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YMPE to rise by $600 in 2018

YMPE to rise by $600 in 2018

The Canada Revenue Agency has announced an increase of $600 to the year’s maximum pensionable earnings under the Canada Pension Plan for 2018. Contributors who…

  • By: Staff
  • November 9, 2017 September 13, 2019
  • 10:03
OPTrust to divest from tobacco industry in 2018

OPTrust to divest from tobacco industry in 2018

The OPSEU Pension Trust is divesting from all equity and fixed-income investments in public companies that derive a majority of their revenue from the production or…

  • By: Staff
  • November 9, 2017 September 13, 2019
  • 09:24
Quebec smelter employees reject proposal for two-tiered pension plan

Quebec smelter employees reject proposal for two-tiered pension plan

Unionized employees at a Quebec-based aluminum smelter are rejecting a proposed change that would move them to a two-tiered pension arrangement from a defined benefit plan. The Syndicat des Métallos/United…

  • By: Staff
  • November 9, 2017 September 13, 2019
  • 09:00
Oil price rebound helps DB plans achieve sixth straight quarter of growth

Oil price rebound helps DB plans achieve sixth straight quarter of growth

Buoyed by rebounding Canadian equity returns, Canadian defined benefit pension plans posted returns of 0.4 per cent in the third quarter of 2017, marking the…

  • By: Staff
  • November 9, 2017 September 13, 2019
  • 08:15
Report suggests raising DC, RRSP contribution limit to 30%

Report suggests raising DC, RRSP contribution limit to 30%

The current environment is simply too difficult for Canadians to save adequately for retirement, given increased longevity and the low yields on appropriate investments, according…

Drugs pushing Canada’s total health spend to $242 billion in 2017: CIHI

Drugs pushing Canada’s total health spend to $242 billion in 2017: CIHI

As Canada’s total health spend is expected to reach $242 billion by the end of 2017, the amount spent on drugs is expected to grow at…

  • By: Staff
  • November 7, 2017 September 13, 2019
  • 16:30
FSCO clarifies inclusion of ESG in pension statements

FSCO clarifies inclusion of ESG in pension statements

The Financial Services Commission of Ontario has clarified its guidance note on how environmental, social and governance factors should be incorporated into a plan sponsor’s statement of investment…

  • By: Staff
  • November 7, 2017 September 13, 2019
  • 16:00
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Solvency rates in Canada top 100%

DB pension solvency reaches highest level in 15 years: Aon Hewitt

  • November 7, 2017 January 20, 2021
  • 13:55
NDP tables bill to protect employees’ pensions, retiree benefits

NDP tables bill to protect employees’ pensions, retiree benefits

The New Democratic Party tabled a private member’s bill Monday to amend Canada’s insolvency laws so they protect pension plans and post-retirement benefits when a company is…

  • By: Staff
  • November 7, 2017 September 13, 2019
  • 12:25
Federal government introduces bill to address workplace harassment, violence

Federal government introduces bill to address workplace harassment, violence

The federal government has introduced a new bill that would amend the Canada Labour Code to address harassment and sexual violence in federally regulated workplaces. The…

  • By: Staff
  • November 7, 2017 September 13, 2019
  • 12:00
Ivanhoé Cambridge appoints managing director of India

Ivanhoé Cambridge appoints managing director of India

The Caisse de dépôt et placement du Québec’s real estate arm, Ivanhoé Cambridge, has appointed Chanakya Chakravarti as managing director of India, growth markets, effective Jan. 8, 2018. In…

  • By: Staff
  • November 7, 2017 September 13, 2019
  • 11:50
Group annuity market could reach $10B over next three years: report

Group annuity market could reach $10B over next three years: report

The market for transferring pension risk could total up to $10 billion over the next three years, according to a new report from Eckler Ltd. In…

  • By: Staff
  • November 6, 2017 September 13, 2019
  • 17:32
CUPE launches campaign to reverse B.C. school district decision to cut retiree benefits

CUPE launches campaign to reverse B.C. school district decision to cut retiree benefits

The Canadian Union of Public Employees Local 561 is calling on the Coquitlam, B.C., school district to reverse its decision to cut post-retirement health benefits…

Employers can support workers’ mental health with digital toolkits, adequate coverage: expert

This Mental Health Week and beyond, employers can support employee mental health using digital toolkits, mental-health coaching and by providing adequate coverage, says Marie-Chantal Côtè, senior…

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

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…