Home Capital: The question of conflict in a crisis of confidence

The Healthcare of Ontario Pension Plan says that it manages “all aspects of the HOOPP pension plan for health-care workers.”

But there is one health-care worker in particular whose name stands out in HOOPP’s most recent investment. That would be Kevin Smith, the chief executive officer of St. Joseph’s Health System in Hamilton and – until this week – a HOOPP board member, who is also chairman of Home Capital Group, where he has helped preside over an unfolding wreck that required the $2-billion lifeline HOOPP extended this week.

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