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 […]
One academic argues in favour of public equity’s transparency in a volatile economy, while another looks to private equity’s future gains. Yuanshun Li, associate professor, interim chair, finance, Toronto Metropolitan University In today’s climate of persistent inflation, uneven global growth and a recent pivot towards monetary easing, investors are rightly re-evaluating risk. While private equity […]
The Ontario Teachers’ Pension Plan is selling its 60 per cent stake in the Sydney Desalination Plant to the Utilities Trust of Australia. The UTA, which previously owned 40 per cent of the plant, will now take full ownership of the facility, which can produce up to 250 million litres of drinking water per day. […]
An article on Ontario’s proposed changes to preferred pharmacy network agreements 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. How Ontario’s proposed changes to preferred pharmacy networks could reshape drug plan costs 2. How predictability in the […]
A joint venture co-owned by the Canada Pension Plan Investment Board and IndoSpace is acquiring six industrial and logistics parks in India for roughly $471 million. The investment organization is providing $217 million to fund the transaction by IndoSpace Core, which the CPPIB owns a 93 per cent stake in. Structural growth, driven by urbanization […]
The Caisse de dépôt et placement du Québec and Investissement Québec are each acquiring a minority stake in Quebec-based steelmaker the Honco Group. The transaction consolidates the company’s Quebec-based ownership while accelerating its Canadian and international expansion, according to a press release. “This milestone marks an important step in our approach to value creation and […]
The world’s 500 largest asset managers’ assets under management reached US$139.9 trillion at the end of 2024, a 9.4 per cent increase from the previous year, according to a new report by WTW’s Thinking Ahead Institute. It found this increase was driven largely by North American asset managers, which reported an average increase of 13 […]
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 […]
In its fall economic statement, the Ontario government said it’s introducing legislation that would amend the Ontario Municipal Employees Retirement System Act, enabling provisions intended to enhance the OMERS’ governance, strengthen transparency and accountability. The introduction of legislation takes place following a 2024 governance review that was completed earlier this fall. In his report, special advisor […]