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Latest news in CIR News

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DB pension plans not taking full advantage of agricultural carbon savings: expert

Canada’s defined benefit pension plans aren’t taking full advantage of regenerative agriculture practices, says Shidan Gouran, founder and chairman of Bluesphere Carbon, a New York-based…

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CPPIB acquiring luxury hotel in Rome, HOOPP selling Alberta pet food company

A joint venture involving the Canada Pension Plan Investment Board is investing in a hotel in Rome. The acquisition of the W Rome is part…

  • By: Staff
  • November 10, 2022 November 10, 2022
  • 12:00
Caisse, CPPIB, Ontario Teachers’ invest in insurance company

CPPIB appointing Richard Manley as chief sustainability officer

The Canada Pension Plan Investment Board is appointing Richard Manley as its chief sustainability officer. In the role, Manley will lead the team responsible for…

  • By: Staff
  • November 10, 2022 November 10, 2022
  • 11:06
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U.S. corporate DB pension plans’ funded status on the rise: report

The funded ratio of the 100 largest U.S. corporate defined benefit pension plans is on the rise, jumping from 108.8 per cent at the end…

  • By: Staff
  • November 10, 2022 November 10, 2022
  • 09:00

Canadian DB pension plan solvency rose 3.1% in October: report

Canada’s defined benefit pension plans improved on both a solvency basis and an accounting basis in October, according to a new report by LifeWorks Inc.…

  • By: Staff
  • November 8, 2022 November 8, 2022
  • 12:00
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CIA advising CAPSA to consider pension plan liabilities, climate disclosure in ESG risk management guideline

The Canadian Institute of Actuaries is advising the Canadian Association of Pension Supervisory Authorities to strengthen its proposed guideline on risks related to environmental, social…

  • By: Staff
  • November 8, 2022 November 8, 2022
  • 09:00

Survey finds number of global indexes increased 4.43% in 2022, led by ESG indexes

The number of global indexes increased 4.43 per cent this year, led by environmental, social and governance indexes, which grew to new records, according to…

  • By: Staff
  • November 3, 2022 November 3, 2022
  • 12:00

Canadian DB pensions return median 0.27% in Q3 amid challenging economic environment: report

Canadian defined benefit pension plans saw a median return of 0.27 per cent for the third quarter of 2022 amid a challenging economic environment, according…

  • By: Staff
  • November 3, 2022 November 3, 2022
  • 12:00
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Expert panel: Tips for DB plan sponsors as interest rates continue to rise

From an economic perspective, the last year has been quite tumultuous. As central banks began raising rates to tame inflation, the loose monetary environment with…

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Global interest rate hikes influenced modest gains for Canadian DB pensions in Q3: reports

Canadian pension plan investments saw very modest gains in the third quarter of 2022 as both stock and bond markets responded favourably to the pace…

  • By: Staff
  • October 31, 2022 October 31, 2022
  • 15:00

Caisse appoints Martin Longchamps as head of private equity

The Caisse de dépôt et placement du Québec is appointing Martin Longchamps as executive vice-president and head of private equity, effective Nov. 14, 2022. Based…

  • By: Staff
  • October 27, 2022 October 26, 2022
  • 15:00
Caisse investing in wind and solar projects, AIMCo in German real estate

Caisse invests in Japanese renewable energy company, leads investment round in Montreal software firm

The Caisse de dépôt et placement du Québec is investing a potential US$339 million in a renewable energy company in Japan. According to a press…

  • By: Staff
  • October 27, 2022 October 26, 2022
  • 11:00

OPTrust, Vestcor lay out climate change, responsible investment strategies

The OPSEU Pension Trust is enhancing its climate change strategy to successfully navigate the global transition toward net-zero emissions. The pension fund’s priorities include updating climate…

  • By: Staff
  • October 26, 2022 October 26, 2022
  • 15:00

Inflation causing ‘great distortions’ in popular carbon footprint measurement, warns expert

A popular method for tracking a business’ carbon footprint over time creates the illusion of increased efficiency during periods of high inflation, warns Sudhir Roc-Sennett,…

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PIAC reiterates objections to pension super-priority bill

The Pension Investment Association of Canada is reiterating its concerns about Bill C-228, which was designed to protect members of defined benefit pension plans during…

  • By: Staff
  • October 25, 2022 October 24, 2022
  • 10:11
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World’s largest asset managers’ discretionary AUM up 10.2% in 2021: report

The world’s 500 largest asset managers’ total discretionary assets under management increased by 10.2 per cent in 2021, reaching US$131.7 trillion, according to a new…

  • By: Staff
  • October 21, 2022 October 21, 2022
  • 15:00
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ACPM advises CAPSA against one-size-fits-all approach to ESG, cybersecurity risk management

The Association of Canadian Pension Management is advising the Canadian Association of Pension Supervisory Authorities to take a less prescriptive approach in its proposed guidelines…

  • By: Staff
  • October 21, 2022 October 20, 2022
  • 09:00

PSP entering U.K. real estate partnership, Ontario Teachers’ reinvesting in Indian infrastructure fund

The Public Sector Pension Investment Board is entering a joint venture to invest in life sciences facilities in the U.K. The institutional investor and its…

  • By: Staff
  • October 20, 2022 October 19, 2022
  • 12:00
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QuadReal announces strategic pathway for reaching net-zero emissions by 2050

QuadReal Property Group, the real estate investment arm of the British Columbia Investment Management Corp., is unveiling an updated strategic pathway to decarbonize its portfolio…

  • By: Staff
  • October 20, 2022 October 17, 2022
  • 12:00

Curbing inflation may take up to 18 months: expert

It may take up to 18 months for central banks policies to curb inflation to around two per cent on an annual basis, says Julianna…

ACPM warns of ‘unintended consequences’ of pension super-priority bill

The Association of Canadian Pension Management is urging parliamentarians to vote down a bill that would provide super-priority to defined benefit pension plan members in…

  • By: Staff
  • October 20, 2022 October 19, 2022
  • 09:00
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CPPIB investing in Indian toll roads, Caisse investing in vertical farming

The Canada Pension Plan Investment Board is investing $60 million in an infrastructure trust sponsored by the National Highways Authority of India. In 2021, the…

  • By: Staff
  • October 17, 2022 October 17, 2022
  • 12:00
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B.C. amending definition of PfAD for pension plans with target-benefit provisions

British Columbia is amending the definition of provision for adverse deviation for pension plans in the province with a target-benefit provision. The changes to PfAD’s…

  • By: Staff
  • October 17, 2022 October 17, 2022
  • 09:00

Via Rail Canada restructuring fixed income allocations in response to challenging markets

The Adirondack 46ers isn’t for the faint of heart — joining the club requires hiking 250 kilometres to reach the top of the 46 highest…

CPPIB appointing Kristina Fanjoy as senior managing director, CFO

The Canada Pension Plan Investment Board is appointing Kristina Fanjoy as senior managing director and chief financial officer. In the role, she’ll be responsible for…

  • By: Staff
  • October 13, 2022 October 13, 2022
  • 13:00