In a letter to the Canada Revenue Agency’s registered plans directorate, the Association of Canadian Pension Management said a new draft bulletin only covers a concern attached…
Canadian defined benefit plan sponsors are holding an almost equal amount of fixed income and equity in their portfolios, according to the Pension Investment Association of Canada’s 2019 asset…
CPPIB Credit Investments Inc., a wholly owned subsidiary of the Canada Pension Plan Investment Board, is selling 10 million shares in Battle North Gold Corp. The…
British Columbia’s ministry of labour is introducing a new online portal to help the government process applications for temporary layoff extensions more quickly. In late June, the province extended the…
Canadian defined benefit pension plans recovered some of their losses from the start of 2020 in the second quarter off the back of strong public…
Among Canadian expatriates who said their future plans have been affected by the coronavirus pandemic, 53 per cent said their health and well-being is now…
The Canada Pension Plan Investment Board is updating its policy on sustainable investing to reflect an increased conviction in the importance of environmental, social and governance risks…
Quebec has published new draft regulations aimed at helping the administrators of supplemental pension plans to navigate the coronavirus pandemic. The proposed regulations would allow plan members…
Mercer Canada is appointing Teresa Palandra as leader of its wealth business. Palandra will be in charge of investment, wealth management and retirement services and solutions…
The purchase offer for Cirque du Soleil from its secured creditors risks eliminating Quebec’s longstanding presence as a shareholder and causing losses of tens of…
Navacord Corp. is acquiring Ontario-based firms Selectpath Benefits and Financial Inc. and ProBenefits Consulting Inc., more than doubling its benefits revenue. With a strong presence…
When it comes to retirement benefits like the Canada Pension Plan and old-age security, the majority of Canadians don’t understand their options for deferral, according…
Several prominent players in Canada’s pensions and benefits industries have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle…
The Caisse de dépôt et placement du Québec, along with French utility company Engie, is acquiring the remaining 10 per cent stake in Brazilian oil and…
As lockdown restrictions begin to lift and companies co-ordinate their return-to-work processes, more than half (55 per cent) of Canadian employees said they’d prefer to…
Even before the coronavirus pandemic, U.S. employers were beefing up their financial well-being offerings and starting to see positive results, according to a new survey…
The University Pension Plan’s board of trustees has named Barbara Zvan as the inaugural president and chief executive officer of the UPP. Established on Jan.…
Scotiabank is launching a series of initiatives to increase its workforce diversity and eliminate racial discrimination in the workplace. The bank is using its recently…
The Canada Pension Plan Investment Board is adding Boon Sim to its board of directors. Sim held senior leadership roles at Singapore-based investment house Temasek International…
Institutional investors are grappling with the long-term implications of how the coronavirus pandemic will affect demand for various real estate sectors. Many real estate assets…
The federal government is easing eligibility rules for the government’s emergency wage subsidy and changing the amounts businesses can receive. The government had been under pressure…
The Ontario Municipal Employees Retirement System is acquiring a 19.99 per cent stake in TransGrid, an Australian electricity infrastructure company. The organization’s high-voltage transmission network…
The Association of Canadian Pension Management is calling on the Ontario government to consider amending the Employment Standards Act and the Pension Benefits Act to…
In this unprecedented time, it’s more evident the physical, psychological and financial components of health are all interconnected, said Charmaine Alexander, senior disability management advisor…
During 2020’s second quarter rebound, U.S. equities saw stronger performance than other developed markets like the U.K. and the rest of Europe. However, during the…