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Keyword: Mergers

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Ellement Consulting Group is merging with AQ Group Solutions to create an enhanced offering in the Canadian employee benefits market. The merger will combine AQ Group Solutions’ customer service, group benefits and retirement solutions with Ellement’ actuarial consulting experience. It will be operated under the Ellement brand. Laura Lomow, president of AQ Solutions, will become a partner […]

  • By: Staff
  • April 11, 2019 January 10, 2021
  • 09:15
Great-West Life, London Life, Canada Life to combine into one company

Great-West Lifeco Inc. is merging three of its insurance brands, combining Great-West Life Assurance Co. and its two subsidiaries, London Life and Canada Life. The new company, which will go by Canada Life, will consolidate an aggregate 13 million Canadian customers. “Today marks the beginning of a new and exciting chapter for our companies in […]

  • By: Staff
  • April 3, 2019 January 10, 2021
  • 14:00

Hub International Ltd. has acquired the assets of employee benefits and commercial insurance firm Integrated Risk Solutions Inc. Based in Waukesha, Wis., Integrated Risk specializes in employee benefits, risk management consulting, commercial insurance, loss control engineering and claims management. It has advised on compliance and risk management issues for clients in the construction, manufacturing, transportation, hospitality, […]

  • By: Staff
  • March 4, 2019 December 3, 2020
  • 15:05

Postmedia Network Inc. has entered an agreement to merge its pension plans with the Colleges of Applied Arts and Technology pension plan. The merger of the Postmedia plans will be effective July 1, 2019, subject to approvals by the CAAT’s board of trustees and sponsors’ committee, as well as approval from Postmedia’s plan members and the Financial Services […]

City of York pension plan merging with OMERS

The Corporation of the City of York employee pension plan is merging with the Ontario Municipal Employees Retirement System. The City of York plan is one of five defined benefit plans sponsored by the City of Toronto. It covers 83 retired members and 79 survivor pensioners. Its latest valuation showed that, as of Dec. 31, 2017, it had […]

  • By: Staff
  • January 11, 2019 September 13, 2019
  • 09:15

The Alberta Investment Management Corp., the British Columbia Investment Management Corp. and the Public Sector Investment Board have closed a previously announced plan to conglomerate their long-term timber investments. Originally announced in August 2018, the agreement affiliates timber investments TimberWest Forest Corp. and Island Timberlands Ltd. Partnership. Moving forward, the two organizations will continue as standalone companies, but share facilities […]

  • By: Staff
  • November 2, 2018 January 13, 2021
  • 10:08
Sun Life forms partnership with digital HR platform Rise People

Sun Life Financial Canada is forming a strategic relationship with Rise People Inc. The partnership includes a $15-million equity investment in the digital human resources company with an option to invest an additional $9 million. “We know first hand how complex the group benefits and HR administration process can be,” said Dave Jones, senior vice-president of group benefits […]

  • By: Staff
  • October 19, 2018 September 13, 2019
  • 10:34
The Leslie Group partners with Collage to manage benefits, HR

Employee benefits consulting firm the Leslie Group is entering into a non-exclusive partnership with Collage Technologies Inc., a platform that helps manage benefits, human resources and payroll. The partnership will allow the Leslie Group to simplify administrative duties, improve compliance and eliminate redundancies, as well as offering it more insights into data that will help […]

  • By: Staff
  • October 16, 2018 September 13, 2019
  • 09:00
Members of Torstar’s eight DB pension plans agree to join CAAT

Members of Torstar Corp.’s eight defined benefit pension plans have agreed to merge with the Colleges of Applied Arts and Technology pension plan. Starting Oct. 1, 2018, the plans will be part of CAAT, pending the consent of the superintendent of the Financial Services Commission of Ontario. Once approved, the Torstar plan members will start accruing benefits under […]

  • By: Staff
  • September 28, 2018 September 13, 2019
  • 13:26
Buck Consultants relaunched as Conduent completes sale of consulting business

Conduent Inc. has completed the sale of its human resources consulting business to a fund managed by private equity investment firm H.I.G. Capital. The business, which was formerly known as Buck Consultants, has relaunched under that name. It will offer global integrated HR consulting, benefits administration and technology services. The deal, as reported in May 2018, included the […]

  • By: Staff
  • August 13, 2018 September 13, 2019
  • 16:00