The Canadian Securities Administrators admitted its decision to pause the development of a climate-related disclosure mandate for public issuers is intended to be temporary and wants to bring it back, said Grant Vingoe, chief executive officer at the Ontario Securities Commission. Last week, regulatory leaders across Canada met to find common ground against the current […]
Three-quarters (76 per cent) of institutional investors say they integrate environmental, social and governance across their investment platform, according to a new survey by Callan. The survey, which polled 1,500 institutional investors, found there has been a decline in the use of a firmwide ESG policy from 74 per cent in 2023 to 71 per […]
The chair of the Canadian Sustainability Standards Board wants to ensure institutional investors are well represented at the discussion table when shaping voluntary climate disclosure metrics for Canadian businesses. “Since I joined — before we even started an outreach strategy — many institutional investors reached out and wanted to meet with me and understand what […]
Canada’s largest pension fund is being sued by four young Canadians who claim the Canada Pension Plan Investment Board is failing to properly manage climate-related financial risk. The four allege in a lawsuit filed in the Ontario Superior Court of Justice on Monday that the investment manager for the Canada Pension Plan is breaching its […]
Canadian companies are falling behind in their competitiveness by not preparing credible climate transition plans, according to a new report from Business Future Pathways. The inaugural report from a new working group, with leading Canadian pension fund representatives, found corporate transition plans can help businesses prepare for climate disruptions but aren’t being developed and published. […]
Canada’s federal government is raising funds to support green infrastructure and nature conservation projects through its fifth issuance of green bonds. The 30-year green bonds are designed to attract private financing and play a role in the country’s strategy to achieve net-zero emissions by 2050. The investment asset is backed by Canada’s AAA credit rating. […]
Not everyone can say they’ve spent two decades at the same organization, but Candy Wong, portfolio manager of external managers and international strategies at Manitoba’s Civil Service Superannuation Board, is now in her 21st year at the public sector pension plan. “I don’t think you can foresee where you’re going to be, especially in finance. […]
Canadian financial institutions appear ready to absorb projected potential losses from physical and transition risks caused by climate change, according to a new report by the Autorité des marchés financiers and the Office of the Superintendent of Financial Institutions. The report, which engaged more than 250 financial institutions in Canada, found organizations are prepared for […]
The British Columbia Investment Management Corp. participated in 2,225 global meeting voting sessions during the 2025 proxy season, according to its new stewardship report. As part of its effective stewardship approach and advancement of environmental, social and governance policies, the investment organization engaged 176 portfolio companies to address material risks and opportunities. It achieved its […]
Canadian asset owners are increasingly evaluating allocations to the U.S. amid currency volatility, valuation weighed against expected returns in the jurisdiction, says Anya Levine, head of market strategy at Morningstar Sustainalytics. “Canadian investors were far more likely to have a decreased allocations to U.S.-based assets in the past 12 months than the rest of the […]