Dave ParkesApr 4, 2023
#osstf and #otip provide a great #retirement workshop. #otpp #Ontario Worth checking out if you are a #teacher. Contact your local District Office for details. These are held every year.
Stephen HuiNov 18, 2022

You might call this a teachable moment…

Ontario Teachers’ Pension Plan: “We will be writing down our investment in FTX to zero at our year end.”

https://www.otpp.com/en-ca/about-us/news-and-insights/2022/ontario-teachers--statement-on-ftx/

#FTX #SBF #OTPP #crypto

Ontario Teachers’ statement on FTX

In October 2021, Ontario Teachers’ invested a total of US$75 million in both FTX International and its US entity (FTX.US) and participated with a follow-on investment of US$20 million in the FTX.US entity in January 2022.

deltatux Nov 17, 2022
Looks like the #Ontario Teachers Pension Plan (#OTPP) had to write down $95 million dollars due to its investment into #FTX. https://www.reuters.com/technology/ontario-pension-says-any-loss-ftx-investment-have-limited-impact-2022-11-10/
Ontario Pension says any loss from FTX investment to have limited impact

The Ontario Teachers Pension Plan (OTPP) said on Thursday it had invested a total of $95 million to the troubled cryptocurrency exchange FTX and any financial loss from the exposure will have limited impact on the pension plan.

Reuters