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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…

Former Teachers’ CIO joins Northwater Capital

Former Teachers’ CIO joins Northwater Capital

Neil J. Petroff has joined Northwater Capital Management Inc. as vice-chair. As part of his role, he will provide Fluid Strategies with input into the…

  • By: Staff
  • October 30, 2015 September 13, 2019
  • 10:11
AIG too big to succeed: Icahn

AIG too big to succeed: Icahn

Activist investor Carl Icahn urged American International Group Inc. to split up into smaller companies Wednesday, saying that the insurance provider is “too big to…

Salaries will increase only modestly in 2016

Salaries will increase only modestly in 2016

Amid the sluggish economy, Canadian employers remain cautious, planning only moderate base salary increases next year, The Conference Board of Canada projects. Average increases for…

McKesson adds two

McKesson adds two

McKesson Canada has appointed Neil Donald as director, private payers. Donald has been with McKesson for almost three years and has extensive experience in both…

  • By: Staff
  • October 29, 2015 September 13, 2019
  • 10:40
Fidelity launches equity fund

Fidelity launches equity fund

Fidelity Investments Canada ULC has launched Fidelity North American Equity Class, which offers opportunities in the Canadian and U.S. equity markets. Generally, the fund will…

  • October 28, 2015 September 13, 2019
  • 10:36
Alberta needs to borrow money to offset low oil prices

Alberta needs to borrow money to offset low oil prices

Alberta’s NDP government will forge ahead building schools and hospitals and hiring more teachers and nurses, but the devastating impact of low oil prices has…

CPPIB buys into portfolio of U.S. warehouses

CPPIB buys into portfolio of U.S. warehouses

Canada Pension Plan Investment Board (CPPIB) is expanding its investments in the United States, including a US$350-million real estate deal. The transaction will give the…

Trudeau promises federal help with ORPP

Trudeau promises federal help with ORPP

Justin Trudeau was greeted like a rock star as he arrived at the Ontario legislature Tuesday for a meeting with Premier Kathleen Wynne, and rewarded…

Trudeau and Wynne to discuss CPP expansion

Trudeau and Wynne to discuss CPP expansion

Justin Trudeau is showing how dramatically the federal government’s relationship with Ontario has changed, making his first meeting with a premier since last week’s Liberal…

Valeant asks SEC to investigate Citron Research

Valeant asks SEC to investigate Citron Research

The CEO of Valeant Pharmaceuticals is asking U.S. securities regulators to investigate Citron Research. Valeant CEO Michael Pearson told analysts on a conference call Monday…

U.S. rate hike could hurt emerging markets and commodities

U.S. rate hike could hurt emerging markets and commodities

The expected U.S. rate hike could stifle emerging market growth as investors move more money back to the U.S., argues a piece by Advisor. Asian…

  • By: Staff
  • October 27, 2015 September 13, 2019
  • 10:29

Ontario court sides with IBM in pension benefits rectification case

An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…

Diabetes medications remain leading drug category for eligible claims in 2023: report

In 2023, diabetes medications remained the leading drug category for eligible private insurance claims for the second consecutive year, according to Telus Health’s annual drug…

  • By: Staff
  • April 24, 2024 April 23, 2024
  • 09:00

WISE Trust returns 7.9% in 2023, net assets increase to $4 billion

The Workplace Insurance and Safety Employees Trust generated a net return of 7.9 per cent in 2023, with net assets reaching $4 billion, up from…

  • By: Staff
  • April 23, 2024 April 23, 2024
  • 15:00

Expert panel: How institutional investors are adapting to a post-pandemic global economy

Renowned American businessman and investor Charlie Munger once said, “You have to keep learning if you want to become a great investor. When the world…

Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report

The funded ratio of the average Canadian defined benefit pension plan, excluding the effect of asset smoothing, reached 124 per cent as at March 31,…

  • By: Staff
  • April 23, 2024 April 22, 2024
  • 09:00

AIMCo returns 6.9% in 2023, driven by equities, fixed income

The Alberta Investment Management Corp.’s total fund generated a net return of 6.9 per cent in 2023, 1.8 percentage points below its 8.7 per cent benchmark.…

  • By: Staff
  • April 22, 2024 April 23, 2024
  • 15:00