financial reporting – Benefits Canada.com

TTC pension plan appointing Danny Ip director of investment risk and analytics

Gideon Scanlon — Tue, 19 Jul 2022 16:45:36 +0000

The TTC Pension Plan is appointing Danny Ip as its first director of investment risk and analytics. In the newly created role, Ip is responsible for solidifying the defined benefit plan’s investment risk and analytics functions. He’ll lead the creation of clear and consistent investment risk reporting processes and deliver regular performance and analytical reports, […]

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Canadian companies must adopt transparent, consistent climate-risk reporting: report

mschmit — Thu, 04 Feb 2021 11:00:06 +0000

Institutional investors, regulators and financial standard organizations are calling on Canadian corporations to adopt transparent climate-risk reporting, according to a new report from the C.D. Howe Institute. The report noted corporate directors have the legal and fiduciary duty to act in the best interests of their companies in developing strategies to address climate-related financial risks […]

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New B.C. financial services authority appoints CEO

mschmit — Mon, 24 Jun 2019 11:00:53 +0000

The B.C. Financial Services Authority’s board of directors is appointing Blair Morrison as its new chief executive officer, effective July 22, 2019. The province’s financial institutions commission will become the BCFSA, a self-funded Crown agency focused on the regulation of pension plans, credit unions, insurance and trust companies and mortgage brokers. In addition to the role […]

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OPTrust and partners launch climate-focused strategic investment project

mschmit — Fri, 07 Sep 2018 05:46:22 +0000

A group of financial institutions, including the OPSEU Pension Trust, is launching a climate-focused pilot project that will map potential future climate impacts on investment performance. The project aims to integrate quantified risks associated with climate change into standard, forward-looking financial scenarios that drive strategic investment decision-making, according to a press release. The investors involved will use […]

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Institutional investors sign declaration for climate change accountability

mschmit — Fri, 27 Oct 2017 04:00:40 +0000

A group of 30 Canadian and international pension funds and financial institutions have released a joint declaration that implores publicly traded companies in Canada to commit to disclose more information about their exposure to the risks of climate change and the measures undertaken to manage them. The 30 signatories — which include Bâtirente, the Caisse de dépôt et […]

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New CFO network to focus on financial sustainability

mschmit — Wed, 29 Mar 2017 05:00:35 +0000

The Prince of Wales’ Accounting for Sustainability project has launched a Canadian chapter of its chief financial officer network that will focus on the role the finance community plays in integrating environmental and social issues into financial decision-making. Founding members of the Canadian chapter, which is the first outside Europe, include chief financial officers from […]

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Brandes extends relationship with State Street

mschmit — Mon, 27 Jun 2011 08:34:45 +0000

Brandes Investment Partners & Co. (BIPCo) has expanded its investment servicing relationship with State Street to include its Canadian pooled funds totalling $1 billion in assets. State Street will provide custody, accounting, financial reporting and taxation services, securities lending and performance analytics and will be trustee and transfer agent for the funds. “Our relationship with […]

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Canadian Companies Ill Prepared for New Financial Reporting Rules

mschmit — Sun, 27 Apr 2008 20:00:00 +0000

A look at the preparedness of Canadian companies regarding the impending shift to International Financial Reporting Standards (IFRS) has revealed a serious lack of planning, according to experts at a Financial Executives International conference in Toronto on Friday. January 1, 2011 is when the current generally accepted accounting principles (GAAP) will be replaced with IFRS […]

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