Ontario Teachers' Pension Plan Board

Acronym: OTPP

General Information

Identification Code: 819909040311-18

Website: https://www.otpp.com/

Entity Form: none

Registration Category: Companies & groups

Registration Date: 12/3/2020

Last Update: 5/7/2024

Mission & Interests

Goals: Ontario Teachers' Pension Plan is Canada's largest single-profession pension plan. We pay pensions and invest plan assets on behalf of 336,000 working and retired teachers. Since our establishment in 1990, we have built an international reputation for innovation and leadership in investment management and member services. Our investment program has one goal: to earn the best possible returns, at an appropriate level of risk, to pay pensions to our members. Our objectives are twofold: 1) To maximize investment returns at an appropriate level of risk, considering pension liabilities (the cost of future pension benefits) and the challenges presented by the plan's mature membership demographics; 2) To close the gap between asset values and pension obligations, which is the best way to achieve contribution rate and benefit stability for members.

Interests Represented: Promotes their own interests or the collective interests of their members

Interests:

Banking and financial services
Budget
Business and industry
Climate action
Communication
Competition
Consumers
Digital economy and society
Economy, finance and the euro
Employment and social affairs
Energy
Environment
European neighbourhood policy
External relations
Foreign affairs and security policy
Institutional affairs
International co-operation and development
Research and innovation
Single market
Taxation
Trade
Trans-European Networks
Transport

Levels of Interest:

global

Activities

Main EU Legislative Proposals: Ontario Teachers' Pension Plan is interested in a broad range proposals and policies concerning the Single Market, Competition, Trade, Financial Services, Energy, Digital Economy, Business, Innovation and Institutional Affairs. In more specific policy areas, OTPP is interested in the EU's Digital Strategy and the European Green Deal and the transition to a net zero economy. On current legislative proposals, OTPP is interested in the Communication "A New Industrial Strategy for Europe" and the White Paper concerning "An Instrument For Foreign Subsidies" to addressed potential distortive effects caused by foreign subsidies within the EU Single Market.

Communication Activities: On current legislative proposals, OTPP is interested in the Communication "A New Industrial Strategy for Europe" and the White Paper concerning "An Instrument For Foreign Subsidies" to addressed potential distortive effects caused by foreign subsidies within the EU Single Market. Marc DuPont, Shikha Sethi and Kevin McGurgan had a meeting with Christof Schoser of the European Commission (DG Competition) on May 12, 2022 from 1400-1500 local time in Brussels about EU Foreign Subsidies Regulation. Jonathan Gilmore from OTPP met with DG Gerassimos Thomas on March 7, 2023 in Brussels and exchanged views on upcoming DG TAXUD initiatives. Kevin McGurgan and Shikha Sethi met with officials from DG COMP in the European Commission [i.e. Filip Krenek, Task Force on Third Country Subsidies; Simone Ritzek-Seidl, Task Force Third-Country Subsidies; Ramona Ianus, case handler in unit A3 (State aid – case support and policy); and Luis Moscoso, case handler in unit B4 (mergers - Energy and environment)] on March 17, 2023 to discuss the EU Foreign Subsidies Regulation. Marc DuPont, Shikha Sethi and Kevin McGurgan met with Commission officials Simon Genevaz, and Thomas Woolfson (Cabinet of Commissioner Vestager) and Filip Krenik (DG COMP) on April 17, 2023 to discuss EU Foreign Subsidies Regulation.

Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: 160 Front Street WestSuite 3200

Post Code: M5J 0G4

City: Toronto

Country: CANADA

Phone:

Indic Phone: 1

Phone Number: 4162285900

EU Office

Address: 10 Portman Square

Post Code: W1H 6AZ

City: London

Country: UNITED KINGDOM

Phone:

Indic Phone: 44

Phone Number: 2076594450

Financial Data

Closed Year:

Start Date:

End Date:

Funding Sources:

Contributions:

Total Budget: 0

Grants:

Current Year:

Grants:

Complementary Information: The estimated annual cost refers to the most recent financial year closed.

Membership Information

Members10 Percent: 1

Members: 1

Members F T E: 0.10000000149011612

Info Members: Ontario Teachers' Pension Plan employs one Director (based in our London office) to work on Government and Public Affairs in the UK, Europe, Middle East and Africa region. The amount of time spent on activities covered by this register is approximately 5% of an FTE.