Thursday, March 24, 2016

Canada - Ontario Teachers Pension Plan owns nearly Forty percent stake in Brussels Airport.


Canada - Ontario Teachers Pension Plan owns nearly Forty percent stake in Brussels Airport. (Observer).by Larry Fedoruk.

The Ontario Teachers Pension Plan owns 39% of the recently attacked Brussels Airport. They acquired the hefty stake in 2011.
On their website they offered a statement of sympathy and added that they are in close contact with the Belgian government, providing whatever support they can. It's unclear what that support might entail.
The Ontario Teachers Pension Plan (OTPP) has been around since 1990 and claims assets over $150 billion. They administer the pensions for approximately 182,000 teachers and school administrators and pay pensions to about 130,000 retirees.
It will be interesting to see how investors react in the future. Hmmm......Trudeau: 'Canada is not at war with ISIS'.Read the full story here.

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