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France: a company owned by the Ontario Teachers’ Pension Plan in turmoil

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A French company, 30% owned by the Canadian fund Ontario Teachers’ Pension Plan, is involved in a case of favoritism which is shaking up the hotel and catering sector in France.

In July 2021, while the Siaci Saint Honoré group and the Burrus group announce their intention to create an independent European leader in insurance brokerage and consulting services, Diot Siaci, the Council of the Teachers’ Pension Plan ‘Ontario (Ontario Teachers’) announced the acquisition of a 30% stake in the combined group, becoming the largest institutional shareholder alongside BPI France. A sensitive investment.

Especially since Diot Siaci has been, for several weeks, at the center of an astonishing affair, the origins of which go back several years. In France, at the beginning of the 2010s, Malakoff Humanis and Klésia and OCIRP were designated co-insurers of the HCR (hotels, cafés and restaurants) health plan. The Colonna group is then designated broker and manager, and Axa reinsurer.

Klesia and Malakoff Humanis prepare the ground for Diot Siaci

In 2015, the provident institutions (Klesia and Malakoff Humanis) decided to shatter the governance of the plans. Two years later, the same institutions became both clients and insurers.

At the beginning of the 2020s, while the management agreement becomes a strategic subject for the institutions, in June 2022, Colonna is summoned by the institutions, who present to her the conditions for renewing the management agreements. In nine days, the institutions terminated the Colonna management agreements, without putting forward any real cause.

What does this have to do with Diot Siaci? During the period of renegotiation of management agreements, it was Alain Missoffe, then deputy general manager at Klésia, who was in charge. In April 2022, while discussions were at a standstill, Alain Missoffe became deputy general director of Diot-Siaci.

A tailor-made call for tenders

However, in January 2023, Klésia and Malakoff Humanis chose a new health services manager, following an opaque call for tenders. It is Diot Siaci, led by Cédric Charpentier and co-chaired by Pierre Donnersberg and Christian Burrus, which replaces the Colonna group. The latter’s CV is, however, murky: in July 2022, the sanctions commission of the Financial Markets Authority (AMF) imposed a fine on Christian Burrus as part of the takeover of the company April in 2019.

In the mutual affair, several sources indicate that Diot-Siaci’s offer was not the most competitive. Especially since health management could be outsourced abroad, with contributions collected in France.

If the call for tenders took place on the sly, it seems to have been tailor-made for Diot-Sicaci. The applicants for this call for tenders only had three weeks, an unthinkable deadline for such a file, to formulate their offer. In addition, the social partners (employers and unions) were excluded, the call for tenders indicating that the chosen delegate should not maintain relations with “the professional employer organizations and the employee union organizations of the HCR branch “. Finally, the winner of the call for tenders had no obligation, according to the call for tenders, to take over the personnel dedicated to this sector at Colonna Facility.

This is surprising, even to the French government. The subject is in fact currently being studied by the Minister of Labor. A very political subject therefore, which risks having consequences for Diot-Siaci and, consequently, for the bottom of Ontario.

 

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Whitehead becomes 1st CHL player to verbally commit to playing NCAA hockey

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Braxton Whitehead said Friday he has verbally committed to Arizona State, making him the first member of a Canadian Hockey League team to attempt to play the sport at the Division I U.S. college level since a lawsuit was filed challenging the NCAA’s longstanding ban on players it deems to be professionals.

Whitehead posted on social media he plans to play for the Sun Devils beginning in the 2025-26 season.

An Arizona State spokesperson said the school could not comment on verbal commitments, citing NCAA rules. A message left with the CHL was not immediately returned.

A class-action lawsuit filed Aug. 13 in U.S. District Court in Buffalo, New York, could change the landscape for players from the CHL’s Western Hockey League, Ontario Hockey League and Quebec Maritimes Junior Hockey League. NCAA bylaws consider them professional leagues and bar players from there from the college ranks.

Online court records show the NCAA has not made any response to the lawsuit since it was filed.

“We’re pleased that Arizona State has made this decision, and we’re hopeful that our case will result in many other Division I programs following suit and the NCAA eliminating its ban on CHL players,” Stephen Lagos, one of the lawyers who launched the lawsuit, told The Associated Press in an email.

The lawsuit was filed on behalf of Riley Masterson, of Fort Erie, Ontario, who lost his college eligibility two years ago when, at 16, he appeared in two exhibition games for the OHL’s Windsor Spitfires. And it lists 10 Division 1 hockey programs, which were selected to show they follow the NCAA’s bylaws in barring current or former CHL players.

CHL players receive a stipend of no more than $600 per month for living expenses, which is not considered as income for tax purposes. College players receive scholarships and now can earn money through endorsements and other use of their name, image and likeness (NIL).

The implications of the lawsuit could be far-reaching. If successful, the case could increase competition for college-age talent between North America’s two top producers of NHL draft-eligible players.

“I think that everyone involved in our coaches association is aware of some of the transformational changes that are occurring in collegiate athletics,” Forrest Karr, executive director of American Hockey Coaches Association and Minnesota-Duluth athletic director said last month. “And we are trying to be proactive and trying to learn what we can about those changes.

