Newsmakers
Canada Infrastructure Bank CIO to Retire
John Casola will leave the $19 billion investor at the end of March.
Wiseman has led both the CPPIB and AIMCo and has held several roles at BlackRock.
The robust returns raised the pension giant’s asset value to C$777.5 billion.
In the two days after the U.S. announced new tariffs, the plans lost almost their entire C$18.4 billion surplus.
HOOPP ended 2024 with a funded ratio of 111%, its 15th straight year with more assets than liabilities.