Energy company defaults on CPPIB debt
Laricina Energy has missed its bitumen production covenant for the fiscal quarter ending Dec. 31, 2014 under the terms of the trust indenture relating to…
- By: Staff
- January 12, 2015 September 13, 2019
- 11:16
Laricina Energy has missed its bitumen production covenant for the fiscal quarter ending Dec. 31, 2014 under the terms of the trust indenture relating to…
The Ontario Retirement Pension Plan is based on the "faulty assumption" that most residents of the province aren't ready for retirement, says the Fraser Institute's…
Ninety-seven per cent of DC plan sponsors and 90% of RRSP sponsors say their plans are meeting their original capital accumulation plan (CAP) objectives, reveals…
Ireland-based Shire has agreed to acquire biotech firm NPS Pharmaceuticals for US$5.2 billion ($6.2 billion) in cash.
The Canada Pension Plan Investment Board and Hermes Real Estate have announced the sale of two office properties as part of their London office joint…
In the current low-yielding fixed income market, fund managers and plan sponsors are desperately looking for alternative strategies to wring the most they can from…
New Brunswick's shared-risk model for pension plans has received the highest grade from the American Academy of Actuaries.
America’s next financial crisis will likely come from the growing complexity of financial products such as exchange-traded funds and derivatives, both of which comprise a…
Bond guru Bill Gross predicts 2015 won't be a very good year.
The Ontario Teachers' Pension Plan has acquired PetVet Care Centers, an operator of specialty and general practice animal hospitals in the United States.
Canada’s investment industry CEOs are optimistic about the outlook for capital markets and their individual firms in the coming year, according to an Investment Industry…
Alberta Blue Cross has become the first benefit carrier to implement the Canadian Dental Association’s CDAnet version 4.1 claim standard in conjunction with internet-based direct…
Canadian and global institutional investment managers expect equities and alternative assets to substantially outperform bonds this year, finds Mercer’s 2015 Fearless Forecast.
Two of Canada’s largest pension funds are named in a US$4.6 billion class action by the employees of a New Zealand-based software company. About 200…
The Alberta Investment Management Corp. is reporting a total fund net investment return of 7.5 per cent for 2025, underperforming its benchmark return by 2.7…
Major Canadian banks and pension funds provided tens of billions of dollars to American contractors for the U.S. Immigration and Customs Enforcement agency, an investigation…
More than half (56 per cent) of plan members say email is the most effective way to communicate with them about their savings plans, according…
In its sophomore year under the Employee Savings Survey banner, Benefits Canada’s annual check in with plan members about their financial priorities and the condition of…
Weight management drugs and high-cost specialty treatments are expected to have the biggest impact on private drug plans this year, according to Telus Health’s annual…