Pension fund assets climb back to pre-crisis levels but full recovery still uncertain

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Pension fund assets climb back to pre-crisis levels but full recovery still uncertain

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A Fund may engage in securities lending pursuant to the terms of an agreement which includes restrictions as set out in Canadian securities legislation. Collateral held is government Treasury Bills and qualified Notes. Income from securities lending is included in the Statement of Operations and is recognized when earned. The securities on loan continue to be displayed in the Statement of Investment Portfolio. The market value of the securities loaned and collateral held is determined daily. Aggregate values of securities on loan and related collateral held in trust as at March 31, 2012 and September 30, 2011, where applicable, are disclosed in Note 8(h)....

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