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Latest news in Canadian Investment Review News

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Federal public sector pension indexation rate set at 4.8% for 2024

The pension indexation rate for federal public sector pensions will be 4.8 per cent in 2024, according to the National Association of Federal Retirees. The…

  • By: Staff
  • November 30, 2023 November 30, 2023
  • 11:00

OPB appointing Darwin Bozek as president, chief pension officer

The Ontario Pension Board is appointing Darwin Bozek as president and chief pension officer, effective Feb. 1, 2024. He joins the OPB from the Alberta…

  • By: Staff
  • November 28, 2023 November 28, 2023
  • 09:00
ACPM calling on feds to streamline pension overpayment recovery

Removal of ‘30% rule’ could boost investment, reduce private equity fees for Canadian pension funds

If the federal government scraps its rule restricting Canadian pension funds from holding more than 30 per cent of the voting shares of investee corporations, pension…

Caisse invests $200M in Swedish battery maker, OMERS closes US$1BN term notes offering

The Caisse de dépôt et placement du Québec is investing $200 million in a Swedish company developing and manufacturing lithium-ion batteries for electric vehicles. The…

  • By: Staff
  • November 21, 2023 November 20, 2023
  • 11:00

Top money managers’ Canadian pension AUM up 7.7% year over year: report

The Canadian pension assets under management of the country’s top 40 investment managers increased by 7.7 percentage points over the previous year, from nearly $989…

  • By: Staff
  • November 21, 2023 November 20, 2023
  • 11:00

Former federal finance minister defends ‘sustainably successful’ CPP amid Alberta pension exit plan

Former federal finance minister Bill Morneau is standing up for the Canadian Pension Plan, calling it a uniquely successful investment organization that won’t be easily…

TTC Pension Plan on track to remove surprises from risk assessment

In the institutional investment sector, risk management means thinking about a lot of doom and gloom, but for Danny Ip, the job is more about…

Ontario Teachers’ invests $80M in Indian packaging operator, BCI boosts funding for quantum computing firm

The Ontario Teachers’ Pension Plan is investing $80 million in logistics service provider Xpressbees. The Indian packaging and shipping company, which offers its services across…

  • By: Staff
  • November 16, 2023 November 16, 2023
  • 11:00

Survey finds 77% of U.S. institutional investors worried about inflation and interest rates in 2024

A majority (77 per cent) of U.S.-based institutional investors expect interest rates and inflation to remain elevated in 2024, causing problems for risk assessments over…

  • By: Staff
  • November 16, 2023 November 16, 2023
  • 11:00
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CPPIB sells $2BN worth of fund interests, Caisse invests in Quebec media company

The Canada Pension Plan Investment Board is selling a portfolio of fund interests in 20 limited partnership buyout funds in a deal worth $2 billion.…

  • By: Staff
  • November 14, 2023 November 14, 2023
  • 11:00

Pension plans ready to invest in new Ontario Infrastructure Bank under right circumstances

The Ontario government’s new investment organization could incentivize institutional investors to take a closer look at infrastructure opportunities in the province, says Iftikhar Ahmed, a…

Ontario’s guidance for target-benefit MEPPs undermines incentives for plan sponsors: ACPM

The Ontario Ministry of Finance’s proposed guidance for multi-employer target-benefit pension plans undermines incentives for employers to contribute towards their employees’ retirement savings, including cost certainty,…

  • By: Staff
  • October 30, 2023 November 2, 2023
  • 09:00

How Texas’ Teacher Retirement System is incorporating AI into pension governance

While artificial intelligence represents a new cornerstone for institutional investors’ operational tasks, corporate governance will be essential to ensure the risks are properly managed, according…

Caisse pledging to allocate up to $8BN to Quebec managers by 2028

The Caisse de dépôt et placement du Québec is aiming to more than double the size of the assets it entrusts to Quebec external managers to…

  • By: Staff
  • October 26, 2023 October 25, 2023
  • 11:00
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Bank of Canada holds key interest rate at 5%, keeps door open to more rate hikes

The Bank of Canada held its key interest rate steady at five per cent, but hasn’t ruled out future rate hikes as price pressures remain…

IMCO joining network of employee ownership coalition

The Investment Management Corp. of Ontario is joining Ownership Works, a non-profit organization dedicated to implementing broad-based employee ownership programs, as a founding investor partner.…

  • By: Staff
  • October 24, 2023 October 24, 2023
  • 11:00
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CPPIB reports $79BN exposure to green and transition assets

The Canada Pension Plan Investment Board says it will meet its goal of holding $130 billion in green and transition assets by 2030, according to…

  • By: Staff
  • October 24, 2023 October 23, 2023
  • 09:00

BCI acquiring U.S. fiber communications provider

The British Columbia Investment Management Corp. is acquiring U.S.-based fiber communications solutions provider Consolidated Communications Holdings Inc. in a joint transaction with private investment firm…

  • By: Staff
  • October 19, 2023 October 19, 2023
  • 11:00
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Trudeau chides Smith for Alberta pension-exit debate, promises to defend stability of CPP

Prime Minister Justin Trudeau entered the Alberta pension-exit debate Wednesday, saying the federal government will fight any threat to the stability of the Canada Pension…

What do historically low interest rates mean for DB pension de-risking?

Climate, cybersecurity risks increasing for federally regulated pension plans: OSFI outlook

Climate and cybersecurity are the leading risk factors concerning Canadian pension plan administrators, according to a pension lawyer. Susan G. Seller, a pension and benefits…

Coverage of the 2023 Risk Management Conference

An effective risk management culture can’t be built on buzzwords — though defined benefit pension plan sponsors hear them a lot. In recent years, they’ve…

  • October 18, 2023 October 18, 2023
  • 08:01

2023 Risk Management Conference: Canada’s ongoing housing crisis may spur regime change in next federal election

Canadians could see a regime change in the next federal election if the current housing crisis holds tight, according to Chantal Hébert, political commentator, journalist, columnist and author,…

2023 Risk Management Conference: Are concentrated equity strategies living up to their premise?

Despite an attractive pitch to asset owners, concentrated equity strategies may be letting investors down, according to Seth Weingram, senior vice-president and director of client…

2023 Risk Management Conference: New dynamics in interest rates markets creating opportunities, risks for institutional investors

Institutional investors’ strategic approach to interest rates must evolve to properly reflect the risks and opportunities in today’s markets, according to Michael Cook, vice-president of…

2023 Risk Management Conference: Public real estate markets offer significant upside during high inflation

The underlying conservatism of public real estate investment markets can provide an inflation-proof cushion for institutional investors in uncertain times, said Corrado Russo, managing partner…