Ontario’s Pension Fund Managers Are Propping up the Fossil Fuel and Real Estate Industries
The Ontario Municipal Employees’ Retirement System (OMERS) is one of Canada’s largest pension funds. Serving 289,000 municipal workers employed by cities across Ontario, OMERS has net assets of over $105 billion that are intended to support members in their retirement. This year, however, has seen OMERS swamped by numerous scandals. It is currently in the…
