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Quebec smelter employees reject proposal for two-tiered pension plan

Quebec smelter employees reject proposal for two-tiered pension plan

Unionized employees at a Quebec-based aluminum smelter are rejecting a proposed change that would move them to a two-tiered pension arrangement from a defined benefit plan. The Syndicat des Métallos/United…

  • By: Staff
  • November 9, 2017 September 13, 2019
  • 09:00
Oil price rebound helps DB plans achieve sixth straight quarter of growth

Oil price rebound helps DB plans achieve sixth straight quarter of growth

Buoyed by rebounding Canadian equity returns, Canadian defined benefit pension plans posted returns of 0.4 per cent in the third quarter of 2017, marking the…

  • By: Staff
  • November 9, 2017 September 13, 2019
  • 08:15
Report suggests raising DC, RRSP contribution limit to 30%

Report suggests raising DC, RRSP contribution limit to 30%

The current environment is simply too difficult for Canadians to save adequately for retirement, given increased longevity and the low yields on appropriate investments, according…

Drugs pushing Canada’s total health spend to $242 billion in 2017: CIHI

Drugs pushing Canada’s total health spend to $242 billion in 2017: CIHI

As Canada’s total health spend is expected to reach $242 billion by the end of 2017, the amount spent on drugs is expected to grow at…

  • By: Staff
  • November 7, 2017 September 13, 2019
  • 16:30
FSCO clarifies inclusion of ESG in pension statements

FSCO clarifies inclusion of ESG in pension statements

The Financial Services Commission of Ontario has clarified its guidance note on how environmental, social and governance factors should be incorporated into a plan sponsor’s statement of investment…

  • By: Staff
  • November 7, 2017 September 13, 2019
  • 16:00
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Solvency rates in Canada top 100%

DB pension solvency reaches highest level in 15 years: Aon Hewitt

  • November 7, 2017 January 20, 2021
  • 13:55
NDP tables bill to protect employees’ pensions, retiree benefits

NDP tables bill to protect employees’ pensions, retiree benefits

The New Democratic Party tabled a private member’s bill Monday to amend Canada’s insolvency laws so they protect pension plans and post-retirement benefits when a company is…

  • By: Staff
  • November 7, 2017 September 13, 2019
  • 12:25
Federal government introduces bill to address workplace harassment, violence

Federal government introduces bill to address workplace harassment, violence

The federal government has introduced a new bill that would amend the Canada Labour Code to address harassment and sexual violence in federally regulated workplaces. The…

  • By: Staff
  • November 7, 2017 September 13, 2019
  • 12:00
Ivanhoé Cambridge appoints managing director of India

Ivanhoé Cambridge appoints managing director of India

The Caisse de dépôt et placement du Québec’s real estate arm, Ivanhoé Cambridge, has appointed Chanakya Chakravarti as managing director of India, growth markets, effective Jan. 8, 2018. In…

  • By: Staff
  • November 7, 2017 September 13, 2019
  • 11:50
Group annuity market could reach $10B over next three years: report

Group annuity market could reach $10B over next three years: report

The market for transferring pension risk could total up to $10 billion over the next three years, according to a new report from Eckler Ltd. In…

  • By: Staff
  • November 6, 2017 September 13, 2019
  • 17:32
CUPE launches campaign to reverse B.C. school district decision to cut retiree benefits

CUPE launches campaign to reverse B.C. school district decision to cut retiree benefits

The Canadian Union of Public Employees Local 561 is calling on the Coquitlam, B.C., school district to reverse its decision to cut post-retirement health benefits…

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DB pension solvency reaches highest level in 15 years: Aon Hewitt

The median solvency ratio for Canadian defined benefit plans rose to 100.7 per cent in October as equity markets continued to rally, according to Aon Hewitt’s monthly…

  • By: Staff
  • November 6, 2017 January 20, 2021
  • 14:36
Manulife Canada CEO appointed chair of LL Global board

Manulife Canada CEO appointed chair of LL Global board

Michael Doughty, president and chief executive officer of Manulife Financial Corp.’s Canadian operations, will take on the role of chair of LL Global Inc.’s board of directors for…

  • By: Staff
  • November 6, 2017 September 13, 2019
  • 14:30

Average Canadian DB pension plan’s funded solvency position up 2.8% in February: report

The funded position of a typical defined benefit pension plan rose both on a solvency basis (2.8 per cent) and an accounting basis (2.3 per…

  • By: Staff
  • March 28, 2024 March 28, 2024
  • 15:00

47% of Canadian employees relying on workplace benefits to improve well-being: report

Nearly half (47 per cent) of Canadian employees say they’re interested in improving their well-being and plan on using workplace benefits to do so, according…

  • By: Staff
  • March 28, 2024 March 27, 2024
  • 09:00

Expert Panel: CPPIB taking steps to face shifting investment landscape in China

The decision by the Canada Pension Plan Investment Board this month to reduce 10 per cent of its China equity team based in Hong Kong…

Ontario continues work on infrastructure bank, target-benefit pension plan framework

In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…

  • By: Staff
  • March 27, 2024 March 27, 2024
  • 15:00

Hydro-Quebec’s $185 billion expansion plan getting institutional investor attention: report

A new $185 billion plan by Hydro-Quebec to build out increased power capacity is gaining attention from institutional investors, according to a report by Bloomberg.…

  • By: Staff
  • March 27, 2024 March 26, 2024
  • 15:00

New York State Common Retirement Fund curbing oil and gas investments

The New York State Common Retirement Fund is restricting its exposure in eight integrated oil and gas companies, including divesting a portion of its investment…

  • By: Staff
  • March 26, 2024 March 26, 2024
  • 15:00