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December 17, 2013

The news is finally out about the latest Shopify financing round, and it speaks to the reality that with money comes momentum. Momentum for the company. Momentum for the ecosystem.

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December 13, 2013

Shopify, the leading ecommerce and retail platform used by over 80,000 businesses today announced the closing of a $100 million Series C investment. The investment is led by OMERS Ventures and Insight Venture Partners, with participation from Bessemer Venture Partners, FirstMark Capital, Georgian Partners, and Felicis Ventures. The new round of funding will help the company fully expand their recently launched offline retail offering.

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December 13, 2013

Borealis Infrastructure, the infrastructure investment arm of the Ontario Municipal Employees Retirement System ("OMERS"), together with investment partners, has signed an agreement to acquire Fortum Corporation's electricity distribution networks in Finland.

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December 3, 2013

CEM Benchmarking gives OMERS high marks for pension service in an international study of 63 peer plans from around the world. CEM Benchmarking Inc. is an independent research firm that conducts an annual evaluation of pension plans in Canada, the US and Europe.

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November 25, 2013

OMERS announced that pensions will increase by 0.90% as of January 1, 2014.This increase reflects 100% of the change in the cost of living as measured by the Canadian Consumer Price Index (CPI). Each January, OMERS pensions increase by the average increase in the CPI, to a maximum of 6%. If this figure is greater than 6%, the excess would be carried forward to the next year.

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Media Inquiries

Neil Hrab
Manager, Communications - Investments 
nhrab@omers.com
Tel: 416-369-2418