Latest news in Benefits Canada Archive

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If private equity doesn’t perform, is it worth institutional investors’ trouble?

As private equity investments become more commonplace in pension fund portfolios, is the asset class really worth it? According to a paper by Ludovic Phalippou,…

  • By: Staff
  • July 15, 2020 December 6, 2020
  • 08:52
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A fundamental problem with target-date funds

Target-date funds lead to defined contribution plan members taking more risk and becoming more diversified than they would be if left to their own devices.…

Aon U.S. launching pooled employer retirement plan

Global consulting firm Aon is launching a new pooled employer retirement plan on Jan. 1, 2021. U.S. defined contribution plan sponsors will be able to…

Blair Richards moves to CIO of Halifax Port ILA/HEA pension plan

Blair Richards moves to CIO of Halifax Port ILA/HEA pension plan

The Halifax Port ILA/HEA pension plan has appointed Blair Richards as its chief investment officer. After more than 20 years as chief executive officer, he…

  • By: Staff
  • July 14, 2020 November 11, 2020
  • 15:30
BCI publishes ESG strategy

BCI publishes ESG strategy

The British Columbia Investment Management Corp. has released its environmental, social and governance strategy, which outlines its beliefs, principles, governance and how its investment strategies…

  • By: Staff
  • July 14, 2020 November 11, 2020
  • 15:15
Federal wage subsidy to be extended to December, says Trudeau

Federal wage subsidy to be extended to December, says Trudeau

The federal government is for the second time extending its program to subsidize wages in companies hit hard by the COVID-19 pandemic, this time until…

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AIMCo board completes volatility trading strategy review

The Alberta Investment Management Corp.’s board of directors has completed its review of a volatility trading strategy, known as VOLTS, that resulted in $2.1 billion…

  • By: Staff
  • July 14, 2020 December 6, 2020
  • 09:23
Genetic non-discrimination law is constitutional, says Supreme Court

Genetic non-discrimination law is constitutional, says Supreme Court

In a split decision, the Supreme Court of Canada has upheld a federal law that forbids companies from making people undergo genetic testing before buying insurance…

Could the pandemic prompt employment insurance reforms?

Could the pandemic prompt employment insurance reforms?

More than eight million Canadians have received the $2,000 monthly Canada Emergency Response Benefit over the course of the pandemic. But labour experts say its…

AIMCo’s board makes recommendation after reviewing strategy that lost $2.1 billion

The Alberta Investment Management Corp. has completed its review of a volatility trading strategy, known as VOLTS, that resulted in $2.1 billion in losses in the…

  • By: Staff
  • July 14, 2020 January 20, 2021
  • 08:45

Statistics Canada analysis suggests small hit to inflation from pandemic

Statistics Canada says Canadians’ buying patterns changed so much during the coronavirus pandemic that its measure of consumer inflation went a little wobbly. The agency…

Saint John Airport staff join CAAT’s DBplus

Firefighters, administrative and infrastructure maintenance personnel at the Saint John Airport are among the newest members to join the Colleges of Applied Arts and Technology…

  • By: Staff
  • July 13, 2020 December 6, 2020
  • 16:26
Saint John Airport staff latest to join CAAT’s DBplus

Saint John Airport staff latest to join CAAT’s DBplus

Firefighters, administrative and infrastructure maintenance personnel at the Saint John Airport are among the newest members to join the Colleges of Applied Arts and Technology…

  • By: Staff
  • July 13, 2020 November 30, 2020
  • 15:15
CPPIB appointing new senior advisor for Europe

CPPIB appointing new senior advisor for Europe

The Canada Pension Plan Investment Board is appointing Guillaume Pepy as senior advisor for Europe. In the new role, which started July 1, he’ll engage with…

  • By: Staff
  • July 13, 2020 November 12, 2020
  • 15:00
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BCI releases ESG strategy

The British Columbia Investment Management Corp. has released its environmental, social and governance strategy, which outlines its beliefs, principles, governance and how its investment strategies…

  • By: Staff
  • July 13, 2020 December 6, 2020
  • 14:14
PMPRB changes within scope of Patent Act, rules federal court in judicial review

PMPRB changes within scope of Patent Act, rules federal court in judicial review

The Federal Court has upheld reforms to the Patented Medicines Pricing Review Board that updated the board’s reference countries for drug pricing and required it…

Active Engagement is Key to Driving Sustainable Investment Goals

Download the research paper (0.93 MB) Our latest research in partnership with Oxford Risk highlights that individuals care about sustainable investing, with younger investors in…

  • July 13, 2020 November 11, 2020
  • 08:59
PSP sees -0.6% return for fiscal year

PSP sees -0.6% return for fiscal year

The Public Sector Pension Investment Board saw a negative 0.6 per cent return for its last fiscal year, which ended March 31, 2020. Severe market…

  • By: Staff
  • July 13, 2020 November 12, 2020
  • 08:45
RBC Insurance rolling out additional mental-health resources

RBC Insurance rolling out additional mental-health resources

RBC Insurance is offering additional mental-health resources for plan sponsors and their members. The free resources include therapist-assisted online cognitive behavioural therapy through AbilitiCBT, as…

  • By: Staff
  • July 10, 2020 November 12, 2020
  • 15:15
CPPIB investing in non-dairy protein maker

CPPIB investing in non-dairy protein maker

The Canada Pension Plan Investment Board is leading a new tranche of financing for animal-free dairy maker Perfect Day Inc. The financing marks an expansion…

  • By: Staff
  • July 10, 2020 November 12, 2020
  • 15:00
Largest Canadian pensions should maintain Fitch ratings through crisis: report

Largest Canadian pensions should maintain Fitch ratings through crisis: report

Canada’s 11 largest pension funds should be able to maintain their current credit ratings through ongoing market turmoil, according to Fitch Ratings Inc. Nevertheless, return…

  • By: Staff
  • July 10, 2020 November 12, 2020
  • 15:00
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PSP Investments sees -0.6% net return for fiscal year

The Public Sector Pension Investment Board posted a negative 0.6 per cent net return for the fiscal year, which ended March 31, 2020. Severe market…

  • By: Staff
  • July 10, 2020 December 6, 2020
  • 12:41
Prescription for mental-health drugs on the rise during pandemic: analysis

Prescription for mental-health drugs on the rise during pandemic: analysis

The coronavirus pandemic has prompted a spike in the use of prescription medication for mental-health concerns, according to an analysis by Express Scripts Canada. The…

  • By: Staff
  • July 10, 2020 November 12, 2020
  • 09:15
Is it time for pension plan sponsors to revisit risk tolerance?

Is it time for pension plan sponsors to revisit risk tolerance?

The coronavirus crisis may be a signal for some pension plan sponsors that it’s time to revisit their appetite for risk. A typical asset-liability study…

What’s keeping ESG rankings so convoluted?

What’s keeping ESG rankings so convoluted?

With its recent acquisition of environmental, social and governance data analytics provider Sustainalytics, Morningstar Inc. is taking aim at the disparate ESG disclosure requirements still hampering…

  • By: Staff
  • July 10, 2020 November 12, 2020
  • 09:00