TORONTO — The Ontario Teachers’ Pension Plan Board says the fund earned a total net return of 3.8 per cent in the first half of this year.
The board says the return came as its assets grew to $227.7 billion as of June 30, while the fund’s 12-month total net return was 13.2 per cent.
Get breaking National news
Teachers’ chief investment officer Ziad Hindo says the fund saw strong performance in its private and public equity, innovation and inflation-sensitive asset classes.
The gains were partially offset by losses in fixed income and currency.
The fund says currency had a negative 1.5 per cent impact on the total fund in the first half of the year, driven by a stronger Canadian dollar relative to most global currencies.
Teachers’ invests and administers the pensions of the province’s 331,000 active and retired teachers.
- As some Ontario plants hit the brakes, are Canada’s EV ambitions under threat?
- Before key housing plans were cut, Ford held regular calls to shape laws
- Ontario teases ‘game-changing’ ideas to address Toronto’s suffocating congestion
- Taylor Swift ticket scam: Ontario fan out $1,400 after social media dupe
-
![]()
Strike averted: Air Canada, pilots union reach tentative 4-year agreement -
![]()
Freeland says Canada will expand 30-year amortization, raise insured mortgage cap -
![]()
USask researcher to co-chair United Nations advisory board on glacier preservation -
![]()
Business Matters: Canada’s housing market in holding pattern, CREA data shows
Comments