In the current market environment, institutional investors worried about cash management want advance notice of when capital calls are coming, says Stuart Waugh, managing partner at Northleaf Capital Partners. In response, Northleaf has created a new matrix to help institutional investors. “We actually built a matrix of all of our investors across all of our […]
Morneau Shepell Ltd. is partnering with the Ontario government to provide its online cognitive behavioural therapy program to Ontarians aged 16 and over during the coronavirus pandemic. The program will be offered as part of a suite of mental-health supports now available to Ontarians for free. “During this time, people’s mental health and well-being are […]
Digital is the new normal for committee and board meetings, so people must get used to it, says Rahul Bhardwaj, president and chief executive officer, of the Institute of Corporate Directors. Pension plan sponsors are under lots of strain in the current environment. “You want to make sure that you have efficient, effective meetings that […]
Canadian equities were the worst performing traditional asset category in the first quarter, according to a report that sizes up the financial impact of the novel coronavirus pandemic and concurrent decline in world oil prices during the first three months of 2020. The CIBC Mellon report says Canadian equities had a first-quarter median return of […]
The U.S. Treasury Department is detailing how it plans to borrow a record-breaking $2.99 trillion in debt this quarter, which will include issuing a 20-year bond for the first time since 1986. The Treasury faces an unprecedented need for credit because of the trillions of dollars the government is spending to deal with the impact […]
Real estate companies, just like many other businesses, are in a bizarre holding pattern, waiting for some of the measures necessitated by the coronavirus pandemic to ease. “You do have a certain amount of time you can hold your breath and the video technology and so forth has enabled us to hold our breath longer, […]
The Canada Revenue Agency is waiving the one per cent minimum required employer contribution on defined contribution pension plans for the remainder of 2020. Registered DC plan sponsors are required to contribute at least one per cent of all active members’ pensionable earnings each year. But in light of the coronavirus pandemic, the Minister of National […]
In April, Pride at Work Canada convened nine professionals across the country to discuss the specific impacts of the coronavirus pandemic on LGBTQ+ employees. “We wanted to ensure everyone was working together to gather nationwide perceptions because each jurisdiction is viewing things differently,” says Colin Druhan, the organization’s executive director. “We also wanted to guarantee […]
China’s economy was the first to suffer the consequences of fighting the novel coronavirus and is the first on the road to recovery. If it can prevent a second wave of coronavirus cases and continue to support the small, privately owned firms that drive job creation, China’s economy could put a floor under global growth […]
League Inc. is offering a free three-month trial of its Health Benefits Experience platform in a bid to alleviate the health-care and administrative overloads that human resources teams are experiencing during the coronavirus crisis. “This is an incredibly challenging time in our communities, for individuals, families and businesses,” said Mike Serbinis, founder and chief executive officer […]