Newsmakers
Canada PM Carney Names Investor Mark Wiseman as Ambassador to US
Wiseman has led both the CPPIB and AIMCo and has held several roles at BlackRock.
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.
The pension fund has launched a joint venture with the Mohawk Council of Kahnawake to invest in renewable energy infrastructure.