CIR news

Latest news in CIR News

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Caisse shuffling board at infrastructure subsidiary

The Caisse de dépôt et placement du Québec is appointing a new board of directors for the CDPQ Infra, its subsidiary that serves as principal…

  • By: Staff
  • March 15, 2021 March 15, 2021
  • 09:00
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Institutional investors see vaccinations, stimulus as paving the way to economic recovery

Coronavirus vaccinations and the US$1.9-trillion fiscal stimulus package are paving the way for the U.S. economy to recover as the world enters the second year…

Expert panel: How DB plan sponsors can get back into the driver’s seat

Much has been written about how 2020 was unprecedented, challenging and exhausting — take your pick of adjectives. It was also a white-knuckle ride for…

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Third Bitcoin ETF begins trading on TSX

A third Bitcoin exchange-traded fund is now trading on the Toronto Stock Exchange. The CI Galaxy Bitcoin ETF, developed by CI Global Asset Management, invests…

  • By: Staff
  • March 11, 2021 March 11, 2021
  • 09:00

CAAT appointing Asif Haque chief investment officer

The Colleges of Applied Arts and Technology Pension Plan is appointing Asif Haque as chief investment officer, effective May 1. Haque has worked at the…

  • By: Staff
  • March 11, 2021 March 11, 2021
  • 09:00

Canada Post appointing Irshaad Ahmad as CIO, VP of pension fund

Irshaad Ahmad is now serving as Canada Post Corp.’s chief investment officer and vice-president of the Crown corporation’s pension fund. He joined Canada Post in…

  • By: Staff
  • March 10, 2021 March 16, 2021
  • 09:00

Canadian pension plans average funding positions improved slightly in January: report

Canadian pension plans saw their funding positions improve on both a solvency and accounting basis in January 2021, compared to December 2020, found Morneau Shepell’s…

  • By: Staff
  • March 9, 2021 March 9, 2021
  • 18:01
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Caisse investing in shipping and agri-food, Ontario Teachers’ in packaging co.

The Caisse de dépôt et placement du Québec and DP World have signed a US$1.2-billion deal to start the construction of an international container port…

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Funding status down, alternative investments up among DB pension plans: survey

The funding status and confidence of Canadian defined benefit pension plans declined in 2020 amid the coronavirus pandemic and a low interest-rate environment, according to…

  • By: Staff
  • March 5, 2021 March 5, 2021
  • 09:00
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Ontario Teachers’ investing in Finland utility, Caisse in Brazil telecommunications

The Ontario Teachers’ Pension Plan is acquiring a 40 per cent stake in Caruna, Finland’s largest electricity supplier. The pension will acquire a 20 per cent…

  • By: Staff
  • March 4, 2021 March 4, 2021
  • 18:59
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Pension funds saving with in-house asset management: survey

Canadian pension funds are seeing significant cost savings from in-house asset management but are still relying on external managers, according to a new survey from…

  • By: Staff
  • March 3, 2021 March 3, 2021
  • 09:00

CPPIB appointing John Graham as CEO following resignation of Mark Machin

The Canada Pension Plan Investment Board is appointing John Graham (pictured) as its new chief executive officer, following the resignation of Mark Machin. Graham was…

Stock Markets plunge from novel COVID-19 virus fear. © tang90246 / 123rf stock photos

OMERS says its portfolio lost 2.7 per cent, net of expenses, in 2020

TheOntario Municipal Employees Retirement System says its portfolio lost 2.7 per cent, net of expenses, last year as the coronavirus pandemic hammered its investments. The pension-fund…

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Caisse selling back $400M in shares to tech consultancy

CGI Inc. is buying back and cancelling 4.2 million of its class-A subordinate voting shares from the Caisse de depot et placement du Québec for…

Bitcoin ETFs begin trading in North America

North America’s first Bitcoin exchange-traded funds began trading on the Toronto Stock Exchange recently. The Purpose Bitcoin ETF, developed by Toronto-based Purpose Investments, was approved…

BCI adopts more stringent ESG expectations for companies it invests in

The British Columbia Investment Management Corp. is raising its environmental, social and governance-related expectations for the publicly-traded companies it invests in. Under its new proxy-voting…

  • By: Staff
  • February 11, 2021 March 24, 2021
  • 10:06
BCI adopting more stringent ESG expectations

BCI adopting more stringent ESG expectations

The British Columbia Investment Management Corp. is raising its environmental, social and governance-related expectations for the publicly-traded companies it invests in. Under its new proxy-voting…

Calls for Canadian companies to adopt transparent, consistent climate-risk reporting

Institutional investors, regulators and financial standard organizations are calling on Canadian corporations to adopt transparent climate-risk reporting, according to a new report from the C.D.…

  • By: Staff
  • February 5, 2021 March 26, 2021
  • 09:54

Caisse investing further in sustainable transportation, Ontario Teachers’ in cybersecurity, IT management

The Caisse de dépôt et placement du Québec is continuing its investment partnership with MacKinnon, Bennett & Company Inc. in the form of a new…

  • By: Staff
  • February 3, 2021 March 26, 2021
  • 09:40

Canada’s DB pension plans post 9.2% return in 2020

Despite market uncertainty due to the coronavirus pandemic and a turbulent U.S. presidential election cycle, Canadian defined benefit pension plans ended the year with near…

  • By: Staff
  • February 2, 2021 February 2, 2021
  • 09:06
Alberta Teachers’ Association planning legal challenge to pension order

Alberta Teachers’ Association planning legal challenge to pension order

The Alberta Teachers’ Association says it’s taking legal action against a ministerial order enacted on several pension plans in the province in late December. In…

  • By: Staff
  • February 1, 2021 February 16, 2021
  • 10:04
At Davos, Canadian investment leaders set timelines for climate friendly economy

At Davos, Canadian investment leaders set timelines for climate friendly economy

Two Canadian investment leaders endorsed a transition to clean energy at a virtual Davos World Economic Forum on Wednesday as more investors worldwide push for…

Revisiting TDFs in the aftermath of market chaos

Revisiting TDFs in the aftermath of market chaos

As a new decade revs up, is it time for capital accumulation plan sponsors to revisit the investment vehicles they offer? According to a recent…

  • By: Staff
  • January 26, 2021 February 16, 2021
  • 10:24
32% Canadians delaying retirement due to coronavirus pandemic: survey

32% Canadians delaying retirement due to coronavirus pandemic: survey

While the rollout of vaccines has the world cautiously optimistic about an economic recovery, a Scotiabank survey shows the coronavirus pandemic has Canadians concerned about…

  • By: Staff
  • January 25, 2021 February 16, 2021
  • 10:37
Alberta’s public-sector pension plans reassuring members amid worry over ministerial order

Alberta’s public-sector pension plans reassuring members amid worry over ministerial order

Alberta’s public-sector pension plans are reassuring members that their pensions are safe, following a recent ministerial order enacted by the provincial government. The order was…

  • By: Staff
  • January 21, 2021 February 16, 2021
  • 09:46