News Page 440

Top Stories in News

Ontario Teachers’ acquiring majority interest in U.S. packaging company

Ontario Teachers’ acquiring majority interest in U.S. packaging company

The Ontario Teachers’ Pension Plan and Ares Management Corp. are both acquiring a majority interest in U.S.-based packaging company TricorBraun. The packaging company’s management team…

  • By: Staff
  • January 8, 2021 April 14, 2021
  • 15:00
Ontario Teachers’ facing pressure to divest from fossil fuels

Ontario Teachers’ facing pressure to divest from fossil fuels

An environmental coalition is appealing to Ontario teachers to pressure their pension fund to divest from companies that develop or transport fossil fuel products. In…

Health Canada delaying drug pricing reforms until July

Health Canada delaying drug pricing reforms until July

Health Canada says it’s delaying the implementation of long-awaited changes to Canada’s drug-pricing regime by another six months. A spokesman for the department, says the amendments…

CPPIB investing in U.S. real-estate developments, European wind farms

CPPIB investing in U.S. real-estate developments, European wind farms

The Canada Pension Plan Investment Board is forming a joint venture with Greystar Real Estate Partners to pursue multi-family real estate development opportunities in target markets in the…

  • By: Staff
  • January 7, 2021 April 14, 2021
  • 15:00
Ontario Teachers’ invests in online education co., credit lender

Ontario Teachers’ invests in online education company, credit lender

The Ontario Teachers’ Pension Plan is among the investors contributing more than US$1.6 billion in Series E+ financing to Zuoyebang, a China-based online education start-up.…

  • By: Staff
  • January 7, 2021 April 23, 2021
  • 09:00
Morneau Shepell appointing Paula Allen global leader, senior VP research, total well-being

Morneau Shepell appointing Paula Allen global leader, senior VP research, total well-being

Morneau Shepell Ltd. is appointing Paula Allen as global leader and senior vice-president of research and total well-being. She’s been with the company for 15…

  • By: Staff
  • January 7, 2021 April 14, 2021
  • 09:00
Canadian DB pension plans entering 2021 in good financial shape

Canadian DB pension plans entering 2021 in good financial shape

The aggregate funded ratio for Canadian pension plans in the S&P/TSX composite index increased from 90.8 per cent to 91.2 per cent during the past…

  • By: Staff
  • January 6, 2021 April 14, 2021
  • 15:00

Canada Life absorbing TD Bank Future Builders’ RSP program plan members

The Canada Life Assurance Co. is absorbing the Toronto-Dominion Bank’s TD Future Builders retirement savings plan program members as of March 19. “We believe Canada…

  • By: Staff
  • January 6, 2021 April 14, 2021
  • 12:21
60462612_l-1

It’s time to revolutionize how investment firms are paid

Investment management is an unusual business in that it doesn’t typically offer customers their money back if they’re unsatisfied with the product or service. This…

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

Will the environment be back on institutional investor agendas in 2021?

For institutional investors keen to maintain environmental, social and governance commitments made in recent years, there’s a steep climb ahead. The Paris Agreement — and…

  • By: Staff
  • January 6, 2021 April 14, 2021
  • 10:03
Enbridge signing BlackNorth Initiative pledge, increasing diversity efforts

Enbridge signing BlackNorth Initiative pledge, increasing diversity efforts

Enbridge Inc. is undertaking a series of steps to further diversify its workforce and address anti-Black systemic racism, starting with signing onto the BlackNorth Initiative…

  • By: Staff
  • January 6, 2021 April 14, 2021
  • 09:00
Canada Life absorbing TD Bank Future Builders’ RSP program plan members

Canada Life absorbing TD Bank Future Builders’ RSP program plan members

The Canada Life Assurance Co. is absorbing the Toronto-Dominion Bank’s TD Future Builders retirement savings plan program members as of March 19. “We believe Canada Life…

  • By: Staff
  • January 6, 2021 April 14, 2021
  • 09:00
Canadian DB plans bouncing back after stock rally: report

Canadian DB plans bouncing back after stock rally: report

A rally on the stock market in the fourth quarter helped boost the strength of Canadian defined benefit pension plans to end 2020, according to…

NHRIPP reporting 11.5% investment return in 2025, net assets reaching $3.5BN

The Nursing Homes and Related Industries Pension Plan is reporting an 11.5 per cent investment return in 2025. The Ontario-based target-benefit pension plan confirmed a…

  • By: Staff
  • May 19, 2026 May 19, 2026
  • 11:00

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

Empire Life rolls out mental-health first aid training for its leaders

The Empire Life Insurance Co. is introducing mental-health first-aid training for leaders across its organization. Provided by the Mental Health Commission of Canada, the training…

  • By: Staff
  • May 19, 2026 May 19, 2026
  • 15:00

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…