Canadian Investment Review Experts

Sebastien Betermier

Dr. Sebastien Betermier is an Associate Professor of Finance at McGill University’s Desautels Faculty of Management, and the Executive Director of the International Centre for Pension Management (ICPM).

These are the views of the author and not necessarily those of ICPM and the Canadian Investment Review.

Driven by the net-zero pledge towards green investments, institutional investors are finding themselves uncomfortably wedged between a rock and a hard place. If they invest exclusively in green assets and earn lower returns than the broader stock market benchmark, as was the case in 2023 for environmental, social and governance funds, they’re criticized for underperforming. […]

  • June 4, 2024 June 3, 2024
  • 09:00

Retiring baby boomers are in an era of decumulation anxiety, as they convert their pension assets into income that they fear won’t hold up over the entirety of their retirement. The decumulation problem is complex for defined contribution pension plan sponsors because it involves transferring lump sum pension assets to retirees who may lack investment […]

  • March 5, 2024 March 4, 2024
  • 09:00

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George Athanassakos

Expert panel: How institutional investors are adapting to a post-pandemic global economy

Renowned American businessman and investor Charlie Munger once said, “You have to keep learning if you want to become a great investor. When the world…

  • April 23, 2024 April 22, 2024
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Expert panel: Defining risk depends on investing horizon

What’s the right definition of risk in financial markets? Finding the answer to this question has become even more important because the number of retail…

  • March 7, 2023 March 7, 2023
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Do cryptocurrencies have a place for value-oriented investors?

What’s the value of Bitcoin? Or better, what makes it valuable? Is it because many people think it’s valuable? Is it valuable because it’s cool…

  • April 7, 2022 April 6, 2022
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Rising interest rates, value investing, war in Europe: key questions answered

It’s a chaotic time for institutional investors. Between rising inflation and interest rates, war in Europe and an ongoing global pandemic, stock market volatility is…

  • April 5, 2022 April 6, 2022
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Tom Milne

Expert panel: HR trends to keep an eye on in 2022

As 2021 winds down, I have a few predictions of the human resources trends for employers to keep top of mind in 2022. Employers finding…

  • December 23, 2021 December 9, 2021
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Expert panel: Use words, imagery for inclusive employee communications

Words and imagery have the power to connect, evoke emotion and elicit a reaction. They also have the power to be inclusive, or exclusive, and…

  • June 22, 2021 October 25, 2021
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How to communicate the value of a benefits plan to employees

It’s often said perception is reality and that’s definitely true when it comes to benefits plans. If employees can’t easily perceive the value in their…

  • March 9, 2021 March 22, 2021
  • 09:00

Connect to employees through the clutter with short, digital communications

How long is your attention span? Be honest and think back to the last time you received an email about your employee benefits and didn’t…

  • September 1, 2020 November 12, 2020
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Thomas Agnew

Constructive dismissal and the corresponding duty to mitigate damages

In a recent case, the Ontario Superior Court found an employee failed to mitigate damages when he refused a return-to-work offer from his employer, with whom he…

  • June 4, 2019 September 13, 2019
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A summary of Ontario’s changing employment and labour legislation

Many of the changes that were introduced to Ontario’s Employment Standards Act in January 2018 were short-lived, as the province’s new government elected in June…

  • February 19, 2019 September 13, 2019
  • 08:00

Employer obligations around medical pot, benefits plans

With the legalization of recreational cannabis on Oct. 17, 2018, employers have been preparing to answer questions about whether their current benefits plans should provide…

  • December 4, 2018 September 13, 2019
  • 09:00

Court confirms employer’s right to change job conditions

In a recent decision, the Ontario Superior Court of Justice found an employer didn’t constructively dismiss a long-service employee when it provided her with 18 months…

  • May 15, 2018 September 13, 2019
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Louis Gagnon

