IWA - Forest Industry Pension Plan

IWA - Forest Industry Pension Plan

The IWA - Forest Industry Pension Plan was established in 1973 to deliver retirement and disability coverage to workers in the Canadian forestry sector. Mark Guiton serves as CEO. The plan ranks among the larger private pension funds in British Columbia. Asset allocation centers on real estate through ownership in Concert Properties and infrastructure commitments such as Basalt Infrastructure Partners II. Public equity positions have included holdings in Aker BP ASA and FinecoBank S.p.A. The geographic scope covers Canada with additional exposure to Europe and North America through fund investments. Ticket sizes for commitments typically range from $25 million to $100 million. The organization employs 56 professionals at its Burnaby headquarters. It maintains memberships in the Pension Investment Association of Canada and the Association of Canadian Pension Management. Northern Trust has served as global custodian since 2014. Governance occurs through a board of trustees that includes representatives from labor and employer groups, creating a multi-stakeholder structure distinct from single-sponsor plans.