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November 03, 2021 03:50 PM

Canada Lands wants record keeper for DC plans

Rob Kozlowski
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    Canada Lands Co., Toronto, is searching for a record keeper for its defined contribution plans, according to an RFP posted on Canada's procurement website.

    The company manages Canadian government-owned real estate, including the CN Tower in Toronto.

    The selected firm will provide ongoing record keeping, investment management and custodial services for the plans, according to the RFP.

    The RFP said the plans are under two divisions of the company, the real estate and corporate division and the CN Tower division, each of which offers a Defined Contribution Pension Plan, Group Registered Retirement Savings Plan, Tax-Free Savings Account and Non-Registered Savings Plan.

    The RFP does not disclose the asset sizes of the plans, the name of the current record keeper or whether the firm is eligible to rebid.

    The RFP is available on Canada's procurement website. Registration is required. Proposals are due at 9 a.m. EST on Dec. 6. A timeline for a selection was not provided.

    Jennifer Colucci, total rewards and analytics manager, could not be immediately reached for further information.

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    October 23, 2023 page one

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