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T. Rowe Price appoints new head of DC sales, intermediaries

T. Rowe Price appoints new head of DC sales, intermediaries

T. Rowe Price Group Inc. has appointed Lauren Bloom as head of defined contribution sales and intermediaries in Canada. Based out of Toronto, Bloom will lead sales…

  • By: Staff
  • August 23, 2018 September 13, 2019
  • 16:15
Retirement program for non-profit sector seeking feedback on plan design

Retirement program for non-profit sector seeking feedback on plan design

The Common Good Retirement Initiative is seeking feedback on the design of a collective retirement plan for Canadian employees in the non-profit and charitable sector. The initiative,…

  • By: Staff
  • August 23, 2018 September 13, 2019
  • 15:00
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Canada Infrastructure Bank makes first investment

Bank loans $1.28BN to Montreal light-rail project

  • By: Staff
  • August 23, 2018 January 13, 2021
  • 13:27
Court allows terminated employee to continue appeal for LTD benefits

Court allows terminated employee to continue appeal for LTD benefits

An Ontario court is allowing a terminated employee to continue with an action for long-term disability benefits despite signing a document that released such claims. When…

CPPIB invests further in Chinese logistics partnership

CPPIB invests further in Chinese logistics partnership

The Canada Pension Plan Investment Board is making an additional investment in the Goodman China Logistics Partnership, bringing its total equity commitment to US$5 billion. The partnership, established in…

  • By: Staff
  • August 23, 2018 September 13, 2019
  • 09:59
Lost, damaged prescriptions cost Canadians $35M in productivity, travel last year: study

Lost, damaged prescriptions cost Canadians $35M in productivity, travel last year: study

Lost or damaged prescriptions cost Canadians more than $35 million in productivity, extra travel and time spent filling prescriptions and the potential for adverse health…

  • By: Staff
  • August 22, 2018 September 13, 2019
  • 16:15
N.B. public service pension board awards cost of living increase

N.B. public service pension board awards cost of living increase

The New Brunswick Public Service Pension Plan is providing a full cost of living adjustment to its almost 38,000 members for the sixth straight year.…

  • By: Staff
  • August 22, 2018 September 13, 2019
  • 16:00
Canada Infrastructure Bank loans $1.28BN to Montreal light-rail project

Canada Infrastructure Bank loans $1.28BN to Montreal light-rail project

The Caisse de dépôt et placement du Québec’s subsidiary CDPQ Infra has reached an agreement with the Canada Infrastructure Bank for the latter to invest…

  • By: Staff
  • August 22, 2018 September 13, 2019
  • 15:45
OTPP posts 3.2% return for first half of 2018 amid more volatile markets

OTPP posts 3.2% return for first half of 2018 amid more volatile markets

The Ontario Teachers’ Pension Plan posted a net return of 3.2 per cent for the first half of 2018, adding $4.4 billion to the plan…

Starseed Medicinal to supply medical marijuana to Shoppers Drug Mart

Starseed Medicinal to supply medical marijuana to Shoppers Drug Mart

Starseed Medicinal Inc. has reached an agreement to be the medical cannabis supplier for Shoppers Drug Mart Corp. The agreement is subject to Health Canada’s approval…

  • By: Staff
  • August 22, 2018 September 13, 2019
  • 09:43
40% of precarious workers in Canada have access to pension, RRSP: report

40% of precarious workers in Canada have access to pension, RRSP: report

Only 40 per cent of Canadians who are classified as precarious workers have access to pension plans or registered retirement savings plans, compared to 85 per cent of…

  • By: Staff
  • August 22, 2018 September 13, 2019
  • 09:00
One-quarter of Canadians say exercise prohibited by finances: survey

One-quarter of Canadians say exercise prohibited by finances: survey

More than a quarter (26 per cent) of Canadians say the financial cost of exercise can be prohibitive or necessitates compromising their budget, according to…

  • By: Staff
  • August 21, 2018 September 13, 2019
  • 17:53
Accompass adds Chris Raposo to benefits practice

Accompass adds Chris Raposo to benefits practice

Accompass Inc. has appointed Chris Raposo as a consultant in its benefits and health practice.  He joins the firm with 13 years of group benefits experience at…

  • By: Staff
  • August 21, 2018 September 13, 2019
  • 17:44

Canada Life facing gov’t financial sanctions following delayed benefits access for public employees

The federal government has begun imposing financial sanctions on the Canada Life Assurance Co. after months of outcry from public servants, retirees and their families who…

  • By: Staff
  • May 3, 2024 May 3, 2024
  • 15:00

ESG standards helping institutional investors realize positive annualized returns: study

Environmental, social and governance standards have helped investors generate positive annualized returns, with environmental investments leading the pack globally, according to a new study from…

  • By: Staff
  • May 3, 2024 May 3, 2024
  • 15:00

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

A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00

CPPIB sells 2.78% stake in India logistics firm

The Canada Pension Plan Investment Board is selling 2.78 per cent of its stake in India-based supply chain and logistics operator Delhivery Ltd. The total…

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

Funded ratio of 100 largest U.S. corporate DB pension plans declines to 98.4% in fiscal 2023: report

The funded ratio of U.S. corporate defined benefit pension plans declined to 98.5 per cent in fiscal 2023 from 99.4 per cent in 2022, according…

  • By: Staff
  • May 1, 2024 April 30, 2024
  • 09:00

Expert panel: Have hedge funds budged on hurdle rates?

Even though it has been two years since the U.S. Federal Reserve started rapidly hiking interest rates, hedge fund managers aren’t more likely to have…