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AIMCo invests in Alberta hydraulic fracturing company

AIMCo invests in Alberta hydraulic fracturing company

Alberta Investment Management Corporation has entered into a strategic financing relationship with Calfrac Well Services, an Alberta-based pressure pumping services provider, on behalf of certain…

  • By: Staff
  • June 15, 2016 September 13, 2019
  • 08:45
Sovereign pension plans investing heavily in real estate: study

Sovereign pension plans investing heavily in real estate: study

Real estate has become the main driver of increasing alternative allocations for sovereign investors, according to Invesco’s 2016 global sovereign asset management study. From 2012…

New minister appointed to oversee ORPP

New minister appointed to oversee ORPP

The Ontario Retirement Pension Plan has a new minister in charge following Ontario Premier Kathleen Wynne’s cabinet shuffle today. Among the moves was the appointment…

  • By: Staff
  • June 13, 2016 September 13, 2019
  • 12:19
Increases to GIS top-up benefit coming July 1

Increases to GIS top-up benefit coming July 1

The Liberal government’s proposed increase to the guaranteed income supplement top-up benefit by up to $947 annually for the most vulnerable single seniors comes in…

  • By: Staff
  • June 13, 2016 September 13, 2019
  • 09:29
Is Illinois’ auto-enrolment savings program better than the ORPP?

Is Illinois’ auto-enrolment savings program better than the ORPP?

As Canadians continue to debate changes to public pension programs, Illinois is tackling the retirement savings issue with its new Secure Choice Savings Program that will…

B.C. Investment Management Corp. to acquire Glencore Agricultural Products

B.C. Investment Management Corp. to acquire Glencore Agricultural Products

The British Columbia Investment Management Corp. (bcIMC) has entered into a definitive agreement to acquire 99.9 per cent stake in Glencore Agricultural Products for a consideration of…

  • By: Staff
  • June 10, 2016 September 13, 2019
  • 14:16
CUPE joins New Brunswick public pension lawsuit

CUPE joins New Brunswick public pension lawsuit

The Canadian Union of Public Employees has served notice to the province of New Brunswick that is wants to intervene in a lawsuit against incoming changes…

  • By: Staff
  • June 10, 2016 September 13, 2019
  • 09:31
PSP investments acquires interest in Allflex Group

PSP investments acquires interest in Allflex Group

The Public Sector Pension Investment Board (PSP Investments) has acquired a minority interest in Allflex Group from international private equity firm BC Partners. BC Partners first invested…

  • By: Staff
  • June 10, 2016 September 13, 2019
  • 09:16
How does Canada’s public pension system measure up globally?

How does Canada’s public pension system measure up globally?

With the Canada Pension Plan on many people’s minds, how does Canada’s public pension system compare to those of other countries? In light of the debate…

Actuary association suggests ‘modest’ benefit increase in CPP reform

Actuary association suggests ‘modest’ benefit increase in CPP reform

The Canadian Institute of Actuaries has published a public position on the potential expansion of the Canada and Quebec Pension Plans, including a modest benefit increase, equal employer…

  • By: Staff
  • June 9, 2016 September 13, 2019
  • 14:17
CPPIB and Teachers’ invest in Mexican toll road

CPPIB and Teachers’ invest in Mexican toll road

Two of Canada’s largest pension funds — the Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan — are partnering with an infrastructure…

  • By: Staff
  • June 9, 2016 September 13, 2019
  • 10:15
What are Canada’s best places to retire?

What are Canada’s best places to retire?

Which cities in Canada are the best places to retire? Benefits Canada‘s sister publication MoneySense has published its annual ranking of Canada’s Best Places to…

  • By: Staff
  • June 9, 2016 September 13, 2019
  • 09:19
Making the most of annual pension statements to boost member engagement

Making the most of annual pension statements to boost member engagement

Time and time again, research reveals that defined benefit and target benefit plan members rank their annual pension statement as the single most important piece of…

More than £50 billion in U.K. pension benefits at risk of being lost, misplaced: study

More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…

  • By: Staff
  • March 25, 2024 March 25, 2024
  • 15:00

Employees of Canadian energy companies joining CAAT’s DBplus pension plan

Employees of Candu Energy Inc., Canadian Nuclear Laboratories and Global First Power are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. Unionized…

  • By: Staff
  • March 21, 2024 March 21, 2024
  • 15:00

Clear, flexible regulations needed for target-benefit plans: report

Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…

  • By: Staff
  • March 19, 2024 March 18, 2024
  • 09:00

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

Group annuity market growing as DB pension plans move to de-risk

Ford of Canada’s recent transfer of $923 million in pension liabilities to Desjardins Group, RBC Insurance and Sun Life Assurance Co. of Canada augurs well…

FSRA names Andrew Fung EVP of pensions

The Financial Services Regulatory Authority of Ontario is appointing Andrew Fung as executive vice-president of pensions, effective March 11, 2024. Fung first joined the Financial…

  • By: Staff
  • March 20, 2024 March 20, 2024
  • 15:00

OPB working with employers to receive salary information of employees impacted by Bill 124

The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00

UPP keeping plan members engaged, informed with new web portal

The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…

OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report

Retirement benefits paid out by the Ontario Municipal Employees Retirement System accounted for 9.3 per cent of retirement income in Ontario in 2023, according to…

  • By: Blake Wolfe
  • February 15, 2024 February 14, 2024
  • 09:00

How Ontario pay transparency legislation will impact employers

As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…

Desjardins using budget workshops, interactive game to support employee financial wellness

Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…