CALGARY – Cenovus Energy said its numbers show significant belt-tightening at the company has made it more financially resilient, in the face of what is expected to be a prolonged period of lower oil prices. 275 more words
Tags » Ontario Teachers' Pension Plan
Senior-housing companies in Canada rallied after Amica Mature Lifestyles Inc. agreed to be acquired by a pension fund-backed company, extending an industrywide consolidation.
Amica, a Vancouver-based provider of luxury seniors residences, surged as much as 113 percent Wednesday after saying it will combine with BayBridge Seniors Housing Inc. 255 more words
Ontario Teachers’ Pension Plan and Borealis Infrastructure Management Inc. are among suitors weighing bids for a corporate registry unit being sold by Australia, people with knowledge of the matter said. 331 more words
Like many large institutional investors looking to offset the impact of chronically low interest rates on longterm liabilities, the Ontario Teachers’ Pension Plan set its sights on opportunities in Alberta’s oil patch when oil prices slumped. 484 more words
TORONTO – The Ontario Teachers’ Pension Plan says it has an agreement with Cenovus Energy Inc. to acquire Cenovus’s wholly-owned subsidiary, Heritage Royalty Limited Partnership, in a deal worth about $3.3 billion. 124 more words
Calgary-based green power company BluEarth Renewables Inc. has had its two major shareholders reduced to one, with the Ontario Teachers’ Pension Plan buying out Calgary private equity firm ARC Financial Corp. 291 more words
Banco Santander SA, Spain’s largest bank, started a low-carbon and water investment company backed by $2 billion in assets with two Canadian pension funds.
Cubico Sustainable Investments, based in London, will be held equally by Santander, the Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board, the investment company said Thursday. 176 more words