Pension plans ready to invest in new Ontario Infrastructure Bank under right circumstances | Benefits Canada.com ...Middle East

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The provincial government announced the creation of the Ontario Infrastructure Bank during the its fall economic statement earlier this month. The bank, which has an initial $3 billion funding, will seek to develop new long‐term care homes, energy infrastructure, affordable housing, municipal and community infrastructure and transportation. Read: Ontario Infrastructure Bank to leverage public sector pension investments The provincial organization will attempt to mobilize private capital participation by “preparing and structuring such investments in a more likely executable and bankable way,” says Ahmed. Following the announcement, a few of Ontario’s largest pension plans and institutional

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