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The Tragedy of Greece

The Tragedy of Greece

Greece's catch-22: a toxic deal or a disorderly exit.

  • July 15, 2015 September 13, 2019
  • 18:19
Feds want to join pharmaceutical alliance

Feds want to join pharmaceutical alliance

Health Minister Rona Ambrose has penned a sharply-worded letter calling for the provinces and territories to co-operate with the feds to help slash the cost…

Dollar sinks, TSX rises after BoC rate cut

Dollar sinks, TSX rises after BoC rate cut

The Canadian dollar plunged Wednesday to a post-recession low after the Bank of Canada cut its key interest rate and lowered its economic forecast.

Yellen says rate hike likely this year

Yellen says rate hike likely this year

Federal Reserve Chair Janet Yellen sees a number of encouraging signs that the economy is reviving after a brutal winter and says if the improvements…

BoC cuts rate to 0.5%

BoC cuts rate to 0.5%

The Bank of Canada is lowering its target for the overnight rate to 0.5%. The bank rate is correspondingly 0.75% and the deposit rate is…

  • By: Staff
  • July 15, 2015 September 13, 2019
  • 10:34
A mid-year investment outlook

A mid-year investment outlook

It’s been a tumultuous year for equity markets. A drop in oil prices has pushed down Canadian stocks while the turmoil in Greece has sent…

Greece will need more debt relief than previously expected: IMF

Greece will need more debt relief than previously expected: IMF

The International Monetary Fund has indicated in a secret report that Greece will need more debt relief than its creditors are prepared to provide, Reuters…

  • By: Staff
  • July 14, 2015 September 13, 2019
  • 15:54
Despite hope for a new bailout, Grexit threat remains

Despite hope for a new bailout, Grexit threat remains

As early as two months from now, history might repeat itself in the eurozone. After months of wrangling, Greek Prime Minister Alexis Tsipras has finally…

Hedge funds register first loss of 2015

Hedge funds register first loss of 2015

Hedge funds registered their first monthly loss of 2015 with the Eurekahedge Hedge Fund Index down 1.26% in June, while the MSCI World Index declined…

  • By: Staff
  • July 14, 2015 September 13, 2019
  • 11:28
Lawsuit accuses Walmart of denying benefits to same-sex spouses

Lawsuit accuses Walmart of denying benefits to same-sex spouses

A Massachusetts woman has filed a class-action lawsuit accusing Walmart of wrongly denying employee benefits for same-sex spouses.

Ottawa seeks feedback on voluntary CPP

Ottawa seeks feedback on voluntary CPP

The Government of Canada has officially started consultations for a voluntary supplement to the Canada Pension Plan (CPP).

  • By: Staff
  • July 14, 2015 September 13, 2019
  • 11:00
Long waits for healthcare cost $1.2 billion

Long waits for healthcare cost $1.2 billion

Long waits for surgeries and medical treatments in 2014 cost Canadians $1.2 billion in lost income and productivity, finds a Fraser Institute study.

  • By: Staff
  • July 14, 2015 September 13, 2019
  • 09:36
RBC to sell Swiss private banking business

RBC to sell Swiss private banking business

Royal Bank of Canada has agreed to sell its Switzerland-based private banking business to SYZ Group for an undisclosed amount.

  • By: Staff
  • July 14, 2015 September 13, 2019
  • 09:15

Survey finds 95% of U.S. public pension funds employ investment consultants

More than 95 per cent of U.S. public pension funds employ at least one investment consultant, according to a new survey by Coalition Greenwich. The…

  • By: Staff
  • April 26, 2024 April 26, 2024
  • 15:45

Younger employees expect a 10% raise if unable to work in a hybrid arrangement: survey

Generation Z and millennials say they’d expect a 10 per cent salary increase, on average, if they were unable to work in a hybrid working…

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

Top 5 HR, benefits, pensions and investment stories of the week

An article on how employers are enhancing their benefits packages to boost talent attraction and retention was the most-read story on BenefitsCanada.com this past week.…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

73% of OPB plan members want ESG considerations included in investment decisions: survey

Roughly seven in 10 (73 per cent) Ontario Pension Board plan members believe environmental, social and governance factors should play a critical role in the…

  • By: Staff
  • April 25, 2024 April 24, 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…