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 […]
The funded ratio of the average Canadian defined benefit pension plan grew by two per cent during the fourth quarter of 2024 and 12 per cent since the start of the year to 129 per cent, according to a new report by Normandin Beaudry. It found the average solvency ratio of Canadian pension plans was […]
In the search for market-beating returns, institutional investors are facing a shifting geopolitical landscape, ongoing questions about monetary policy and the impact of climate change. At the 2024 Investment Innovation Conference on Nov. 12-14 in Vancouver, B.C., leading academics and industry figures reckoned with the aftermath of the highly anticipated U.S. presidential election and provided […]
Canadian spending per household trends show the country’s economy is experiencing a recession, said Stephen Poloz, former governor at the Bank of Canada and a special advisor at Osler, Hoskin & Harcourt LLP, during a session at the Canadian Investment Review’s 2024 Investment Innovation Conference. Consumer spending numbers have declined around two per cent for […]
Pension plan sponsors’ integration of artificial intelligence will be a disruptive event that will require a delicate approach with sufficient testing, according to Alpesh Sethia (pictured right), chief technology officer at the Healthcare of Ontario Pension Plan. Speaking during a panel session at the Canadian Investment Review’s 2024 Investment Innovation Conference, he described the testing lab set […]
An independent review of the Ontario Municipal Employees’ Retirement System will examine the unique governance structure of the investment organization. The current structure of the investment organization designates two separate entities with different duties and responsibilities, notes Jordan Fremont, a partner in the pensions and benefits group at Stikeman Elliott LLP. The OMERS Sponsors Corporation […]
The market volume of annuity purchases by Canadian defined benefit pension plan sponsors reached an estimated $2.1 billion in the third quarter of 2024, a small decline from $2.5 billion in the previous quarter, according to a new report by Telus Health. It noted some insurers are showing a strong appetite and offer competitive pricing […]
While political tensions have recently flared between Canada and India, institutional investors are unlikely to adjust their capital allocation to the country, says Partha Mohanram, John H. Watson chair in value investing at the Rotman School of Management at the University of Toronto. “I don’t [have] any indication that you’re going to see any kind […]