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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
CI Financial to buy First Asset Capital

CI Financial to buy First Asset Capital

CI Financial has reached an agreement to acquire 100% ownership of First Asset Capital. First Asset is a privately owned investment firm that has approximately…

  • October 26, 2015 September 13, 2019
  • 11:16
Mergers and acquisitions to increase despite global volatility

Mergers and acquisitions to increase despite global volatility

Despite market volatility, executives across the globe still have appetites for corporate takeovers, says a new EY study. That’s what has been diving the recent…

Your cafeteria may be giving your employees cancer

Your cafeteria may be giving your employees cancer

Does your cafeteria serve bacon or ham? If so, the likelihood of your employees getting cancer might be higher. Ham, sausage and other processed meats…

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

GreenShield, Unifor agreement includes pension, benefits gains

The union representing more than 600 employees at GreenShield Canada in Toronto and Windsor, Ont. has ratified a three-year collective agreement that includes pension and…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00

55% of Canadian workers say employer-sponsored health benefits don’t meet their needs: survey

More than half (55 per cent) of Canadian employees say their employer-sponsored health benefits don’t fully meet their needs and two-fifths (42 per cent) say…

  • By: Staff
  • May 2, 2024 May 2, 2024
  • 15:00

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…