The Canada Pension Plan fund’s net assets increased to $300.5 billion in the quarter ended Sept. 30, 2016 compared to $287.3 billion at the end of the previous quarter, according to the Canada Pension Plan Investment Board. For the six-month fiscal year-to-date period, the CPP fund increased by $21.6 billion, from $278.9 billion at March […]
The Canada Pension Plan Investment Board saw a net investment return of 1.45 per cent at the end of the first quarter of its 2017 fiscal year. As of June 30, 2016, its net assets reached $287.3 billion, compared to $278.9 billion at the end of the previous quarter. “Global investors experienced ongoing volatility this quarter, […]
The Canada Pension Plan Investment Board will sell its interest in four institutional properties it co-owns with RioCan Real Estate Investment Trust to RioCan. Read: CPPIB, Wolf to pay $1.4B for ownership in Alberta pipeline RioCan will purchase CPPIB’s 50 per cent interest in all four properties for $352 million. The properties are Grandview Corners […]
Manitoba has joined the other provinces in working towards enhancing the Canada Pension Plan, though Premier Brian Pallister said the province’s agreement with the federal government includes additional research and analysis on several proposals it had set out at the end of June. Manitoba had opted out of the agreement struck in Vancouver on June […]
A majority (58 per cent) of Canadians are in favour of a moderate expansion to the Canada Pension Plan and Quebec Pension Plan, according to research published today by the Angus Reid Institute. The research, released as federal Finance Minister Bill Morneau meets with his provincial and territorial counterparts in Vancouver to discuss CPP reform, […]
Whether Prime Minister Justin Trudeau’s promise to enhance the CPP can shift from being a mere campaign pledge to becoming reality hinges on the provinces—and especially on Quebec. As the first province to approve the federal government’s pooled registered pension plan (PRPP) and set a deadline for implementation, Quebec is being watched closely by other […]
Two existing shareholders of WSP Global, the Caisse de dépôt et placement du Québec and the Canada Pension Plan Investment Board, are each making an additional $40-million equity investment in WSP, in the Montreal-based engineering firm.
Minister of State for Finance Kevin Sorenson says expanding the Canada Pension Plan will kill jobs.
A majority of Canadians are in favour of expanding the Canada Pension Plan, according to a poll.
I am now going to publicly flip-flop and add my voice to calls for CPP expansion, which I now believe to be an inevitable development.