Latest news in Benefits Canada News

Caisse invests $250M in real estate firm Avison Young

Caisse invests $250M in real estate firm Avison Young

The Caisse de dépôt et placement du Québec is investing $250 million in Avison Young Inc. The investment will help speed up the global commercial real estate…

  • By: Staff
  • July 16, 2018 September 13, 2019
  • 16:45
Connor, Clark & Lunn forms investment manager for frontier, emerging markets

Connor, Clark & Lunn forms investment manager for frontier, emerging markets

Connor, Clark & Lunn Financial Group Ltd. is forming Vergent Asset Management, an investment manager that will focus on frontier and emerging markets. Founded by…

  • By: Staff
  • July 16, 2018 September 13, 2019
  • 16:30
Northern Trust launches alternative fund services

Northern Trust launches alternative fund services

Northern Trust Corp. is introducing an alternative fund services business for North America, aimed at addressing the needs of the evolving alternative asset management industry. Peter Sanchez, who…

  • By: Staff
  • July 16, 2018 September 13, 2019
  • 16:15
How will U.S. trade dispute with China impact institutional investors?

How will U.S. trade dispute with China impact institutional investors?

Tensions between China and the United States are heating up as the Trump administration proposed a 10 per cent tariff on $200 billion worth of…

Is mindfulness in the workplace counterproductive?

Is mindfulness in the workplace counterproductive?

Mindfulness meditation negatively effects motivation and may be counterproductive in a workplace environment, according to a recent study. The study, by Andrew Hafenbrack, an assistant professor…

  • By: Ryan Murphy
  • July 16, 2018 September 13, 2019
  • 10:00
Tax hike inevitable if Canada wants national pharmacare, former PBO warns

Tax hike inevitable if Canada wants national pharmacare, former PBO warns

Former federal budget watchdog Kevin Page will deliver a blunt message to premiers this week about the costs of a future national pharmacare program: if…

Alberta common-law couples can now divide pensions upon separation

Alberta common-law couples can now divide pensions upon separation

Until recently, Alberta common-law couples that were splitting up couldn’t divide their pension assets, even if both parties wanted to. This changed in April 2018,…

An escape room in a job interview? Many are open to it

An escape room in a job interview? Many are open to it

Job seekers and employers in Britain are open to some unorthodox methods when it comes to the recruitment and hiring process, according to new research by…

  • By: Ryan Murphy
  • July 13, 2018 September 13, 2019
  • 08:45

National Pension Hub awards funding to three research projects

The National Pension Hub is awarding funding to three research projects, focusing on themes like portfolio construction and plan design. The hub, which the Global…

  • By: Staff
  • July 12, 2018 September 13, 2019
  • 16:00
How Saudi Arabia’s inclusion in major indexes will affect emerging market exposure

How Saudi Arabia’s inclusion in major indexes will affect emerging market exposure

Some of the world’s major indexes are bringing Saudi Arabia’s public equities into the mix, a move that could alter the landscape for emerging market investments.…

CPPIB invests in Chinese rental market, Caisse in Spanish solar power

CPPIB invests in Chinese rental market, Caisse in Spanish solar power

The Canada Pension Plan Investment Board is expanding its partnership with Longfor Group Holdings Ltd. to launch a new investment co-operation focused on rental housing programs in…

  • By: Staff
  • July 12, 2018 September 13, 2019
  • 09:55
Thrive Savings rolls out workplace financial wellness app

Thrive Savings rolls out workplace financial wellness app

Software company Thrive Savings Inc. is launching a financial wellness app for employers to help their employees with their savings goals. The app, which is available on…

  • By: Staff
  • July 11, 2018 September 13, 2019
  • 16:00
OMERS real estate arm investing $1B in British real estate

OMERS real estate arm investing $1B in British real estate

The Ontario Municipal Employees Retirement System’s real estate arm is entering into a $1 billion co-investment in a British residential company. Oxford Properties Group, along…

