Canadian Commercial Workers Industry Pension Plan

Canadian Commercial Workers Industry Pension Plan

The Canadian Commercial Workers Industry Pension Plan was created in 1979 by the United Food and Commercial Workers union. It functions as a multi-employer plan serving participating employers such as Loblaw Companies, Sobeys and Metro Ontario. The plan allocates across real estate, private equity and infrastructure. Confirmed holdings include Citi Plaza in London, Ontario, the South Ocean Resort development site in the Bahamas and commitments to Thoma Bravo Discover Fund IV, Francisco Partners VII and Brookfield Infrastructure Fund V. Geographic exposure spans Canada, the United States and select international markets. Assets total $2.5 billion. The plan maintains memberships in MEBCO and NCCMP. It participated in the WPA Pension Day event in Toronto in June 2025. The plan operates under a multi-employer governance structure with trustees drawn from the union and participating employers, separating investment decisions from the founding union's core activities.