Money on the Line: Workers' Capital in CanadaCanadian Centre Policy Alternatives, 2003 - 272 Seiten From the back cover: The billions of dollars in Canadian pension funds belong to the workers for whom these funds were established. The money, in effect, is their "deferred wages", but, even though these vast sums now constitute the largest source of capital in the country, it has only been in the past few decades that workers, through their unions, have started to play a role in how, when and where their pension money is invested. This informative and fact-filled book examines the growing involvement of labour organizations in the management--and more often the co-management--of pension funds. It looks at the duties and rights of union trustees on pension boards, at their "fiduciary responsibility", at the crucial issues of social and ethical investments--and it also explains the success of progressive labour-sponsored investment funds. |
Inhalt
Introduction | 15 |
CHAPTER 1 | 33 |
CHAPTER 2 | 53 |
CHAPTER 3 | 71 |
CHAPTER 4 | 139 |
CHAPTER 5 | 163 |
CHAPTER 6 | 193 |
CHAPTER 7 | 219 |
CHAPTER 8 | 237 |
Bibliography | 253 |
Biographies of contributors | 263 |
Häufige Begriffe und Wortgruppen
AFL-CIO beneficiaries best interests Bill Clark Board of Trustees British Columbia California CalPERS Canada Canadian Labour Canadian Labour Congress capital strategy Carmichael Carpenters Carpentry Workers companies corporate created Crocus Crocus Investment Fund economically targeted investment emerging markets employee ownership environmental equity ethical Federation of Labour fiduciary fund’s growth Heartland Project industry initiatives interests of plan Investment Committee investment managers investment policy investment screening investment strategies issues labour-sponsored investment funds Leo Gerard long-term LSIFs Manitoba ment million Mortgage Fund Network Ontario Opportunity Fund OSFI participants pension fund investment Pension Plan pension trustees performance plan members plan’s investment portfolio proxy voting guidelines rate of return regional rental require risk role sector share shareholder activism SIPP social investment tion trade union trus trusteeship union pension union trustees venture capital vestment voting proxies World Bank