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Bank of Canada unlikely to follow any Fed interest rate cut: experts

The U.S. Federal Reserve is widely expected to cut its interest rate Wednesday for the first time in over a decade⁠ — a big step,…

SaskTel union bargaining for mental-health days, domestic violence leave

SaskTel union bargaining for mental-health days, domestic violence leave

Employees at Saskatchewan Telecommunications Holding Corp. are giving Unifor’s bargaining team a strong mandate to take strike action, if necessary, in the quest for a fair contract.…

Canadian DB plans post median 2.5% return in Q2

Canadian DB plans post median 2.5% return in Q2

Canadian defined benefit plans posted a median return of 2.5 per cent during the second quarter of 2019, according to data by Northern Trust Corp.…

  • By: Staff
  • July 31, 2019 November 12, 2020
  • 08:50
Trading

Leveraged buyouts increase chance of bankruptcy: research

Leveraged buyouts have a reputation for creating bankruptcy risk for the company being purchased. “With the recent wave of private equity-backed leveraged buyouts that are…

  • By: Staff
  • July 30, 2019 January 9, 2021
  • 09:59
CPPIB, BCI taking stakes in separate health-care technology companies

CPPIB, BCI taking stakes in separate health-care technology companies

The Canada Pension Plan Investment Board, along with investment firm EQT Partners, is acquiring a majority stake in Waystar Inc. from Bain Capital valued at $2.7…

  • By: Staff
  • July 30, 2019 November 12, 2020
  • 09:45
Could Quebec’s public drug plan work for national pharmacare?

Could Quebec’s public drug plan work for national pharmacare?

Quebec’s universal pharmacare program offers better drug coverage and quicker approval for new drugs coming to market than the rest of Canada, according to a…

Ratio of younger, older workers at parity: StatsCan

Ratio of younger, older workers at parity: StatsCan

As of 2018, there was one Canadian worker over the age of 55 for every worker between the ages of 25 and 34, according to…

  • By: Staff
  • July 30, 2019 November 12, 2020
  • 09:00
First State Super, VicSuper looking to merge

First State Super, VicSuper looking to merge

For pension plans, consolidation can come with benefits. Around the world, funds are announcing they’re moving forward with plans to merge. In Canada, faculty associations at the University…

  • By: Staff
  • July 29, 2019 November 30, 2020
  • 15:00
RIA sets up responsible investing marketplace for Canadian investors

RIA sets up responsible investing marketplace for Canadian investors

The Responsible Investment Association is creating a hub for investors looking for advice on responsible investing and related investment options and services. The RI Marketplace,…

  • By: Staff
  • July 29, 2019 November 12, 2020
  • 10:00
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First State Super, VicSuper merger update

For pension plans, consolidation can come with benefits. And around the world, funds are announcing they’re moving forward with plans to merge. In Canada, members…

  • By: Staff
  • July 29, 2019 January 9, 2021
  • 09:25
People of colour in corporate Canada experiencing ’emotional tax:’ study

People of colour in corporate Canada experiencing ’emotional tax:’ study

Canadian people of colour, specifically employees who identify as black, East Asian and South Asian, are experiencing high levels of “emotional tax,” according to a…

  • By: Staff
  • July 29, 2019 November 12, 2020
  • 09:00
Union agreement for legal aid workers includes vision care, sick leave

Union agreement for legal aid workers includes vision care, sick leave

Legal aid workers who are members of the Canadian Union of Public Employees Local 1949 have signed a tentative agreement that includes an increase in vision care…

  • By: Staff
  • July 29, 2019 November 12, 2020
  • 08:15
Franklin Templeton adds new CIO to global equity group

Franklin Templeton adds new CIO to global equity group

Franklin Templeton Investments Corp. is appointing Alan Bartlett as chief investment officer of its global equity group. When he begins the new role in October, Bartlett will replace…

  • By: Staff
  • July 26, 2019 November 12, 2020
  • 15:00

Editorial: To save for the short term or long term, that is the question

In times of increased economic uncertainty, the number of tough financial choices facing the average person seems to rise exponentially. Clashing priorities battle it out:…

Head to head: In the midst of a cost-of-living crisis, should employees contribute to a DC plan or an ESOP?

One employee touts the benefits of an ESOP, while an academic notes it depends on individual financial circumstances and plan design. Morgan Zirul, store manager,…

PepsiCo Canada enhances financial wellness strategy with personalized platform

PepsiCo Canada may be known for quenching thirst and satisfying snack cravings, but the organization’s leadership recently identified another kind of demand: clearer, more personalized…