CIR news

Latest news in Canadian Investment Review News

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Mercer Canada report says rally in stocks helped strengthen pension plans to end year

A rally on the stock market in the fourth quarter helped boost the strength of Canadian defined benefit pension plans to end the year, a…

Institutional investing in 2021: looking towards the future

Last year offered up one of most tempestuous investment environments in recent memory, and this year looks to be equally dynamic. It will be increasingly…

Finding yield and diversification opportunities in small-balance credit

Finding yield and diversification opportunities in small-balance credit

Small-balance credit—a subset of alternative credit gaining traction in the United States as fintech makes modest consumer and business loans more investable—could be a yield…

Value taking centre stage in discussions around defined-contribution investment fees

Value taking centre stage in discussions around defined-contribution investment fees

Anyone flipping through a prospectus for an employer’s defined contribution pension plan or group registered retirement savings plan will notice a recurring theme when it…

Wellington Management joins net zero asset managers’ initiative

Wellington Management joins net zero asset managers’ initiative

Wellington Management Co. is joining the net zero asset managers’ initiative as a founding member. The company is committing to working with clients on their…

  • By: Staff
  • December 15, 2020 January 19, 2021
  • 09:07
Public sector union pressuring PSP to ‘pull out’ of all long-term care investments

Public sector union pressuring PSP to ‘pull out’ of all long-term care investments

The Public Service Alliance of Canada is reiterating a call for its pension investment manager to divest its ownership in Revera Inc. over the company’s…

Corby, Hiram Walker entering $176-million group annuity buy-in

Corby Spirit and Wine Ltd. and Hiram Walker & Sons Ltd. are de-risking with a $176-million group annuity buy-in amidst volatile markets caused by the…

  • By: Staff
  • December 7, 2020 December 7, 2020
  • 16:20
Ontario Teachers’ investing in eye-care provider

Ontario Teachers’ investing in eye-care provider

The Ontario Teachers’ Pension Plan is acquiring a majority stake in NVISION Eye Centers, a U.S.-based provider of eye-care services. As part of the transaction,…

  • By: Staff
  • December 2, 2020 January 19, 2021
  • 12:12

Pension funds playing defence amid coronavirus crisis

Despite several bumps in the decade since the 2008/09 financial crisis, the swift and brutal crash in global equity prices when the coronavirus was declared…

Canadians named to advisory board developing transparency benchmark for pensions

Canadians named to advisory board developing transparency benchmark for pensions

A new advisory board tasked with creating a benchmark for transparency throughout global pension investment systems will include two Canadian members. The board was jointly…

  • By: Staff
  • November 25, 2020 January 19, 2021
  • 09:20
Institutional investors share experiences with ESG investing

Institutional investors share experiences with ESG investing

Demand for defined benefit pension plan sponsors to focus on environmental, social and governance factors through their investments is growing. Both plan sponsors and members…

NL’s College of Physicians and Surgeons latest employer to join DBplus pension

NL’s College of Physicians and Surgeons latest employer to join DBplus pension

The College of Physicians and Surgeons of Newfoundland and Labrador is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s…

  • By: Staff
  • November 19, 2020 January 19, 2021
  • 09:00
Nav Canada, Goodyear Canada share experiences with LDI in low interest rate world

Nav Canada, Goodyear Canada share experiences with LDI in low interest rate world

Despite the low interest rate environment, it still makes sense for defined benefit pension plan sponsors to adopt a liability-driven investment strategy, said Serge Lapierre,…

  • By: Yaelle Gang
  • November 19, 2020 January 19, 2021
  • 08:04

Bank of Canada governor says country needs to pick up pace on tackling climate change

Canada’s top central banker is making a plea for the country to more quickly address the impacts of climate change to avoid any economic ripple…

Michel St-Germain reflects on 45 years in pension industry, challenges ahead

As Canada’s pension landscape has evolved over the past 45 years, Michel St-Germain has been helping plan sponsors navigate it all. St-Germain, who is currently…

  • By: Yaelle Gang
  • November 17, 2020 February 23, 2021
  • 10:35
CPPIB earns 5% net return in fiscal Q2

CPPIB earns 5% net return in fiscal Q2

The Canada Pension Plan Investment Board ended its second quarter of fiscal 2021 with net assets of $456.7 billion, up from $434.4 billion at the…

  • By: Staff
  • November 17, 2020 January 19, 2021
  • 09:33
Bank of Canada deputy warns of long lasting pandemic ‘scars’ on economy

Bank of Canada deputy warns of long lasting pandemic ‘scars’ on economy

The second-in-command at the Bank of Canada is warning that economic “scars” from the coronavirus pandemic could become permanent without concerted effort from all Canadians.…

Lagarde: Recovery could be stop and go despite vaccine news

Lagarde: Recovery could be stop and go despite vaccine news

European Central Bank head Christine Lagarde warned Wednesday that the economy could face a “bumpy,” “stop-start” recovery despite good news about vaccine development. The top…

Bidenomics: More stimulus, tougher regulation and gridlock

Bidenomics: More stimulus, tougher regulation and gridlock

President-elect Joe Biden will inherit a vulnerable economic recovery under threat from a resurgent virus, likely with a divided Congress that will hinder his ability…

Pandemic threatens to undo gender equity progress in workforce: CPPIB report

Pandemic threatens to undo gender equity progress in workforce: CPPIB report

Soon after the beginning of the coronavirus pandemic, layoffs and the shift to remote working resulted in a 30-year low in female participation in the…

  • By: Staff
  • November 10, 2020 January 19, 2021
  • 10:13
Feds consulting on pension solvency relief measures, VPLAs

Feds consulting on pension solvency relief measures, VPLAs

The federal government is consulting on potential solvency funding relief options for 2021 and measures to further strengthen the framework for federally regulated pension plans.…

  • By: Staff
  • November 10, 2020 January 19, 2021
  • 09:24

Canadian DB pensions return 3.13% as markets rebound: report

Canadian defined benefit pension plans posted a median 3.13 per cent return for the third quarter of 2020, following a strong market rebound, according to…

  • By: Staff
  • November 5, 2020 November 5, 2020
  • 09:23
BCI and partners’ real estate fund completes $805 million closing, PSP invests in insurance-linked strategy

BCI and partners’ real estate fund completes $805 million closing, PSP invests in insurance-linked strategy

A real estate fund created by the British Columbia Investment Management Corp., QuadReal Property Group and RBC Global Asset Management Inc. is receiving $805 million…

  • By: Staff
  • November 5, 2020 January 19, 2021
  • 09:10
Caisse invests in fence and railing products company

Caisse invests in fence and railing products company

The Caisse de dépôt et placement du Québec is partnering with private equity firm TorQuest Partners to invest in fence and railing products company Barrette…

  • By: Staff
  • November 4, 2020 January 19, 2021
  • 09:02

Stock markets wobble on uncertainty in U.S. election

U.S. stock futures and markets around the world are mostly holding steady or ticking higher in early Wednesday trading, but only after spinning through an…