a Canadian steel producer. During his first 25 years at Stelco, he moved through a variety of roles in finance, accounting, operations and sales. In 2007, he was promoted to Vice President, Finance at.
Employees at two Canadian pension plans are being recognized for their responsible investment achievements.
The British High Commission and the Canada Climate Law Initiative named Barbara Zvan, inaugural president and chief executive officer of the University Pension Plan, and Kim Thomassin, executive vice-president and head of investments in Quebec and stewardship investing at the Caisse de dépôt et de placement du Québec, to the list of 2021 Canadian Climate Champions.
The title recognizes individuals’ contributions toward achieving net-zero emissions in Canada, according to a press release, which noted the list of honourees was announced six months ahead of the United Nations’ 26th climate change conference.
HALIFAX An independent three-person panel has been appointed to examine ways of strengthening the pension plan for Nova Scotia s teachers, which had a massive unfunded liability of $1.5 billion as of 2019. The province says while there is no immediate risk the plan will be unable to meet its pension obligations, it has a shared obligation with the Nova Scotia Teachers Union to address the liability issue. The teachers pension plan is one of the largest public sector plans in the province, with 32,647 members, including 13,705 retirees and survivors, 12,979 active members and 5,963 inactive members as of 2019. Agreed to in October, the panel is to consult with teachers and other plan members before submitting recommendations to make the plan fully funded by Dec. 31.