Investing in Canada
We invest and manage money solely for our members. It is our priority to maximize the Pension Plan’s returns without undue risk of loss so that we can deliver on our long-term commitments to members. We are pleased that we continue to find exemplary opportunities to invest in Canada, both in the public and private markets. We prefer to invest in Canada when the risk and reward meets our rigorous standards.
Over $400 million of the HRM Pension Plan assets are invested in Canada. 11% of our Public Equities are Canadian funds, and over 80% of our Public Bonds are Canadian government bonds.
In our private market portfolio, we have significant investments in private businesses, infrastructure assets as well as real estate in Canada. The following examples highlight the different initiatives we invest in across our country.
Private Equity – We invested in 123Dentist, Canada’s second largest dental services network of dental clinics with locations across the country.
Infrastructure – Our holdings include CSV Midstream Solutions, a Calgary based developer, owner and operator of contracted natural gas gathering and processing assets in Canada.
Real Estate – We have several funds with Realstar, one of the largest owners of high-quality, multi-family rental properties across Canada.