An article on virtual health-care findings in the 2022 Benefits Canada Healthcare Survey was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. 88% of benefits plan sponsors satisfied with virtual health-care offerings: BCHS 2. OTG Management using earned-wage access cards to help employees contend with […]
Canada’s institutional investors have reached an inflection point on Indigenous economic reconciliation, says Joseph Bastien, project manager of the Reconciliation and Responsible Investment Initiative. “There’s a greater awareness and acceptance among institutional investors that considering these issues as an opportunity and a responsibility is important. . . . Now, we’re no longer telling them about […]
The Alberta Investment Management Corp. is opening a new Calgary satellite office as part of a strategy to better capture investment opportunities within its home province. “Our decision to establish a formal presence in Calgary provides AIMCo a truly pan-Alberta footprint from which to further drive efficiencies in Alberta-based investment opportunities, enabling us to continue […]
The Caisse de dépôt et placement du Québec is entering a strategic partnership to develop affordable housing in France. The investment organization’s real estate arm, Ivanhoé Cambridge, has signed a partnership agreement with CDC Habitat, a subsidiary of the French sovereign investment fund Caisse des dépôts et consignations. The partnership will develop houses in France’s […]
The Ontario Teachers’ Pension Plan is opening an office in Mumbai, India, which will be headed up by Deepak Dara, currently chief of staff to the pension fund’s chief investment officer. According to a press release, the Ontario Teachers’ expects the new office to help source investments, nurture long-term partnerships and attract local talent. It […]
Six of the leading Canadian pension asset managers are sharing details of their energy transition strategies in a new report by the Investor Leadership Network. The report, which highlights the complexity of climate transition investing, received contributions from the Alberta Investment Management Corp., the Caisse de dépôt et placement du Québec, the Canada Pension Plan […]
A survey on employee attitudes towards remote working was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Survey finds 78% of Canadian employees prefer working from home 2. 84% of stressed Canadian employees saving less than 5% of their pay: survey 3. ‘Quiet quitting’ a rallying […]
The Healthcare of Ontario Pension Plan’s subsidiary HOOPP Realty Inc. is selling a portfolio of industrial properties to a real estate investment trust. Under the terms of the deal, Skyline Industrial REIT1 will take ownership of four business parks located in the suburbs of Calgary and Edmonton for $309.25 million. The portfolio, which is more […]
Why should defined benefit pension plans invest in Canadian equity markets at all? It’s a question many DB plan sponsors began asking themselves in the mid-1990s. At that time, the federal government removed foreign content limitations on pension plans and again, later, when it made similar changes for individual registered retirement savings plans. These regulatory […]
In response to the growing role of environmental, social and governance factors in the Ontario Municipal Employees’ Retirement System’s investing strategy, its private equity arm, OMERS Private Equity, is appointing Helen Rattee as its first managing director of ESG and portfolio thematics. In the role, she’ll manage the organization’s ESG program in a manner that mitigates […]