North America

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...

CANADA - The challenges facing the long term-health and viability of DB plans in Canada has prompted the pension regulator to advise administrators to "review" their plans.

CANADA - The C$122bn Caisse de dépôt et placement du Québec added $19.7bn in net assets in 2005 with a weighted average return of 14.7%.

CANADA - The private investment arm of the C$88bn Ontario Teachers' Pension Plan, Teacher's Private Capital, has committed US$700m to a private equity firm.

CANADA - The C$88bn Ontario Teachers' Pension Plan (OTPP) and several other plaintiffs have agreed in principle on a C$2.75bn settlement with Nortel Networks Corporation regarding two major securities-related class actions.

CANADA - The Canada Pension Plan (CPP) reserve fund returned 10.9% in 2005 to reach a total C$92.5bn at year-end, as it continued to diversify its portfolio.

CANADA - A survey of Registered Retirement Savings Plans (RRSP) showed Canadians had not taken up foreign investments despite the lifting of restrictions on foreign content holding a year ago.

CANADA - Canadian balanced pension funds posted an 11.7% gain for 2005, the third successive double-digit year, according to a survey by BENCHMARK, the investment analytics arm of RBC Dexia Investor Services.

CANADA - Association of Municipalities of Ontario (AMO) president Roger Anderson said the province was rushing a bill which overhauls the management of the Ontario Municipal Employees Retirement System (OMERS) without considering the best interests of...

CANADA - Andree Mercier has returned to Hewitt Associates after being appointed senior consultant.