Canadian pension giant backs Corrigan’s Webster

Legendary waterfront warrior Chris Corrigan could soon have one of the world’s top investors — Canada’s Public Sector Pension Investment Board — as the main shareholder in his Australian listed agricultural company, Webster Limited.

CPPIB plans farmland retreat

Canada Pension Plan Investment Board has decided against making further investments in farmland and is open to selling its existing portfolio, a shift in strategy after some local farmers voiced concerns.