  • By: Staff
  • July 11, 2018 September 13, 2019
  • 11:09
Canadian Group Insurance Brokers partners with online HR company

Canadian Group Insurance Brokers partners with online HR company

The Canadian Group Insurance Brokers is partnering with Vancouver-based ConnectsUs HR to provide its members with online human resources programs for its members’ clients. Members of the broker-focused group…

  • By: Staff
  • July 10, 2018 September 13, 2019
  • 17:00
Spotify publishes diversity report, admits room for improvement

Spotify publishes diversity report, admits room for improvement

As Spotify Inc. publishes its 2018 diversity data report, it’s also acknowledging it still has a lot of work to around diversity and inclusion. “As…

  • By: Staff
  • July 10, 2018 September 13, 2019
  • 16:30
What would a rate hike mean for institutional investors?

What would a rate hike mean for institutional investors?

The Bank of Canada is set to announce a decision on the target for its overnight rate on Wednesday. Widely expected to be a 25…

TD enhances institutional business with Greystone acquisition

TD enhances institutional business with Greystone acquisition

TD Bank Group is acquiring Greystone Capital Management Inc., the parent company of Greystone Managed Investments Inc., for $792 million. The agreement, which is subject to…

  • By: Staff
  • July 10, 2018 September 13, 2019
  • 10:30
Morneau Shepell to acquire EAP, wellness provider LifeWorks

Morneau Shepell to acquire EAP, wellness provider LifeWorks

Morneau Shepell Inc. is acquiring employee assistance program and wellness provider LifeWorks Corp. Ltd. for about $426 million. “This acquisition is aligned with Morneau Shepell’s global…

  • By: Staff
  • July 10, 2018 September 13, 2019
  • 10:07
Global sovereign investors shifting down equities, ramping up alternatives: survey

Global sovereign investors shifting down equities, ramping up alternatives: survey

Globally, sovereign investors have enjoyed the hefty returns stemming from almost a decade of charging equity markets, but they’re set to make major moves into…

  • By: Staff
  • July 9, 2018 September 13, 2019
  • 16:00
CPPIB takes stake in Swiss sports data firm, BCI invests in Texas timberland

CPPIB takes stake in Swiss sports data firm, BCI invests in Texas timberland

The Canada Pension Plan Investment Board is acquiring a stake in Swiss sports data firm Sportradar. The CPPIB is making the acquisition, from Swiss private equity firm…

  • By: Staff
  • July 9, 2018 September 13, 2019
  • 12:30
Investment outlook neutral entering later stage of business cycle, finds new report

Investment outlook neutral entering later stage of business cycle, finds new report

Don’t expect most assets to blow the doors off in the later half of the year, according to the latest investment outlook from GLC Asset…

  • By: Staff
  • July 9, 2018 September 13, 2019
  • 09:30
43% of Canadian workers would quit job for better pay: survey

43% of Canadian workers would quit job for better pay: survey

Money is the leading reason Canadian employees would leave their job for another, according to a new survey by OfficeTeam. Its survey, which queried 500 office…

  • By: Staff
  • July 9, 2018 September 13, 2019
  • 09:15
Hub International acquires two more Canadian benefits, pension companies

Hub International acquires two more Canadian benefits, pension companies

Hub International Ltd. is acquiring two more Canadian companies as it rolls out its strategy for expanding its employee benefits and pension business in Canada. “We…

AIMCo acquires office tower in downtown Edmonton

AIMCo acquires office tower in downtown Edmonton

The Alberta Investment Management Corp. is acquiring a 27-storey office tower in downtown Edmonton from ICE District Properties. The tower, which opened in 2016, is part…

  • By: Staff
  • July 6, 2018 September 13, 2019
  • 14:55
Survey finds global gap in savings rates, contributions needed for retirement

Survey finds global gap in savings rates, contributions needed for retirement

There’s a significant gap between how much people are actually saving for retirement and how much they think they need to be putting away, according…

  • By: Staff
  • July 6, 2018 September 13, 2019
  • 09:15