AMO hits out at OMERS Bill
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.
AMO said the Bill’s 2.33% accrual rate benefit alone would cost property tax payers C$50m a year by the time it had worked its way into collective agreements across the Province. AMO president Roger Anderson...
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Pension funds keep Canadian M&A activity afloat
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Canadian longevity risk transfer market could hit $20bn
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OTPP, Illinois TRS invest in NXT Capital
CANADA/US - Teachers' Private Capital, a unit of the C$107.5bn ($106.4bn) Ontario Teachers' Pension Plan, and the $37.3bn Teachers' Retirement System of the State of Illinois have made equity investments to finance company NXT Capital.
Canadian funds post sharpest loss since 2008
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CPPIB and Oxford Properties build new RBC headquarters
CANADA - CPP Investment Board (CPPIB) and Oxford Properties, the real estate arm of the Ontario Municipal Employees Retirement System, have teamed up to build the Royal Bank of Canada's new Toronto headquarters.
