Why Mark Machin — the man responsible for our national pension plan — thinks it’s okay to spend $3.2 billion on expenses - News Summed Up

Why Mark Machin — the man responsible for our national pension plan — thinks it’s okay to spend $3.2 billion on expenses


He’s the guy ultimately responsible for how the $392 billion in our national pension fund is invested, after all. Toronto Star: Do Canadians need to worry about the CPP fund having enough money to meet its obligations? Mark Machin: Don’t believe me, believe the chief actuary of the country. And then recently, we’ve been investing a little bit more into fixed income and to credit, and real assets. Real assets would be things like infrastructure, or power; renewable energy was a new strategy we started last year.


Source: thestar May 20, 2019 09:00 UTC



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