North America

CANADA - The investor group led by the Ontario Teachers' Pension Plan (OTPP) has an had its deadline extended for the filing of documents relating to the acquisition of Bell Canada Enterprises (BCE).

CANADA - The rush to DC has slowed in the last year and CFOs have become more optimistic about the pensions crisis, according to Watson Wyatt and Conference Board of Canada.

The Ontario Teachers' Pension Plan (OTPP) faces legal action from spurned bidder Catalyst Asset Management after the takeover of Bell Canada Enterprises (BCE) by the consortium led by the Canadian pension plan was approved.

CANADA - Class action shareholder litigation against Biovail Corporation, brought by the Canadian Commercial Workers Industry Plan, has been settled.

CANADA - A legislated contribution rate of 9.9% from year 2010 is enough to pay future expenditures and to accumulate assets worth CAD$235bn (US$233.5bn) in 2015, the latest Actuarial Report for the Canada Pension Plan has revealed.

CANADA - A softer Canadian dollar prevented local pension funds being harder hit by falling global equity markets, according to RBC Dexia.

CANADA - The C$120bn Canada Pension Plan Investment Board (CPPIB) has become the latest in a growing number of institutional investors allocating funds to clean technology, with a US$200m investment in US-based wind power firm Noble Environmental Power....

CANADA - The long running bid by the Ontario Teachers Pension Plan (OTPP) to acquire Bell Canada Enterprises (BCE) has met with final regulatory approval.

CANADA - The Canadian Post Registered Pension Plan outperformed its benchmark by 1.8% to produce a return of C$236m, taking the fund value to C$14.6bn (US$14.4bn) in 2007.

CANADA - The C$120bn (US$118bn) Canada Pension Plan Investment Board (CPPIB) has invested US$200m in US-based wind energy firm Noble Environment Power (Noble).