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OPTrust, officially the OPSEU Pension Trust, [2] is a legal trust formed by the contractual agreement between the two plan sponsors, Ontario Public Service Employees Union and the Government of Ontario. [3] It manages one of Canada's largest pension funds and administers the OPSEU Pension Plan. [4]
For much of the 20th century, Canada's trust companies were controlled by the major banks through interlocking directorates. However, revisions to the Bank Act in 1967 forbade individuals from sitting on a bank and trust company board simultaneously; this had been a recommendation in the 1964 Report of the Royal Commission on Banking and ...
A letter sent to Canadian pensioners in July 2011 from the Nortel pension administrator Morneau Shepell announced that pensioners in Canada would have their benefits cut. A webinar held by the legal firm Koskie Minsky on July 22, 2010, addressed some of the questions raised. [19] The windup of the $5 billion Nortel pension plan began in October ...
The Public Sector Pension Investment Board (PSP Investments) is a Canadian Crown corporation established by the Parliament of Canada in September 1999 through the Public Sector Pension Investment Board Act. PSP Investments is one of Canada's largest pension investment managers, with CAD $264.9 billion of net assets under management in fiscal ...
In 2005, Shun Fat Supermarket opened a 105,000-square-foot (9,800 m 2) megastore in the Little Saigon of Westminster, California, joining the already highly competitive Vietnamese supermarket commerce in the community. [3] In June 2013, the market opened Dallas Superstore, marking its first expansion in Texas.
Effective 1 January 1986, Genstar merged Canada Trust with Canada Permanent. After the merger, Canada Trust's assets increased from $13.5 billion to $21 billion, and its number of branches increased from 208 to 320. [7] Additionally, the new Canada Trust held more savings deposits than both the Toronto-Dominion Bank and the Bank of Nova Scotia. [8]
The Canada Pension Plan Investment Board (CPPIB; French: Office d'investissement du régime de pensions du Canada), operating as CPP Investments (French: Investissements RPC), is a Canadian Crown corporation established by way of the 1997 Canada Pension Plan Investment Board Act to oversee and invest the funds contributed to and held by the Canada Pension Plan (CPP).
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