Plan design changes are on the horizon for the Ontario Municipal Employees Retirement System’s primary pension plan. The OMERS Sponsors Corp. board has approved five…
Canada is providing federally regulated employers with more time to recall employees who were laid off due to the coronavirus pandemic. Under employment legislation, employers could temporarily lay…
Manulife Financial and its U.S. division John Hancock are investing more than $3.5 million over the next two years to promote diversity, equity and inclusion…
While benefits plan members are experiencing levels of stress that impact their productivity at work, a growing number feel their employer is supporting their mental…
The federal government is introducing new regulations to protect employees from harassment and violence in the workplace. The regulations, which take effect on Jan. 1, 2021,…
The Canada Pension Plan Investment Board and the Public Sector Pension Investment Board are participating in the initial round of financing for Seattle-based Sana Biotechnology Inc.…
The Principles for Responsible Investment has released a framework for investors to help focus on aligning their activities with the UN’s sustainable development goals. “Issues…
The Ontario Teachers’ Pension Plan is appointing Karen Frank as senior managing director of equities. Based in the pension fund’s London office, she’ll take on the new role in…
While 87 per cent of Canadian employees who started working remotely for the first time during the coronavirus pandemic believe it will have a long-term…
The Ontario Pension Board has released a statement addressing the role it plays in standing against anti-Black and anti-Indigenous racism. “I know some of you…
Along with the rest of the globe, Canada isn’t likely to see the V-shaped recovery that institutional investors were hoping for as it stares down…
Benefits plan members are increasingly using digital devices and mobile apps to improve their health, according to the 2020 Sanofi Canada health-care survey. More than…
Saskatchewan refinery workers have ratified a tentative agreement with Federated Co-operatives Ltd., bringing an end to a half-year labour dispute over the company’s defined benefit pension…
While it may seem counter intuitive to add higher-risk securities to a portfolio during times of severe market stress, doing so can be part of…
Saskatchewan’s Public Employees Benefits Agency is engaging CIBC Mellon to provide global and domestic custody, institutional accounting and securities lending. Through the partnership, the PEBA will use BNY Mellon…
The Ontario Teachers’ Pension Plan is joining a consortium of other institutional investors to invest in certain gas pipeline assets of the Abu Dhabi National Oil Co.…
The Financial Services Regulatory Authority of Ontario is updating its guidance for pension plans around filing deadlines and member communications. The update reflects the government of Ontario’s regulations…
About three-quarters (72 per cent) of Canadians with a workplace health benefits plan have a traditional plan and 28 per cent have a flex plan,…
The long-term economic impacts of the COVID-19 s pandemic is anybody’s best guess, as are its long-term health impacts. Emerging evidence shows that, even after recovering…
The coronavirus pandemic will leave some long-term economic damage that will only become clearer as the country moves further along a “prolonged and bumpy” course…
The Caisse de dépôt et placement du Québec is investing $8.7 million in Canadian architecture and design firm Lemay in the form of a loan.…
The Alberta Investment Management Corp. is appointing Mark Wiseman as a board director and the chair of its board of directors, effective July 1, 2020. Wiseman will…
With central banks targeting short-term interest rates near zero and engaging in quantitative easing, will they resort to other monetary policy tools like yield curve…
For many employers, the newly digital office environment necessitated by the coronavirus pandemic can be awkward, especially for recent graduates entering career-track jobs for the…
Mark Wiseman has been named as a director and the chair of the Alberta Investment Management Corp.’s board of directors, effective July 1, 2020. Wiseman…