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Canadian DB pension plan assets rise 1.9% in April: report

A typical Canadian defined benefit pension plan’s funded position improved on a solvency basis and decreased on an accounting basis in April as a result…

  • By: Staff
  • May 11, 2023 May 11, 2023
  • 12:00
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Ontario Teachers’ investing in telecom network, launching mixed use development in Montreal

The Ontario Teachers’ Pension Plan is investing in a wireless communications infrastructure company. Diamond Communications, which specializes in developing wireless network facilities to enhance internet…

  • By: Staff
  • May 9, 2023 May 9, 2023
  • 12:30

Canadian DB pension plans see median return of 4.23% in Q1 2023: report

Canadian defined benefit pension plans generated a median return of 4.23 per cent for the first quarter of 2023, according to the BNY Mellon Canadian…

  • By: Staff
  • May 9, 2023 May 8, 2023
  • 09:00
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N.S. Teachers’ Pension Plan’s funded status dips to 75.1%: annual report

The Nova Scotia Teachers’ Pension Plan’s funded status dipped from 82.5 per cent to 75.1 per cent on a going-concern basis in 2022, according to…

  • By: Staff
  • May 4, 2023 May 3, 2023
  • 12:30

OMERS backing hepatitis C drug, BCI acquiring stake in space technology company

The pharmaceutical arm of the Ontario Municipal Employees’ Retirement System is acquiring a stake in an anti-viral drug. According to the terms of a $200-million…

  • By: Staff
  • May 4, 2023 May 4, 2023
  • 12:30
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Canadian DB pension plans generated strong returns in Q1: report

The median Canadian defined benefit pension plan’s investments returned 4.2 per cent during the first quarter of 2022, according to a new report by Northern Trust…

  • By: Staff
  • May 4, 2023 May 4, 2023
  • 09:00
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Controversial super-priority pension bill receives royal assent

A controversial law giving super-priority to defined benefit pension plan members during plan windups and insolvencies is coming into effect after receiving royal assent from…

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Canadian DB pension plans see median return of 4% in Q1 2023: report

Canadian defined benefit pension plans generated a median return of four per cent in the first quarter of 2023, up from 3.8 per cent in…

  • By: Staff
  • May 1, 2023 April 28, 2023
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on two upcoming executive departures at the Ontario Pension Board was the most-read story on BenefitsCanada.com over the last week. Here are the five…

  • By: Staff
  • April 28, 2023 April 27, 2023
  • 09:00

ACPM urging Retraite Québec to streamline approach to actuarial solvency valuations

The Association of Canadian Pension Management is urging Retraite Québec to streamline its approach to actuarial solvency valuations for pension plans with members outside of…

  • By: Staff
  • April 26, 2023 April 26, 2023
  • 09:00

Ontario Pension Board preparing for departure of two top executives

The Ontario Pension Board is announcing its plans for managing the coming departures of two of its top executives — Mark Fuller, president and chief…

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Ontario Teachers’ highlights sustainable building opportunities in new report

As countries seek to reach net-zero carbon emissions targets by 2050, demand for buildings to be retrofit to improve energy efficiency will more than double,…

  • By: Staff
  • April 20, 2023 April 20, 2023
  • 12:30

CAAT remains 124% funded despite 2022 investment losses: annual report

The College of Arts and Technology pension plan’s assets dropped 2.3 per cent while its funded ratio on a going-concern basis remained at 124 per…

  • By: Staff
  • April 20, 2023 April 20, 2023
  • 12:00
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How will crypto disclosure rules impact federally regulated pension plans?

In its 2023 budget, the federal government announced plans to require that federally regulated pension plan sponsors disclose their cryptocurrency asset exposure to the Office of…

OMERS managing Canada’s most profitable mall, Ontario Teachers’ investing in renewable natural gas projects

The real estate arm of the Ontario Municipal Employees’ Retirement System is operating the most productive shopping centre in Canada, according to a new report…

  • By: Staff
  • April 18, 2023 April 18, 2023
  • 13:00

Canadian DB pension plan assets rise 1.8% in March: report

The funded position of a typical Canadian defined benefit pension plan improved on a solvency and accounting basis in March, according to a new report…

  • By: Staff
  • April 18, 2023 April 18, 2023
  • 12:30
Caisse investing in wind and solar projects, AIMCo in German real estate

Integration of two PSP portfolio companies to help Ontario meet growing clean energy needs

A Northern Ontario-based hydroelectric power company owned by the Public Sector Pension Investment Board is being integrated into another one of PSP Investments’ assets, a clean…

  • By: Staff
  • April 13, 2023 April 13, 2023
  • 12:30

Public DB plans driving pension software sector growth: report

Government-backed defined benefit pension plans are driving growth in the pension administration software sector, according to a new report by Marqual IT Solutions Ltd. The…

  • By: Staff
  • April 13, 2023 April 12, 2023
  • 12:30
Caisse, CPPIB, Ontario Teachers’ invest in insurance company

SHEPP appointing Colette Wagner as senior investment analyst

The Saskatchewan Healthcare Employees’ Pension Plan is appointing Colette Wagner as a senior investment analyst. In the new role, she’ll oversee the asset managers responsible…

  • By: Staff
  • April 11, 2023 April 11, 2023
  • 12:30
Alberta Teachers’ Association set to legally challenge pension order

AIMCo revealing details of ESG integration process: report

The Alberta Investment Management Corp. is revealing details of how environmental, social and governance factors are used alongside traditional financial analysis in its investment strategy.…

  • By: Staff
  • April 6, 2023 April 6, 2023
  • 12:30

NYC pensions leading motion to review Starbucks’ labour practices

A consortium of five New York City defined benefit pension plans has led a successful campaign to launch an external review of labour practices at…

  • By: Staff
  • April 4, 2023 April 3, 2023
  • 12:30
Employer pension plan asset values grows 2.3% in Q4 2019

Median solvency ratio of Canadian DB pensions rose to 116% in Q1 2023: report

The median solvency ratio of Canadian defined benefit pension plans rose during the first quarter of 2023, from 113 per cent at the beginning of…

  • By: Staff
  • April 4, 2023 April 3, 2023
  • 09:00
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OMERS buying U.S. bio-manufacturing facility, Ontario Teachers’ acquiring Australian produce seller

The real estate arm of the Ontario Municipal Employees’ Retirement System is acquiring a pharmaceutical manufacturing facility in Raleigh, NC. The Oxford Properties Group is…

  • By: Staff
  • March 30, 2023 March 29, 2023
  • 12:30
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U.S. bank failures have minimal impact on public pension plans: experts

When two U.S. banks failed this month, among the investors who lost millions were U.S. public sector pension funds responsible for ensuring the retirements of…

Canadian DB pension plan solvency down 0.7% in February: report

The funded position of a typical Canadian defined benefit pension plan fell slightly on a solvency basis and rose on an accounting basis in February,…

  • By: Staff
  • March 21, 2023 March 21, 2023
  • 12:30