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Nortel pensioners lose $200M refund battle with Ontario’s PBGF

Nortel pensioners lose $200M refund battle with Ontario’s PBGF

Ontario’s pension benefits guarantee fund has successfully reclaimed some $200 million from monies allocated to pensioners in Nortel Networks Corp. bankruptcy proceedings. The silver lining…

Ontario Teachers’ selling minority interests in Brussels Airport

Ontario Teachers’ selling minority interests in Brussels Airport

The Ontario Teachers’ Pension Plan is selling minority interests of its indirect stake in the Brussels Airport to Japan’s Government Pension Investment Fund and NSW…

  • By: Staff
  • January 8, 2020 November 12, 2020
  • 15:15
OMERS names new chief pension officer

OMERS names new chief pension officer

The Ontario Municipal Employees Retirement System is naming Annesley Wallace as its new chief pension officer. Wallace has been with the OMERS pension services team…

  • By: Staff
  • January 8, 2020 November 30, 2020
  • 09:45
‘War for talent’ to drive employers’ total rewards strategy in 2020

‘War for talent’ to drive employers’ total rewards strategy in 2020

Strong competition to attract and retain talent will drive employers to adopt holistic employee wellness strategies in 2020, according to the Workforce Institute at Kronos…

Mat leave returnees no longer facing reset of LTD pre-existing clause

Mat leave returnees no longer facing reset of LTD pre-existing clause

Major Canadian insurers are no longer resetting the long-term disability pre-existing condition clause for women whose benefits coverage lapsed during their maternity leave when they return…

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MSCI adds ESG and factors indexes to fixed income offerings

MSCI Inc. is launching 15 new fixed income indexes, with factor investing and ESG at their core. This will include two new indexes relating to…

  • By: Staff
  • January 8, 2020 December 13, 2020
  • 08:54

Former Ontario Teachers’ CEO appointed senior fellow at C.D. Howe Institute

Ron Mock, who recently retired as the president and chief executive officer of the Ontario Teachers’ Pension Plan, has been appointed a senior fellow of…

  • By: Staff
  • January 8, 2020 December 13, 2020
  • 08:48
Former Ontario Teachers’ CEO appointed senior fellow at C.D. Howe Institute

Former Ontario Teachers’ CEO appointed senior fellow at C.D. Howe Institute

Ron Mock, who recently retired as the president and chief executive officer of the Ontario Teachers’ Pension Plan, has been appointed a senior fellow of the…

  • By: Staff
  • January 7, 2020 November 12, 2020
  • 15:15
LiUNA pension fund acquiring mixed-use real estate in Toronto

LiUNA pension fund acquiring mixed-use real estate in Toronto

The Laborers’ International Union of North America’s Central and Eastern Canada Pension Fund and Freed Developments Ltd. are jointly acquiring a mixed-use site in Toronto. Fengate Asset…

  • By: Staff
  • January 7, 2020 November 12, 2020
  • 15:00
Ontario Teachers’ investing in European digital health-care provider

Ontario Teachers’ investing in European digital health-care provider

The Ontario Teachers’ Pension Plan is leading a US$155-million round of financing for KRY, a European digital health-care provider. The financing was made through the Teachers’…

  • By: Staff
  • January 7, 2020 November 12, 2020
  • 09:30
New U.S. law may encourage businesses to offer retirement plans

New U.S. law may encourage businesses to offer retirement plans

A new law expanding retirement plan options for small businesses may encourage more American companies to offer the benefits to their workers. The Setting Every…

Starbucks offering meditation app to all Canadian employees

Starbucks offering meditation app to all Canadian employees

Starbucks Canada is giving its more than 23,000 employees a free subscription to meditation app Headspace. In total, more than 200,000 employees across North America are receiving access…

  • By: Staff
  • January 6, 2020 November 12, 2020
  • 15:00
Ethical veganism a philosophical belief, finds British tribunal in pension investment case

Ethical veganism a philosophical belief, finds British tribunal in pension investment case

On Friday, a judge in Norwich, U.K. ruled that ethical veganism qualifies as a philosophical belief under Britain’s Equality Act, in a pension-related case filed by ethical…

Caisse invests up to €300 million in European data centre operator, CPPIB sells Amitra Capital

The Caisse de dépôt et placement du Québec is among a group of investors providing up to €750 million in financing to Vantage Data Centers.…

  • By: Staff
  • May 17, 2024 May 17, 2024
  • 14:25

CGI Group promoting mental-health support through leadership tool, employee recognition

CGI Group Inc. is promoting Mental Health Awareness Month for employees through multiple initiatives, including an event to share experiences and a new leadership tool.…

Top 5 HR, benefits, pensions and investment stories of the week

An article on the value that deferred profit-sharing plans can offer to small- and medium-sized employers was the most-read article on Benefits Canada.com this week.…

  • By: Staff
  • May 17, 2024 May 16, 2024
  • 09:00

Funding limitations in private markets push co-investment deals: report

Amid a challenging private market fundraising landscape, the flow of co-investment deals increased dramatically in 2023, according to a report by alternative investment management and…

  • By: Staff
  • May 16, 2024 May 15, 2024
  • 11:00

Reliance on premium technology stocks limiting diversification for institutional investors: expert

Institutional investors are limiting portfolio diversification through overexposure to a selected group of U.S. technology stocks, says Alec Murray, senior vice-president and head of equity…

BCI sells $1 billion worth of private equity holdings to investment firm

The British Columbia Investment Management Corp. is selling more than US$1 billion worth of private equity funds to Ardian, a France-based independent private equity investment…

  • By: Staff
  • May 15, 2024 May 15, 2024
  • 15:00