Approximately seven per cent of Canadian companies plan to freeze salaries in 2021, according to a new survey by Normandin Beaudry. It found that while fewer…
Mike Macoun joined the Benefits Alliance Group as the organization’s new president earlier this month. He brings nearly seven years of experience in the employee…
The Canada Revenue Agency is tweaking the requirements for three federal benefits following an uproar over the possibility of Canadians applying for the Canada Recovery Sickness Benefit after ignoring…
The Association of Canadian Pension Management is calling on the federal government to implement two measures to assist in identifying deceased pension plan beneficiaries and…
With coronavirus vaccines rolling out across Canada, employers must consider the privacy and human rights implications of requiring vaccinations for their teams, says Shaun Parker,…
The Ontario Teachers’ Pension Plan and Ares Management Corp. are both acquiring a majority interest in U.S.-based packaging company TricorBraun. The packaging company’s management team…
An environmental coalition is appealing to Ontario teachers to pressure their pension fund to divest from companies that develop or transport fossil fuel products. In…
Health Canada says it’s delaying the implementation of long-awaited changes to Canada’s drug-pricing regime by another six months. A spokesman for the department, says the amendments…
The Canada Pension Plan Investment Board is forming a joint venture with Greystar Real Estate Partners to pursue multi-family real estate development opportunities in target markets in the…
The Ontario Teachers’ Pension Plan is among the investors contributing more than US$1.6 billion in Series E+ financing to Zuoyebang, a China-based online education start-up.…
Morneau Shepell Ltd. is appointing Paula Allen as global leader and senior vice-president of research and total well-being. She’s been with the company for 15…
The aggregate funded ratio for Canadian pension plans in the S&P/TSX composite index increased from 90.8 per cent to 91.2 per cent during the past…
Enbridge Inc. is undertaking a series of steps to further diversify its workforce and address anti-Black systemic racism, starting with signing onto the BlackNorth Initiative…
The Canada Life Assurance Co. is absorbing the Toronto-Dominion Bank’s TD Future Builders retirement savings plan program members as of March 19. “We believe Canada Life…
A rally on the stock market in the fourth quarter helped boost the strength of Canadian defined benefit pension plans to end 2020, according to…
A series of legislative changes to Canada’s labour code aiming to make workplaces healthier, safer and fairer took effect as of Jan. 1, 2021. The…
The Caisse de dépôt et placement du Québec and local investor Cathay PE are jointly acquiring a 50 per cent interest in the Greater Changhua…
The Ontario Teachers’ Pension Plan is appointing Nick Jansa as senior managing director for its Europe, Middle East and Africa markets. Jansa will be based…
The Caisse de dépôt et placement du Québec is investing an additional US$1 billion in Invenergy Renewables, a developer and operator of wind and solar…
While institutional investors are facing an “unquestionably brighter” economic outlook in 2021, challenges such as fluctuations in the U.S. and Canadian dollars still lie ahead,…
The Healthcare of Ontario Pension Plan’s struggles when the dot-com bubble burst planted the seeds for the liability-driven investing strategy it’s so well known for…
Defined benefit plan sponsors are undoubtedly familiar with scenario risk analysis, but applying that concept to their portfolio’s climate risk is a whole new ballgame.…
Central banks slowing their quantitative easing policies and economic improvements off the back of wide-scale vaccination efforts should both provide bond yields with a modest…
Sun Life Canada is launching a new virtual mental-health coach for plan members that taps into the power of predictive analytics. The virtual coach will launch in the first…
The Canada Revenue Agency is introducing a simplified process to claim up to $400 in office expenses for Canadians working from home during the coronavirus…