In 2017, our investments generated a strong return of 10.8%, helping us maintain our funded status at approximately 97%. We’ve taken important steps over the past few years to help keep the Plan strong now and over the long term.
Strengthened our longevity assumptions to better reflect the fact that our pensioners are living longer and that we’re paying pensions longer.
Chief Investment Officer
Successfully launched IMCO, creating a combined $60 billion investment manager to invest on behalf of OPB’s members.
We supported 21 shareholder proposals to enhance disclosure and/or action on climate change risks and opportunities at companies in our portfolio.
In partnership with WSIB, acquired 50% of Cadillac Fairview’s prime office and retail Vancouver portfolio – approximately 4.0 million square feet of leasable space.