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Latest news in CIR News

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OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report

Retirement benefits paid out by the Ontario Municipal Employees Retirement System accounted for 9.3 per cent of retirement income in Ontario in 2023, according to…

  • By: Blake Wolfe
  • February 15, 2024 February 14, 2024
  • 09:00

Competitive pension risk transfer costs declined from 101.8% to 100.5% in December: report

The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process decreased from 101.8 per cent of a plan’s accounting…

  • By: Staff
  • February 15, 2024 February 14, 2024
  • 09:00

Canadian pension funds make top 10 list for largest annualized 10-year returns: report

Three of Canada’s largest pension plans are among the top 10 pension funds that generated the largest compound annualized returns between 2013 and 2022, according…

  • By: Staff
  • February 14, 2024 February 14, 2024
  • 09:00

FSRA’s Pension Awareness Day helping engage, educate employees on benefits of workplace pension plans

For its second annual Pension Awareness Day on Feb. 15, the Financial Services Regulatory Authority of Ontario is holding information sessions for its employees to…

Canadian ESG-related investment assets surge to $3.2 trillion: report

91% of Canadian institutional investors say climate change is top ESG concern: survey

A majority (91 per cent) of Canadian institutional investors say climate change is a leading concern within the environmental, social and governance space, according to…

  • By: Staff
  • February 13, 2024 February 13, 2024
  • 15:00

Vestcor appointing Sean Hewitt as president, CEO

Vestcor Inc. is appointing Sean Hewitt as president and chief executive officer, effective mid-April. He’ll succeed John Sinclair, who announced his retirement last November after…

  • By: Staff
  • February 12, 2024 February 14, 2024
  • 15:00

Caisse renews Charles Emond’s mandate as president, CEO until 2029

The Caisse de dépôt et placement du Québec has renewed the mandate of president and chief executive officer Charles Emond for a five-year period concluding…

  • By: Staff
  • February 9, 2024 February 9, 2024
  • 15:00

Editorial: The more things change

Well hello there! We may have met during one of Benefits Canada’s and the Canadian Investment Review’s many events throughout the year, but if we…

How active management strategies are helping institutional investors amid volatile global marketplace

As global markets navigate turbulent economic waters, active management is proving once again to be a lifeline for institutional investors to ensure their portfolios ride…

Halifax Port ILA/HEA assessing past, future of DB pension plans

While Blair Richards understands why the industry is moving away from defined benefit pension plans, he worries about what may be lost in the process.…

Average Canadian DB pension plan returns 8.4% in Q4 2023: report

The average Canadian defined benefit pension plan generated a median return of 8.4 per cent for the fourth quarter of 2023, according to a report…

  • By: Staff
  • February 8, 2024 February 7, 2024
  • 09:00
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New York City pension funds pushing RBC to disclose clean energy funding

Two New York City pension funds are pushing the Royal Bank of Canada to disclose more details on its clean energy funding. The shareholder resolution…

OMERS appointing Celine Chiovitti as chief pension officer

The Ontario Municipal Employees’ Retirement System is appointing Celine Chiovitti as chief pension officer, effective Feb. 6, 2024. In the new role, she’ll continue to…

  • By: Staff
  • February 7, 2024 February 7, 2024
  • 09:00
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CPPIB, Oxford Properties sell two Vancouver office buildings, OMERS closes €750 million term notes offering

The Canada Pension Plan Investment Board and Oxford Properties Group Inc., the real estate arm of the Ontario Municipal Employees’ Retirement System, are selling two…

  • By: Staff
  • February 6, 2024 February 5, 2024
  • 11:00

U.K. pension funds increasing allocations to renewable energy infrastructure: survey

A majority (90 per cent) of U.K. pension funds and insurers say they plan to increase allocations to renewable energy infrastructure in the next 12…

  • By: Staff
  • February 6, 2024 February 5, 2024
  • 11:00

U.S.-China business relationship, private credit shaping investments in 2024: IMCO

The Investment Management Corp. of Ontario believes an increasingly icy dynamic between the U.S. and China could lead to heightened volatility for institutional investors this…

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Average Canadian DB pension plan returns 8.2% in Q4 2023: report

The average Canadian defined benefit pension plan posted returns of 8.2 per cent in the fourth quarter of 2023, according to RBC Investor Services. It…

  • By: Staff
  • February 1, 2024 February 1, 2024
  • 15:00

AIMCo creates $1 billion fund for energy transition, Caisse backs aircraft financing platform

The Alberta Investment Management Corp. is setting up a new $1 billion fund to invest in energy transition and decarbonization efforts, according to a report by…

  • By: Staff
  • February 1, 2024 February 1, 2024
  • 11:00

Three Canadian pension funds’ investments among the biggest mergers, acquisitions deals in Q4 2023: report

A joint venture that saw the Canada Pension Plan Investment Board and Blackstone Inc. acquire a 20 per cent stake in a senior mortgage loan portfolio…

  • By: Staff
  • February 1, 2024 February 1, 2024
  • 11:00
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N.B. transferring 5 public DB pension plans to shared-risk model

Legislation that mandates the transfer of five New Brunswick public sector defined benefit pension plans to a shared-risk model goes into effect today. The Pension…

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ACPM focusing on VPLA policy, ESG investment standards in 2024

In the coming year, the Association of Canadian Pension Management is looking forward to the possibility of participating in final consultations on policies and legislation…

Institutional investors increasing allocations to private assets over next 3 years: survey

Two-fifths (40 per cent) of institutional investors say they plan to increase allocations to private debt investments over the next three years, according to a…

  • By: Staff
  • January 29, 2024 February 1, 2024
  • 15:00
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Four Canadian pension funds increasing exposure to private credit: report

As banks continue to pull back on lending, the Canada Pension Plan Investment Board, the Ontario Teachers’ Pension Plan, the Ontario Municipal Employees’ Retirement System…

  • By: Staff
  • January 29, 2024 February 1, 2024
  • 15:00
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AIMCo considers buying Trans Mountain pipeline stake, Caisse integrates real estate subsidiaries

The Alberta Investment Management Corp. is considering purchasing a stake in the Trans Mountain pipeline, according to a report by BNN Bloomberg. “We have an active file…

  • By: Staff
  • January 26, 2024 January 26, 2024
  • 15:00

Climate change, pension super-priority law among CIA’s priorities for 2024

The impacts of climate change and federal super-priority legislation on Canadian pension plans are among the issues that the Canadian Institute of Actuaries is monitoring…