An article on how diversity, equity and inclusion strategies are changing 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. Is DEI dead, rebranding or undergoing a natural evolution? 2. Canadian employees’ well-being declines in 2024: report 3. […]
The average Canadian defined benefit pension plan returned 1.1 per cent during the first quarter of 2025, a slight decrease from 1.6 per cent in the previous quarter, according to a new report by RBC Investor Services. It found Canadian equities returned 1.2 per cent, slightly underperforming the TSX composite index, which rose 1.5 per […]
The funded position of a typical Canadian defined benefit pension plan increased both on a solvency and accounting basis in January, according to Telus Health’s latest pension index. It found the average funded position increased slightly on a solvency basis from 100 per cent to 101.6 per cent at the end of the month. On […]
The pension risk transfer market achieved a record-breaking demand with $11 billion in deals at the end of 2024, according to a new report from Telus Health. The year-end total from 2024 eclipsed the $7.8 billion total worth of annuities transaction volume seen in 2023 and 2022. The fourth quarter saw $5.2 billion worth of […]
The Nova Scotia Pension Services Corp. is appointing Brendon LeLievre as senior manager of business development, effective Feb. 5, 2025. In the new role, he’ll be tasked with engaging potential private sector employers to join the province’s $8.2 billion Public Service Superannuation Plan. Nova Scotia Pension Services Corp. assets increase to $13.7BN in fiscal 2024 […]
The funded position of a typical Canadian defined benefit pension plan decreased both on a solvency and accounting basis in December 2024, according to Telus Health’s latest pension index. It found the funded position declined slightly on a solvency basis to 111.3 per cent in December, down from 111.4 per cent at the end of […]
While a plan member lawsuit against the Ontario Teachers’ Pension Plan regarding cryptocurrency investment decisions isn’t entirely surprising, it’s not a common event in Canada, says Level Chan, a partner at Stewart McKelvey. “In Canada, it does not come up very much. It normally is only in these unique circumstances where there is kind of […]
The average Canadian defined benefit pension plan returned 1.6 per cent during the fourth quarter of 2024, a decrease from 5.1 per cent in the previous quarter, according to a new report by RBC Investor Services. It found Canadian DB plans closed the year with the strongest yearly median return in five years at 11.3 […]
While Canada needs an additional 5.8 million housing units by 2030 to restore affordability in the marketplace, the country only averages about 200,000 new housing completions per year, said Aaron Pittman, senior vice-president and head of Canadian institutional investments at Equiton. “From concept to occupancy in Canada, on the residential build side, you’re looking at […]
The limited availability of retirement income solutions is giving physicians in Canada a compelling reason to join a new multi-employer pension plan, said Simone Reitzes, managing director of the Medicus Pension Plan, during a session at the Canadian Investment Review’s 2024 Defined Benefit Investment Forum. As part of Reitzes’ engagement with potential new plan members […]