Partners - Pension Plan
CIBC Mellon – is the custodian of the assets of both the Pension & Health & Welfare Plans. Their role is to hold our investments in their safekeeping, and make payments from the plans based on the Trustees' written request. Our Plans have an excellent relationship with CIBC Vancouver office. In you're interested in more information on CIBC Mellon their website is: www.cibcmellon.com
George & Bell Consulting – is the actuary and consultant on the Pension Plan. They calculate the financial position of the Plans and make recommendations to the Trustees as to whether contribution and premium rates need to be changed. They also inform and advise the Trustees and the Plan Administrator on trends and changes in the industry, and in the legislation that governs the Plans. We have an excellent long term relationship with their Vancouver office. For more information on George & Bell Consulting see their website at: www.georgeandbell.com
Phillips Hager & North – is the investment advisor that manages the bond portion of the Pension Plan and the whole investment portfolio for the Health & Welfare Plan. They were founded in Vancouver in the early 60's, and operate as an independent investment manager under the RBC umbrella of companies. We hired them in December 2003, and they have earned excellent returns for the Plans ever since. Their website is: www.phn.com .
TD Asset Management – is the investment division of the Toronto Dominion Bank. They manage the Global equity portion of the Plan. For more information on them see their website at: www.tdassetmanagement.com.
Axium Infrastructure – Axium Infrastructure is an independent, employee-owned fund manager dedicated exclusively to infrastructure investments. Axium Infrastructure typically partners with highly qualified, industry-leading operators in the sectors in which it invests to leverage their specific expertise.
IFM - IFM Investors is a pioneer and leader in infrastructure investing on behalf of institutional investors globally, with a 25-year track record of success. They carefully target core infrastructure in developed markets and currently have interests in 33 investments across Australia, North America and Europe. www.ifminvestors.com
Fengate - Fengate employs a disciplined investment approach to deliver value to their investors by playing a lead role in the bidding and development phases of infrastructure projects as well as the ongoing day-to-day management of each asset. www.fengate.com
Northleaf - Northleaf focuses on direct, long-term investments in mature infrastructure assets across OECD member countries. Northleaf’s infrastructure program invests in small/mid-sized infrastructure assets that offer relative value when compared to similarly situated assets in more competitive market segments. www.northleafcapital.com
Greystone Managed Investments – is one of the most well respected real estate managers in Canada. See their website at: www.greystone.ca.