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Morneau appointed minister of finance

Morneau appointed minister of finance

Prime Minister Justin Trudeau has appointed newly minted members of Parliament Bill Morneau and Diane Lebouthillier to two key economic portfolios. Morneau is Canada’s new…

  • By: Staff
  • November 4, 2015 September 13, 2019
  • 11:35
For Canada’s energy industry, 2016 also expected to be rough

For Canada’s energy industry, 2016 also expected to be rough

A drilling industry group says the oilpatch is in for another year of weak activity as low commodity prices continue to pinch. The Petroleum Services…

Tackling the retirement readiness challenge

Tackling the retirement readiness challenge

With the snowballing shift from DB to DC pension plans over the last decade or two, Canadians have grown more accustomed to owning responsibility for…

Canada’s trade deficit shrinks, sparking hope for stronger growth

Canada’s trade deficit shrinks, sparking hope for stronger growth

Statistics Canada says the country’s trade deficit narrowed to $1.7 billion in September, giving rise to expectations that the economy may start to see the…

BlackRock to acquire Bank of America’s money-market fund business

BlackRock to acquire Bank of America’s money-market fund business

BlackRock will be buying Bank of America’s $87 billion money-market fund business, Reuters reports. The deal between the biggest money manager in the world and…

  • By: Staff
  • November 3, 2015 September 13, 2019
  • 11:09
Aston Hill Asset Management launches fund

Aston Hill Asset Management launches fund

Aston Hill Asset Management Inc. has launched the Aston Hill High Income Fund, which will be managed by Aston Hill’s CIO, Ben Cheng. With the…

  • By: Staff
  • November 3, 2015 September 13, 2019
  • 10:49
Mutual funds bounce back in October: Morningstar

Mutual funds bounce back in October: Morningstar

Thirty-nine of the 42 Morningstar Canada Fund Indices increased during October, including 19 indices that increased by 3% or more. Here are some highlights from…

  • By: Staff
  • November 3, 2015 September 13, 2019
  • 10:45
Money managers see 2% growth in 2014

Money managers see 2% growth in 2014

Last year, the assets managed by the biggest 500 fund managers in the world increased by over 2%, hitting US$78.1 trillion, compared with US$76.4 trillion…

  • By: Staff
  • November 2, 2015 September 13, 2019
  • 11:02
Greek banks need less money than originally feared

Greek banks need less money than originally feared

The European Central Bank (ECB) says Greece’s battered banks need 14.4 billion euros ($15.8 billion) in fresh money to get back on their feet and…

CPPIB to invest in affordable housing in Mumbai

CPPIB to invest in affordable housing in Mumbai

After opening an office in Mumbai in late October, The Canada Pension Plan Investment Board (CPPIB) will now invest $2 billion in affordable housing in…

  • By: Staff
  • November 2, 2015 September 13, 2019
  • 10:27
Eurozone inflation rate hits zero

Eurozone inflation rate hits zero

The annual inflation rate in the 19 countries that use the euro reached zero in October, which could push the European Central Bank to expand…

Valeant to cut all ties with Philidor, hopes to minimize disruption for patients

Valeant to cut all ties with Philidor, hopes to minimize disruption for patients

Valeant Pharmaceuticals says it’s cutting all ties with Philidor Rx Services, a partner company at the centre of a controversy about how Canada’s largest publicly…

Canada posts only 0.1% growth in August

Canada posts only 0.1% growth in August

Statistics Canada says the pace of economic growth in Canada slowed in August. The agency says the economy grew by 0.1% in the month, following…

Average Canadian DB pension plan’s funded solvency position up 2.8% in February: report

The funded position of a typical defined benefit pension plan rose both on a solvency basis (2.8 per cent) and an accounting basis (2.3 per…

  • By: Staff
  • March 28, 2024 March 28, 2024
  • 15:00

47% of Canadian employees relying on workplace benefits to improve well-being: report

Nearly half (47 per cent) of Canadian employees say they’re interested in improving their well-being and plan on using workplace benefits to do so, according…

  • By: Staff
  • March 28, 2024 March 27, 2024
  • 09:00

Expert Panel: CPPIB taking steps to face shifting investment landscape in China

The decision by the Canada Pension Plan Investment Board this month to reduce 10 per cent of its China equity team based in Hong Kong…

Ontario continues work on infrastructure bank, target-benefit pension plan framework

In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…

  • By: Staff
  • March 27, 2024 March 27, 2024
  • 15:00

Hydro-Quebec’s $185 billion expansion plan getting institutional investor attention: report

A new $185 billion plan by Hydro-Quebec to build out increased power capacity is gaining attention from institutional investors, according to a report by Bloomberg.…

  • By: Staff
  • March 27, 2024 March 26, 2024
  • 15:00

New York State Common Retirement Fund curbing oil and gas investments

The New York State Common Retirement Fund is restricting its exposure in eight integrated oil and gas companies, including divesting a portion of its investment…

  • By: Staff
  • March 26, 2024 March 26, 2024
  • 15:00