Quebec says Bombardier must listen to pension fund concerns on governance

May 10, 2017 By Allison Lampert and Matt Scuffham MONTREAL/TORONTO (Reuters) – Bombardier Inc faced fresh pension fund opposition to the re-election of its executive chairman and the Quebec government said the plane and train maker should listen to the growing number of institutional shareholders citing governance concerns. The Canada Pension Plan Investment Board (CPPIB), the country’s largest pension fund manager, withheld its vote for the re-election of Pierre Beaudoin at Bombardier’s annual meeting on Thursday. The Ontario Teachers Pension Plan (OTPP) also withheld its vote on his re-election on…

Read More