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 […]
In its fall economic statement, the Ontario government said it plans to introduce legislation that would effectively end preferred pharmacy networks in the province. The legislation, based on the province’s findings from two consultations, would enable an ‘any willing provider’ framework — in which any pharmacy willing to match a PPN’s financial terms could join […]
An article on one of Pratt & Whitney Canada’s wins in Benefits Canada’s 2025 Workplace Benefits Awards 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. Pratt & Whitney Canada’s winning well-being program centres around four pillars of […]
In its 2025 budget, the federal government announced several initiatives to incentivize institutional investors to back domestic infrastructure and business ventures. The budget proposed $1 billion on a cash basis over three years, starting in 2026-27, for the Business Development Bank of Canada to launch a venture and growth capital catalyst initiative, a fund-of-funds that […]
In its 2025 budget, the federal government announced several initiatives to incentivize institutional investors to back domestic infrastructure and business ventures. The budget proposed $1 billion on a cash basis over three years, starting in 2026, for the Business Development Bank of Canada to launch a venture and growth capital catalyst initiative, a fund-of-funds that […]
According to MFS Investment Management’s Sean Kenney, his three sisters would all fall within the same target-date age cohort, but their lifestyles and retirement goals are completely different. His oldest sister, married with three kids, makes a middle-class income, doesn’t have a lavish lifestyle and loves being at home. Kenney’s twin sister, single with no […]
While integrating private assets into target-date funds can give plan members income-generating and diversification benefits at an attractive risk profile relative to traditional asset classes, these assets aren’t without complications, said Brett Goldstein, senior vice-president and head of asset allocation portfolio management at Franklin Templeton Investment Solutions. Speaking during Benefits Canada’s 2025 Defined Contribution Investment […]