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Canadian pension plans betting on property and casualty insurance sector

Canadian pension plans betting on property and casualty insurance sector

Three major pension funds have made significant investments in property and casualty insurance companies in the past six months. What do the transactions suggest about…

Have your say: Will 18-month parental leave make the system more complicated?

Have your say: Will 18-month parental leave make the system more complicated?

In its 2017 budget last week, the federal government extended parental leave from 12 to 18 months. It’s a change that the Liberal government first…

  • By: Staff
  • March 28, 2017 September 13, 2019
  • 09:00
Report provides blueprint for government-led infrastructure investment

Report provides blueprint for government-led infrastructure investment

Ottawa should encourage widespread investment in existing and new infrastructure by institutional investors, such as pension plans and insurers, according to a new report by…

  • By: Staff
  • March 28, 2017 September 13, 2019
  • 09:00
Ontario Teachers’ and OMERS Back British Smart Energy Companies

Ontario Teachers’ and OMERS Back British Smart Energy Companies

Smart meters will update and modernize energy system.

U.S. Retirement Assets Surpass $25 Trillion Mark

U.S. Retirement Assets Surpass $25 Trillion Mark

New study also shows DC is the fastest growing segment

Toronto councillors question benefits loopholes flagged by auditor general

Toronto councillors question benefits loopholes flagged by auditor general

Toronto city councillors are asking questions after the municipality’s auditor general raised red flags about several questionable benefits claims, including the case of an employee…

Veterans affairs minister touts new and expanded benefits, hedges on pensions

Veterans affairs minister touts new and expanded benefits, hedges on pensions

Veterans Affairs Minister Kent Hehr has all but ruled out a return to the old way injured veterans received pensions, setting up a potentially vicious…

PSP Investment consortium acquires U.S. data centre

PSP Investment consortium acquires U.S. data centre

A consortium that includes the Public Sector Pension Investment Board has acquired Vantage Data Centers, a U.S.-based provider of data centre solutions. The consortium, which…

  • By: Staff
  • March 27, 2017 September 13, 2019
  • 08:41
Ontario Teachers’ and OMERS back British smart energy companies

Ontario Teachers’ and OMERS back British smart energy companies

The Ontario Teachers’ Pension Plan, the Ontario Municipal Employees Retirement System’s infrastructure investment manager Borealis Infrastructure and Britain-based energy company SSE are backing the launch…

  • By: Staff
  • March 27, 2017 September 13, 2019
  • 08:17
Morneau Shepell to provide assistance to global expats

Morneau Shepell to provide assistance to global expats

Morneau Shepell is partnering with the Immigration Industry Association to provide employee assistance services to expatriates, migrants and people who are considering migrating. The program is…

  • By: Staff
  • March 24, 2017 September 13, 2019
  • 09:30
Fewer Canadians financially unwell than last year: survey

Fewer Canadians financially unwell than last year: survey

Fewer Canadians report being financially unwell than last year, according to Manulife’s annual financial wellness index. According to the survey, 40 cent of Canadians are financially unwell, which is down…

  • By: Staff
  • March 24, 2017 September 13, 2019
  • 09:19
OPB Reports 97% Funded Status

OPB Reports 97% Funded Status

Plan posts an increase of nearly two percentage points compared to last year’s return.

More budget updates: Canada savings bonds dropped, T4 rules changed

More budget updates: Canada savings bonds dropped, T4 rules changed

Among the changes announced by the federal government in its budget yesterday is the cancellation of the Canada savings bond program, a savings vehicle many employers have…

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

90% of U.S. workers have ‘rage applied’ for a job in the last 6 months: survey

A majority (90 per cent) of U.S. workers have “rage applied” for a new job in the last six months, according to a new survey by Bold…

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

More private payers seeking to reduce costs turning to preferred pharmacy networks: expert

As more insurers turn to preferred pharmacy networks to decrease costs, their efforts are being met with some resistance by plan members who may be…

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…

Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal

Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state…

  • By: Staff
  • April 30, 2024 April 29, 2024
  • 09:00