Money on the Line: Workers' Capital in Canada

Front Cover
Canadian Centre Policy Alternatives, 2003 - Business & Economics - 272 pages
From the back cover: The billions of dollars in Canadian pension funds belong to the workers for whom these funds were established. The money, in effect, is their "deferred wages", but, even though these vast sums now constitute the largest source of capital in the country, it has only been in the past few decades that workers, through their unions, have started to play a role in how, when and where their pension money is invested. This informative and fact-filled book examines the growing involvement of labour organizations in the management--and more often the co-management--of pension funds. It looks at the duties and rights of union trustees on pension boards, at their "fiduciary responsibility", at the crucial issues of social and ethical investments--and it also explains the success of progressive labour-sponsored investment funds.
 

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Contents

Introduction
15
CHAPTER 1
33
CHAPTER 2
53
CHAPTER 3
71
CHAPTER 4
139
CHAPTER 5
163
CHAPTER 6
193
CHAPTER 7
219
CHAPTER 8
237
Bibliography
253
Biographies of contributors
263
Copyright

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