Howick staff to report back on OMERS net loss

December 2, 2021 @ 10:20 amListowel Banner, Local News, News, Wingham Advance Times

HOWICK – Howick council has asked their treasurer to bring back a report in response to correspondence from CUPE Ontario that states the Ontario Municipal Employee Retirement System (OMERS) posted a net loss of 2.7 per cent last year. The correspondence dated Oct. 29 further states this 2.7 per cent represents $3 billion. “This was…
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Local Journalism Initiative Reporter

Kelsey Bent is a Local Journalism Initiative Reporter with the Listowel Banner. The Local Journalism Initiative is funded by the Government of Canada.