More Pain Ahead for Canada’s Energy Sector in 2016
Industry group says 2016 will be another gloomy year for Canada's energy sector.
- By: Canadian Press
- November 5, 2015 September 13, 2019
- 06:27
Top Stories in News
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
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…
- By: Canadian Press
- November 4, 2015 September 13, 2019
- 10:47
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…
- By: Karen Burnett
- November 4, 2015 September 13, 2019
- 10:41
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…
- By: Canadian Press
- November 4, 2015 September 13, 2019
- 10:37
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 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
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
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
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…
- By: Associated Press
- November 2, 2015 September 13, 2019
- 10:34
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
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…
- By: Associated Press
- October 30, 2015 September 13, 2019
- 10:24
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…
- By: Canadian Press
- October 30, 2015 September 13, 2019
- 10:21
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