CPPIB invests US$162M in Chinese shopping mall
Canada Pension Plan Investment Board will acquire a 40 per cent interest in a shopping mall in Dalian, China for US$162 million. This is the…
- By: Staff
- November 3, 2016 September 13, 2019
- 08:39
Top Stories in News
Mercer names new head of innovation
Mercer Canada has appointed Andrew Grubb as head of innovation. In the role he will focus on the trends that are shaping the future of…
- By: Staff
- November 3, 2016 September 13, 2019
- 08:25
Governance structure ‘essential’ in federal infrastructure investment plan
Following the federal government’s announcement yesterday of its plans to invest in infrastructure, one of Canada’s largest pension funds is advising the government that the…
- By: Staff
- November 2, 2016 September 13, 2019
- 11:23
City of Toronto calculation error meant 11 staff earned more on LTD than when working
Over the past 15 years, 11 seasonal employees at the City of Toronto earned more on long-term disability leave than they did while working, assistant…
- By: Sara Tatelman
- November 2, 2016 September 13, 2019
- 10:05
U.S. Steel Canada acquisition is ‘best opportunity’ for the company and retirees
The deal to sell U.S. Steel Canada Inc. to U.S.-based holding company Bedrock Industries Group LLC has been confirmed, a transaction that was proposed in…
- By: Staff
- November 2, 2016 September 13, 2019
- 09:55
Have your say: Are you worried about how the U.S. election results might impact the investment climate?
The outcome of the upcoming U.S. election, which will be decided this time next week, will likely affect institutional investors by determining the extent of…
- By: Staff
- November 2, 2016 September 13, 2019
- 09:30
PSP invests $740M in European credit platform
An affiliate of the Public Sector Pension Investment Board has invested $740 million in a new European credit platform promoted by AlbaCore Capital. AlbaCore will concentrate…
- By: Staff
- November 2, 2016 September 13, 2019
- 08:56
Caisse’s Quebec cement project nearly 75% complete
The McInnis Cement plan project, a collaboration between Caisse de dépôt et placement du Québec and other shareholders, is close to 75 per cent completed…
- By: Staff
- November 2, 2016 September 13, 2019
- 08:24
Government increases CPP pensionable earnings and adds new disability standards
The Canada Revenue Agency has announced an increase of $400 (from $54,900 in 2016 to $55,300 in 2017) to the maximum pensionable earnings under the…
- By: Staff
- November 1, 2016 September 13, 2019
- 10:51
City of Toronto staff’s high claims on ED drugs raise fraud questions
The City of Toronto has four times the occurrence of claims for erectile dysfunction drugs than other employers with benefits plans provided by Manulife Financial,…
- By: Sara Tatelman
- November 1, 2016 September 13, 2019
- 09:37
Ford and Unifor reach tentative agreement, averting strike action
Thirty minutes after its midnight deadline, Ford Motors Company and Unifor reached a tentative agreement that reinforces the economic pattern established with General Motors of…
- By: Jennifer Paterson
- November 1, 2016 September 13, 2019
- 09:15
Porter Airlines celebrates 10th anniversary with employees
When Porter Airlines launched in 2006, it employed roughly 200 people. This month, as the airline celebrates its 10th birthday, at least 75 of those…
- By: Sara Tatelman
- November 1, 2016 September 13, 2019
- 08:56
Ontario Teachers’ appoints chief economist
The Ontario Teachers’ Pension Plan has appointed Millan Mulraine as director and chief economist. Mulraine joins Ontario Teachers’ after close to 10 years with TD…
- By: Staff
- November 1, 2016 September 13, 2019
- 08:39
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…
- By: Les Marton
- April 30, 2024 April 29, 2024
- 11:00