Canada’s largest single−profession pension plan says in the coming weeks it will establish concrete targets for portfolio emissions and ensure companies it invests in report emissions annually.

The money will be earmarked for a dozen public-transit projects in the city, including construction of a dedicated bus rapid transit corridor along Lakeshore Road, as well as significant upgrades to the city’s MiWay bus fleet.

Three of the appointees represent British Columbia, Prince Edward Island and the Yukon, while the fourth will serve as a governor representing employers. They have been appointed to four-year terms.

As Ontario struggles to beat back a dire wave of COVID-19, workplace spread has been singled out by public health experts, mayors and top health officials as a major source of infections.

The combined company will operate as West Fraser with headquarters in Vancouver and a regional office in Toronto, with West Fraser shareholders owning 56 per cent of the company, and Norbord shareholders owning about 44 per cent.