberta Investment Management Corporation (AIMCo) board has appointed Leo de Bever as CEO.