Nearly half (46 per cent) of Canadian employees said financial stress is impacting their workplace performance, according to a new survey by the Canadian Payroll Association. The survey also found that Canadian employees are more concerned with work-life balance (33 per cent) than they are with earning higher wages (26 per cent). This is especially true of […]
It's not just about corporate lending.
The Canada Pension Plan Investment Board is providing more than $481 million of seed lending to Australian-based Challenger Investment Partners Ltd., a global fixed income and real estate manger. The funding it set to go to middle-market real estate loans in Australia and New Zealand, which Challenger will source and manage. “This partnership marks our first real estate […]
At the end of its 2018 fiscal year, the Public Sector Pension Investment Board posted a net return of 9.8 per cent, representing $13.5 billion in income. While the result wasn’t as hefty as last year’s 12.8 per cent, the fund beat its benchmark portfolio return of 8.7 per cent. The increase in assets marks […]
With global growth improving, interest rates continued to increase in 2017, particularly in Canada and the United States. Many believe the U.S. Federal Reserve will raise rates three times in 2018, dragging the Bank of Canada along with it. On March 8, 2018, the 10-year benchmark bond sat at 2.37 per cent, which hardly represents a […]
The majority of global institutional investors anticipate 2018 will be a year of increasing volatility in both the bond (70 per cent) and stock (78 per cent) markets, according to Natixis Investment Managers. Its latest survey, which polled 500 institutional investors in North America, Latin America, Europe, Asia and the Middle East, found that 72 per cent of […]
Canada is a new leader in corporate and personal debt.
More than 80 per cent of Canadian employees would be interested in an employer-provided financial education program, according to a new survey by the Canadian Payroll Association. The survey, published during Financial Literacy Month, indicates that Canadians are dealing with increased financial stress, and that 50 per cent feel it affects their on-the-job performance. “Financial stress […]
In response to the growing issue of employees entering the workforce saddled with significant student debt, Great-West Life Assurance Co. is piloting a program to empower workers to save for retirement while paying down their student loans. Those employees eligible to take part in the program will receive employer-matched contributions, based on the company’s existing formula, to […]
The return to normal rates will hurt us more than we know.