Ontario Teachers' Pension Plan, Toronto, committed to purchasing C$100...

Ontario Teachers' Pension Plan, Toronto, committed to purchasing C$100 million (US$74 million) of the common stock of WestJet Airlines Ltd., Calgary, Alberta, said Lee Fullerton, spokeswoman. The agreement will serve as an equity "backstop" should WestJet need the money. The agreement is for one year. The C$68 billion pension fund already owns 12.4 million shares of WestJet, valued at C$200 million.