We had absolutely no role in Nortel, because the employees of Nortel are subject to provincial regulation, and the pension plans of Nortel are therefore subject to provincial oversight.
On April 15th, 2010. See this statement in context.
On April 15th, 2010. See this statement in context.
April 15th, 2010 / 4:25 p.m.
Managing Director, Private Pension Plans Division, Office of the Superintendent of Financial Institutions Canada
We had absolutely no role in Nortel, because the employees of Nortel are subject to provincial regulation, and the pension plans of Nortel are therefore subject to provincial oversight.
See context to find out what was said next.