CIR news

Latest news in Canadian Investment Review News

Ehren Cory appointed as new Canada Infrastructure Bank CEO

Ehren Cory appointed as new Canada Infrastructure Bank CEO

The Canada Infrastructure Bank has appointed Ehren Cory as its new chief executive officer. Cory previously served as Infrastructure Ontario’s president and chief executive and…

Alberta’s LAPP ending coordination option due to pension member confusion

Alberta’s LAPP ending coordination option due to pension member confusion

Alberta’s Local Authorities Pension Plan is cancelling its coordination option, citing regret and confusion from plan members who mistakenly accessed the feature without fully understanding…

  • By: Blake Wolfe
  • October 29, 2020 January 19, 2021
  • 07:12
Bank of Canada holds rate steady, says coronavirus economic recovery likely by 2022

Bank of Canada holds rate steady, says coronavirus economic recovery likely by 2022

The Bank of Canada kept its key interest rate on hold Wednesday as it said the country’s economy won’t recoup the losses from the coronavirus…

Bank of Canada scaling back financial market support programs

Bank of Canada scaling back financial market support programs

As financial market conditions improve, the Bank of Canada is scaling back some measures it introduced in the immediate aftermath of the coronavirus outbreak to…

  • By: Staff
  • October 27, 2020 January 19, 2021
  • 08:29
OPTrust invests in environmental and waste management solutions company

OPTrust invests in environmental and waste management solutions company

The OPSEU Pension Trust is investing in Environmental 360 Solutions Inc., an environmental and waste management solutions company that serves municipalities and commercial customers. The…

  • By: Staff
  • October 23, 2020 January 19, 2021
  • 07:41
Statistics Canada says annual inflation rate rose 0.5% in September

Statistics Canada says annual inflation rate rose 0.5% in September

Canada’s headline inflation measure went up in September by 0.5 per cent compared with a year ago, a better-than-expected increase, but one that experts say…

OTPP invests in data centre company, financial advisory firm, Caisse encourages diversity with new fund

OTPP invests in data centre company, financial advisory firm, Caisse encourages diversity with new fund

The Ontario Teachers’ Pension Plan is leading a new US$360 million equity investment in a Singapore-based data centre developer, operator and investor. Founded in 2017,…

  • By: Staff
  • October 22, 2020 January 19, 2021
  • 08:32
‘Dear Canada’: Colorado climate group appeals to Canadians over CPPIB-owned energy firm

‘Dear Canada’: Colorado climate group appeals to Canadians over CPPIB-owned energy firm

A U.S. environmental group is making a direct appeal to Canadians for help in persuading the Canada Pension Plan Investment Board to end its investment…

Companies have modest hiring plans, low wage growth expectations, Bank of Canada says

Companies have modest hiring plans, low wage growth expectations, Bank of Canada says

Canadian workers and companies expect wage growth to stay low over the coming year over heightened uncertainty from the coronavirus pandemic, the Bank of Canada…

Europe’s central banker: Recovery risks losing momentum

Europe’s central banker: Recovery risks losing momentum

The head of the European Central Bank says the economic recovery from the coronavirus pandemic “risks losing momentum” due to a second wave of infections…

Two B.C. employers join CAAT’s DBplus pension

Two B.C. employers join CAAT’s DBplus pension

Two employers from British Columbia’s not-for-profit sector are joining the Colleges of Applied Arts and Technology pension plan’s DBplus. Effective Oct. 1, 53 full-time and…

  • By: Staff
  • October 16, 2020 January 19, 2021
  • 07:41
BoC deputy: pandemic means central banks must ‘move faster’ on digital currency plans

BoC deputy: pandemic means central banks must ‘move faster’ on digital currency plans

Pandemic-related shifts in how people shop, sending more people into cyberspace than a physical space, means central banks must speed up work on creating their…

Markets sending mixed signals leading up to U.S. election

Markets sending mixed signals leading up to U.S. election

With U.S. stock prices exceeding pre-coronavirus highs and credit spreads nearly as tight as before the pandemic, investors are signalling overconfidence in the market, says…

  • By: Yaelle Gang
  • October 14, 2020 January 19, 2021
  • 09:41
Caisse makes first infrastructure equity investment in Spain, CPPIB to sell stake in London real estate

Caisse makes first infrastructure equity investment in Spain, CPPIB to sell stake in London real estate

The Caisse de dépôt et placement du Québec is buying a portfolio of 73 photovoltaic plants from Q-Energy Ltd., the first step in creating a…

  • By: Staff
  • October 13, 2020 January 19, 2021
  • 12:52
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Path to economic recovery filled with risks that need to be managed, Macklem says

The governor of the Bank of Canada said managing the risks from the pandemic is more critical than ever and it is key to a…

A look at pension funding cushions from coast to coast

Long before the global pandemic, jurisdictions across Canada were embarking on pension solvency reform, with some moving from strict 100 per cent solvency funding requirements…

  • By: Yaelle Gang
  • October 7, 2020 January 19, 2021
  • 10:27
Caisse investing in cyber security company

Caisse investing in cyber security company

The Caisse de dépôt et placement du Québec is co-leading a $55 million series D financing round for Onapsis, an application cyber security and compliance…

  • By: Staff
  • October 7, 2020 January 19, 2021
  • 09:09
Alain Malaket: An early-mover in the Canadian pension industry

Alain Malaket: An early-mover in the Canadian pension industry

While target-date funds are now a staple in the Canadian defined contribution pension industry, it wasn’t always so. Some of the first employers to bring…

  • By: Yaelle Gang
  • October 7, 2020 January 19, 2021
  • 08:30
OMERS leading funding round for cloud communications company

OMERS leading funding round for cloud communications company

The Ontario Municipal Employees Retirement System’s private equity arm is leading a $100 million round of Series E funding for Dialpad Inc. Dialpad provides businesses…

  • October 6, 2020 January 19, 2021
  • 10:04
Is value investing still relevant in a volatile market?

Is value investing still relevant in a volatile market?

Back in December 2018, I wrote an article asking whether it was a good time for pension plan sponsors to revisit value investing. At that time, public…

  • October 6, 2020 December 6, 2020
  • 08:45
IMF head says global economy facing long climb to recovery

IMF head says global economy facing long climb to recovery

The head of the International Monetary Fund says that the global economy has started on a long climb to stronger growth with prospects looking a…

Caisse part of group investing $150M in Quebec-based agri-food company

Caisse part of group investing $150M in Quebec-based agri-food company

The Caisse de dépôt et placement du Québec is part of a group investing $150 million in Quebec-based agri-food company Sollio Cooperative Group. The other…

  • October 6, 2020 January 19, 2021
  • 08:15
CAP plan sponsors focusing on learnings from first six months of pandemic

CAP plan sponsors focusing on learnings from first six months of pandemic

While many Canadians panicked and stocked up on toilet paper when a global pandemic was declared in March, most capital accumulation plan members stayed calm…

  • October 5, 2020 January 19, 2021
  • 13:53
DBplus: new de-risking tool in the pension toolkit

DBplus: new de-risking tool in the pension toolkit

Defined benefit pension plans that were on route to de-risking when the coronavirus hit are facing a difficult road ahead in the current lower-for-longer interest…

  • October 5, 2020 January 19, 2021
  • 10:42
Great-West Lifeco subsidiary buys MassMutual retirement services business

OMERS appointing Paul Brundage as deputy chair of investments

The Ontario Municipal Employees Retirement System has appointed Paul Brundage as deputy chair of investments, effective Oct. 1. Previously, he was executive vice-president of Europe…

  • October 5, 2020 February 23, 2021
  • 08:17