The woman overseeing Ontario's creation of a supplemental pension plan might not have direct pension fund experience, but the committee she oversees is packed with it, allowing her to do what she does best.
“I'm very thankful to have great assistance from the technical advisory group to touch on both the public and private sides of building a pension fund,” said Mitzie Hunter, associate minister of finance for Ontario and a member of the Ontario parliament. “My experience is in building bridges among people.”
Ms. Hunter was appointed to the Cabinet-level position by Ontario Premier Kathleen Wynne in June. Prior to her parliamentary election in 2013, Ms. Hunter was CEO of the Greater Toronto CivicAction Alliance, an social and econimic advocacy group, and was chief administrator at Toronto Community Housing, the city's low-income housing provider.
She said that background has served her well in leading the pension advisory group's members, including Keith Ambachtsheer, retired director of the Rotman International Centre for Pension Management; James Keohane, president and CEO of the C$51.6 billion (US$47.1 billion) Healthcare of Ontario Pension Plan, Toronto; and Manuel Nobrega, former CEO at the C$65.1 billion Ontario Municipal Employees' Retirement System, Toronto, who is the group's implementation lead.
The provincial plan will supplement the C$226.8 billion Canada Pension Plan, Ottawa.