News Page 416

Top Stories in News

National childcare program ‘first step’ in getting women back to work: expert

Amid mounting pressure from both the public and private sectors for an action plan that provides affordable childcare for Canadian working parents, on Monday, the federal…

Caisse investing in cloud data platform, PSP in biotech company

The Caisse de dépot et placement du Québec will join the board of cloud data company Druva Inc. as part of an agreement to invest…

Earth Day: Strong support for sustainable investing coming from plan members

It isn’t just asset managers who are increasingly embracing the integration of environmental, social and governance factors into investment decision-making. An important contributor to “record…

AIMCo posting 2.5% total fund return for 2020

The Alberta Investment Management Corp. is reporting a total fund return of 2.5 per cent net of all fees for 2020, approximately 5.4 per cent…

  • By: Staff
  • April 22, 2021 April 22, 2021
  • 09:00
Copyright_Wavebreak Media Ltd_123RF

Pharmacare should include high-cost treatment strategy, flexibility for plan sponsors: consultant

While a national pharmacare program is yet to be revealed by the federal government, any future plan should contain provisions for all costly treatments and…

Copyright_Roman Fedin_123RF

Federal budget fails to support pension reform, says retiree group, politicians

The Canadian Federation of Pensioners is calling for amendments to federal insolvency laws to protect members of defined benefit pensions if the employer is insolvent.…

Opposition leaders criticizing Liberals over pharmacare, old-age security and childcare

Federal opposition leaders are criticizing the Liberal government’s first budget in two years for omitting pharmacare, while suggesting alternatives to a proposed $30-billion national childcare…

Shifting workplace norms causing mental distress for Canadian workers: report

Fundamental changes to the traditional workplace are causing greater levels of mental distress for managers and non-managers alike in the Canadian workforce, noted findings from…

  • By: Staff
  • April 21, 2021 April 22, 2021
  • 09:00

City of Toronto, Peel Region closing workplaces with coronavirus outbreaks

Ontario’s two biggest coronavirus hot spots are moving to temporarily close businesses with recent outbreaks of the virus, in an effort to rein in surging…

Coinbase soars in market debut, valued near US$86 billion

Coinbase made a rousing debut on Wall Street last week, with shares of the digital currency exchange rising as high as US$429, briefly giving it a…

Copyright_aevanstock_123RF

Federal budget highlights national childcare system, extension of pandemic subsidies

In its 2021 budget on Monday, the federal government said it’s proposing nearly $30 billion over the next five years towards a national community-based childcare…

  • By: Staff
  • April 20, 2021 April 20, 2021
  • 09:00

Ontario’s PC government rejects NDP motion for paid sick leave program

In advance of the federal government’s 2021 budget, released on Monday, the Ontario government struck down a motion by the New Democratic Party seeking to…

IMCO reporting 5.4% net return for 2020

The Investment Management Corp. of Ontario, which provides investment management services to broader public sector institutions in the province, is reporting a 5.4 per cent…

  • April 20, 2021 April 20, 2021
  • 09:00

CPP Investments joining €400M co-investment in French logistics firm, selling European non-performing loan portfolio

CPP Investments is participating in a €400 million co-investment deal in French logistics firm Proudreed, alongside funds managed by alternative asset investor Blackstone Inc. The…

  • By: Staff
  • May 15, 2026 May 15, 2026
  • 15:00

Canadian institutional investors post 0.52% investment return in Q1 2026: report

Canadian institutional investors saw a median return of 0.52 per cent in the first quarter of 2026, according to a new report by CIBC Mellon.…

  • By: Staff
  • May 14, 2026 May 14, 2026
  • 11:00

Canadian DB plans demonstrate resilience amid AI strain on equity market, global uncertainty: expert

Canadian defined benefit pension plan sponsors are finding portfolio resiliency in an environment challenged by questions about the technology sector in the U.S., says Katie…

Manulife launches volunteer initiative to strengthen employee well-being, drive community action

Manulife’s new volunteer initiative is designed to strengthen employee well-being, build social connection and unite teams through purpose-driven community action. In addition to offering its…

Court decision in surplus pension case has no precedent for plan sponsors

A recent Ontario Superior Court decision related to surplus pension assets was a rubber stamp of the monitor’s recommendations, rather than a decision with precedential…

ACPM asking feds for greater retirement savings pooling and portability

Allowing increased retirement savings pooling and portability can help improve efficiency, as well as pension plan member retention and continuity, according to a policy recommendation…

  • By: Staff
  • May 15, 2026 May 13, 2026
  • 09:00