Canadian Broadcasting Corporation Pension Plan (CBC)

Canadian Broadcasting Corporation Pension Plan (CBC)

The Canadian Broadcasting Corporation Pension Plan manages retirement assets for the national public broadcaster. Duncan Burrill serves as Managing Director and CEO while Sandra Mason chairs the board of trustees. The plan sponsor is the Canadian Broadcasting Corporation. The plan allocates across real assets that include a Canadian real estate portfolio, a global real assets book valued at $968 million, timberland and farmland at $40 million, and infrastructure at $165 million. It also holds a private equity portfolio focused on technology operating businesses and maintains public equity positions in Schneider Electric and Taiwan Semiconductor Manufacturing. Geographic exposure covers Canada and global markets. The plan belongs to CAASA, ACPM, RIA and PIAC. Service providers include TELUS Health for administration and RBC Investor and Treasury Services as custodian. It spoke at the ACPM National Conference in September 2023 on private investments via fund vehicles. The plan operates as a corporate defined benefit vehicle with governance oversight from the CBC Pension Board of Trustees. It maintains a relationship with the CBC Pensioners National Association.