Ontario Teachers’ investing in online education platform, plant-based food development company
The Ontario Teachers’ Pension Plan has raised $375 million in a series D funding round for Applyboard Inc., an online platform that connects students to…
Latest news in CIR News
Canada’s largest pension funds come together at inaugural climate change event
Representatives from eight of Canada’s largest pension funds — known as the Maple Eight — participated in the first meeting of the Sustainable Finance Action…
- By: Staff
- June 16, 2021 June 17, 2021
- 09:00
Financial market regulators highlighting focus on DC investment fees
Investment fees led the agenda at the Joint Forum of Financial Market Regulators’ annual meeting last week. This year, the forum engaged externally on investment fees,…
- By: Staff
- June 15, 2021 June 14, 2021
- 15:00
Canadian pension funds calling for co-ordinated world response to climate crisis
A number of Canadian institutional investors, including the British Columbia Investment Management Corp., the British Columbia Municipal Pension Plan, the Caisse de dépôt et placement…
- By: Staff
- June 15, 2021 June 15, 2021
- 09:00
OMERS in equity funding for Swedish battery manufacturer
The Ontario Municipal Employees Retirement System is co-leading a US$2.75 billion ($3.3 billion) private placement to raise equity for Northvolt, a Swedish battery maker. Alongside…
- By: Staff
- June 14, 2021 June 14, 2021
- 08:45
Decline in bond yields signals market observers to be on ‘inflation watch’: report
The funded position for an average Canadian defined benefit pension plan improved slightly during May, with a solvency of 108.2 per cent, according to a…
- By: Staff
- June 10, 2021 June 10, 2021
- 12:30
Caisse buying natural gas company, Ontario Teachers’ closing Enwave deal
The Caisse de dépôt et placement du Québec is taking a majority interest of Noverco and its subsidiary Energir, Quebec’s largest natural gas distribution company.…
- By: Staff
- June 9, 2021 June 11, 2021
- 08:45
British Airways appointing outsourced chief investment officer
British Airways is appointing Blackrock Inc. as outsourced chief investment officer for its two defined benefit pension plans. While many U.K.-based pensions have adopted an…
- By: Staff
- June 8, 2021 June 8, 2021
- 12:30
Bankruptcy and insolvency bill will negatively affect struggling DB pensions, says ACPM president
The Association of Canadian Pension Management is urging parliamentarians to vote down the final version of a new bankruptcy and insolvency bill. If passed, Bill…
- By: Staff
- June 8, 2021 June 11, 2021
- 09:00
BCI’s 2020 ESG report highlights sustainable bonds, investment guidelines
The British Columbia Investment Management Corp. is becoming “more intentional about” its ongoing environmental, social and governance efforts in the wake of the coronavirus pandemic, says…
- By: Blake Wolfe
- June 7, 2021 June 7, 2021
- 15:00
CPPIB in funding for renewable energy software start-up, Caisse in manufacturer platform
The Canada Pension Plan Investment Board and partners have closed a $27 million series B funding round for Clir Renewables, a software start-up developing cloud-based renewable…
- By: Staff
- June 7, 2021 June 7, 2021
- 09:00
New longevity pension fund offers decumulation option for plan sponsors
Purpose Investments Inc. is introducing a new longevity pension fund, which invests 50 per cent in equities and 50 per cent in fixed income. It…
- By: Blake Wolfe
- June 7, 2021 June 7, 2021
- 09:00
U.S. pension funds supporting changes to Exxon board in battle over climate change
As Exxon Mobil Corp. shareholders continue their bid to force the oil giant to deal more aggressively with climate change, several large U.S. institutional investors are…
- By: The Associated Press
- June 4, 2021 June 4, 2021
- 09:00
Saskatchewan Pension Plan appointing Shannan Corey to top job
Shannan Corey will succeed Katherine Strutt as the executive director of the Saskatchewan Pension Plan. A 30-year veteran of the pension sector, Corey most recently…
- By: Staff
- June 3, 2021 June 3, 2021
- 09:30
CPPIB investing in West Bengal mall, OTPP selling British biscuit company
The Canada Pension Plan Investment Board is investing 5.6 billion Indian rupees (about $93 million) to secure a 49 per cent equity stake in a…
- By: Staff
- June 2, 2021 June 2, 2021
- 16:00
University of Waterloo aiming to reach full carbon neutrality of pension, endowment investments by 2040
The University of Waterloo is committing to reducing the carbon footprint of its pension and endowment investment portfolios by 50 per cent by 2030, with…
- By: Staff
- June 2, 2021 June 2, 2021
- 09:00
Desjardins Group to acquire Montreal-based Hexavest
The Desjardins Group is set to acquire Montreal-based investment firm Hexavest Inc. The deal is expected to close on Sept. 1, 2021, subject to certain…
- By: Staff
- May 31, 2021 June 1, 2021
- 15:15
Pension sponsors have fiduciary responsibility to consider climate change: webinar
Canada’s pension plan sponsors have a fiduciary responsibility to consider climate change in their financial decisions, according to Randy Bauslaugh, counsel for pensions and benefits…
- By: Blake Wolfe
- May 28, 2021 May 27, 2021
- 09:10
Caisse signs agreement on Indonesian infrastructure investment, acquires more shares in eyecare company
The Caisse de Dépôt et Placement du Québec, the Indonesian Investment Authority, the Abu Dhabi Investment Authority and APG Asset Management have signed a memorandum…
- By: Staff
- May 27, 2021 May 27, 2021
- 12:00
Value creation may be new cap rate compression in real estate investment
As the era of cap rate compression draws to a close, how can institutional investors maintain the outsized returns they’ve enjoyed for over a decade?…
- By: Sadiq Alladina
- May 27, 2021 June 1, 2021
- 10:00
Manulife appoints first global head of real assets for private markets
Manulife Investment Management Holdings (Canada) Inc. is appointing Christoph Schumacher as its first global head of real assets for private markets. In the new role,…
- By: Staff
- May 25, 2021 May 25, 2021
- 13:00
CUPE seeking third-party review of OMERS following 2020 investment losses
The Ontario arm of the Canadian Union of Public Employees is seeking a third-party review of the Ontario Municipal Employees Retirement System’s investment strategies, returns…
- By: Staff
- May 25, 2021 May 31, 2021
- 11:00
CPPIB reporting $497.2BN net assets in fiscal 2021
A record return over the first full year of the pandemic has put the manager of Canada’s largest retirement fund years ahead of schedule to…
- By: The Canadian Press, with files from staff
- May 21, 2021 May 21, 2021
- 15:00
Caisse investing in wireless communications, BCI in Chile timber
The Caisse de dépôt et placement du Québec is one of two organizations investing a total US$940 million in Phoenix Tower International, a U.S.-based wireless…
- By: Staff
- May 21, 2021 May 20, 2021
- 09:00
Canadian ETF market reaches US$189BN in 2020: report
Assets in the Canadian exchange-traded funds market reached US$189 billion in 2020, fuelled by a compound annual growth rate of 25 per cent over the…
- By: Alison MacAlpine
- May 20, 2021 May 19, 2021
- 09:00