Mark Wiseman, former president and chief executive officer of the Canada Pension Plan Investment Board, will become the next Ambassador of Canada to the U.S., effective Feb. 15, 2026. Wiseman, who succeeds Kirsten Hillman in the role, has a background in law, business and finance. In addition to his role at the CPPIB, Wiseman was […]
An article on the future of the Glasgow Financial Alliance for Net Zero and its impact on institutional investors was the most-read investment story on BenefitsCanada.com this year. Here are the top 10 investment stories of 2025: 1. Unraveling of Carney-led GFANZ doesn’t spell end of global climate action: expert 2. Financial markets resilient in […]
The Alberta Investment Management Corp. is permanently appointing Ray Gilmour as the organization’s chief executive officer, a role he has held on an interim basis since Nov. 8, 2024. Gilmour was appointed to the role after former CEO Evan Siddall and the AIMCo’s board of directors were fired by Alberta Finance Minister Nate Horner, who […]
Alberta is moving to insulate its Crown investment corporation from potential legal liabilities and protect companies in the province from lawsuits accusing them of greenwashing. The wide-ranging legislation proposed Tuesday by Premier Danielle Smith’s government aims to protect the Alberta Investment Management Corp. — which manages public sector pensions — after it recorded about $2 […]
Size matters when it comes to Canada’s much-vaunted model of pension investment. Sebastien Betermier, an associate professor of finance at McGill University’s Desautels Faculty of Management, says the in-house capabilities and direct, private-asset investment that characterize the approach pioneered by the Maple 8 aren’t replicable by just any pension fund. “You need to be really […]
A climate advocacy group says oil and gas representation on the boards of Canada’s big public pensions raise concerns about conflicts of interest. In a new report, Shift Action for Pension Wealth & Planet Health said as of June 1, the boards of five of Canada’s largest public sector funds had members who are also […]
Eddy Ng remembers 2020 as a landmark year for diversity, equity and inclusion as the corporate world responded to the public outcry that followed the murder of George Floyd. Within months of that tragic event, the largest companies in the world had publicly committed an estimated $50 billion towards racial justice measures, while professional networking […]
The Ontario Pension Board is appointing Andrew Tambone as chief investment officer. In the role, Tambone will be responsible for overseeing the OPB’s relationship with its asset manager the Investment Management Corp. of Ontario and its investment portfolio performance. He’ll join the OPB in July and will succeed current CIO Chris Kautzky. Read: OPB making […]
An article on how flexible retirement savings plans can help employees retire early was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Flexible savings plans, employer matching allowing employees to retire earlier than planned: survey 2. Are Canadian […]
The Alberta Investment Management Corp. is reporting a total fund net investment return of 12.3 per cent, roughly 1.5 per cent below its 13.8 per cent benchmark return. As at Dec. 31, 2024, its total assets under management were $179.6 billion, compared to $160.6 billion at the end of 2023. The investment organization’s balanced fund […]