Karr was not immediately available for comment on Friday.

Earlier this year, Karr established two committees — one each overseeing men’s and women’s hockey — to respond to various questions on eligibility submitted to the group by the NCAA. The men’s committee was scheduled to go over its responses two weeks ago.

Former Minnesota coach and Central Collegiate Hockey Association commissioner Don Lucia said at the time that the lawsuit provides the opportunity for stakeholders to look at the situation.

“I don’t know if it would be necessarily settled through the courts or changes at the NCAA level, but I think the time is certainly fast approaching where some decisions will be made in the near future of what the eligibility will look like for a player that plays in the CHL and NCAA,” Lucia said.

Whitehead, a 20-year-old forward from Alaska who has developed into a point-a-game player, said he plans to play again this season with the Regina Pats of the Western Hockey League.

“The WHL has given me an incredible opportunity to develop as a player, and I couldn’t be more excited,” Whitehead posted on Instagram.

His addition is the latest boon for Arizona State hockey, a program that has blossomed in the desert far from traditional places like Massachusetts, Minnesota and Michigan since entering Division I in 2015. It has already produced NHL talent, including Seattle goaltender Joey Daccord and Josh Doan, the son of longtime Coyotes captain Shane Doan, who now plays for Utah after that team moved from the Phoenix area to Salt Lake City.

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AP college sports:

The Canadian Press. All rights reserved.



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Calgary Flames sign forward Jakob Pelletier to one-year contract

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CALGARY – The Calgary Flames signed winger Jakob Pelletier to a one-year, two-way contract on Friday.

The contract has an average annual value of US$800,000.

Pelletier, a 23-year-old from Quebec City, split last season with the Flames and American Hockey League’s Calgary Wranglers.

He produced one goal and two assists in 13 games with the Flames.

Calgary drafted the five-foot-nine, 170-pound forward in the first round, 26th overall, of the 2019 NHL draft.

Pelletier has four goals and six assists in 37 career NHL games.

This report by The Canadian Press was first published Sept. 13, 2024.

The Canadian Press. All rights reserved.



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Kingston mayor’s call to close care hub after fatal assault ‘misguided’: legal clinic

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A community legal clinic in Kingston, Ont., is denouncing the mayor’s calls to clear an encampment and close a supervised consumption site in the city following a series of alleged assaults that left two people dead and one seriously injured.

Kingston police said they were called to an encampment near a safe injection site on Thursday morning, where they allege a 47-year-old male suspect wielded an edged or blunt weapon and attacked three people. Police said he was arrested after officers negotiated with him for several hours.

The suspect is now facing two counts of second-degree murder and one count of attempted murder.

In a social media post, Kingston Mayor Bryan Paterson said he was “absolutely horrified” by the situation.

“We need to clear the encampment, close this safe injection site and the (Integrated Care Hub) until we can find a better way to support our most vulnerable residents,” he wrote.

The Kingston Community Legal Clinic called Paterson’s comments “premature and misguided” on Friday, arguing that such moves could lead to a rise in overdoses, fewer shelter beds and more homelessness.

In a phone interview, Paterson said the encampment was built around the Integrated Care Hub and safe injection site about three years ago. He said the encampment has created a “dangerous situation” in the area and has frequently been the site of fires, assaults and other public safety concerns.

“We have to find a way to be able to provide the services that people need, being empathetic and compassionate to those struggling with homelessness and mental health and addictions issues,” said Paterson, noting that the safe injection site and Integrated Care Hub are not operated by the city.

“But we cannot turn a blind eye to the very real public safety issues.”

When asked how encampment residents and people who use the services would be supported if the sites were closed, Paterson said the city would work with community partners to “find the best way forward” and introduce short-term and long-term changes.

Keeping the status quo “would be a terrible failure,” he argued.

John Done, executive director of the Kingston Community Legal Clinic, criticized the mayor’s comments and said many of the people residing in the encampment may be particularly vulnerable to overdoses and death. The safe injection site and Integrated Care Hub saves lives, he said.

Taking away those services, he said, would be “irresponsible.”

Done said the legal clinic represented several residents of the encampment when the City of Kingston made a court application last summer to clear the encampment. The court found such an injunction would be unconstitutional, he said.

Done added there’s “no reason” to attach blame while the investigation into Thursday’s attacks is ongoing. The two people who died have been identified as 38-year-old Taylor Wilkinson and 41-year-old John Hood.

“There isn’t going to be a quick, easy solution for the fact of homelessness, drug addictions in Kingston,” Done said. “So I would ask the mayor to do what he’s trained to do, which is to simply pause until we have more information.”

The concern surrounding the safe injection site in Kingston follows a recent shift in Ontario’s approach to the overdose crisis.

Last month, the province announced that it would close 10 supervised consumption sites because they’re too close to schools and daycares, and prohibit any new ones from opening as it moves to an abstinence-based treatment model.

This report by The Canadian Press was first published Sept. 13, 2024.

The Canadian Press. All rights reserved.



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