Consider health benefits, workplace policies as legal cannabis approaches

On Oct. 17, 2018, it will be legal to purchase and consume recreational cannabis in Canada. In a recent survey of Mercer’s employer clients and Canadian employees, we found…

  • August 21, 2018 September 13, 2019
  • 08:30

Creating a thriving workplace with data, personalized employee benefits

Some organizations are unique. Their employees are genuinely excited to be at work and an undercurrent of energy and vitality permeates the air. They’ve transformed the…

  • May 29, 2018 September 13, 2019
  • 10:00

Time to get to work on measuring absenteeism due to mental health

While many Canadian organizations continue to search for solutions to rising health-care costs, most are falling short. That’s why they must investigate any opportunity to find…

  • February 6, 2018 September 13, 2019
  • 08:00

Four ideas to mitigate challenges of Canada’s retirement savings gap

Macroeconomic trends such as longer lives, a lack of access to pensions and retirement supports, a low-growth environment, and persistent lack of financial literacy and…

  • November 1, 2017 September 13, 2019
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Canadian Investment Review Experts

Sebastien Betermier

Expert panel: How transition investments can help institutional investors reach net zero

Driven by the net-zero pledge towards green investments, institutional investors are finding themselves uncomfortably wedged between a rock and a hard place. If they invest…

  • June 4, 2024 June 3, 2024
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Expert panel: How DC plan members can hedge longevity risk for more effective decumulation

Retiring baby boomers are in an era of decumulation anxiety, as they convert their pension assets into income that they fear won’t hold up over…

  • March 5, 2024 March 4, 2024
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Gavin Benjamin

Expert panel: New research brings mortality improvement into spotlight for pension plan sponsors

One of the many consequences of the coronavirus pandemic was an unprecedented interest in the life expectancy of Canadians. While the increased focus on life…

  • May 28, 2024 May 27, 2024
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Expert panel: What does 2024 hold in store for the pension industry?

With the arrival of the new year, there are three topics that will be important for pension plan sponsors, members and other industry stakeholders in…

  • January 4, 2024 January 3, 2024
  • 09:00

Expert panel: How interest rates impact DB pension plans

Interest rate levels are critically important to the financial health of defined benefit pension plans. Many DB plans are in their best financial positions in…

  • December 7, 2023 December 6, 2023
  • 09:00

Expert panel: How DB pension plan sponsors can use surplus

In 2022, the typical defined benefit pension plan achieved an investment return of roughly negative 12 per cent. However, due to dramatic increases in bond…

  • May 16, 2023 May 16, 2023
  • 09:00
Canadian Investment Review Experts

Andrew Spence

Expert panel: Cessation of real return bonds increases risk profile for Canadian pension fund model

The recent pressure put on Canadian pensions plans from private managers and governments to re-discover an investment home bias has been met with little enthusiasm,…

  • May 9, 2024 May 9, 2024
  • 09:00

Inflation To Hit 3%: Spence Argues

Severe inflation is on the horizon and plan sponsors should be prepared.

  • March 16, 2010 February 5, 2021
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Canadian Investment Review Experts

Les Marton

Expert panel: Have hedge funds budged on hurdle rates?

Even though it has been two years since the U.S. Federal Reserve started rapidly hiking interest rates, hedge fund managers aren’t more likely to have…

  • April 30, 2024 April 29, 2024
  • 11:00

Equity market turmoil and the active investment debate

It should come as no surprise that asset owner sentiment is currently dominated by late-cycle tensions. Among pension plans and other institutional investors, this has…

  • December 19, 2018 January 12, 2021
  • 08:04
Benefits Canada Experts

Kim Siddall

Expert panel: How employers can support neurodiverse workers through benefits, workplace policies

Canadian employers have taken important steps forward on a range of diversity, equity and inclusion matters. That work continues, particularly in the context of neurodiversity,…

  • April 12, 2024 April 11, 2024
  • 09:00

Expert panel: How employers can support a multigenerational workforce

Between 2000 and 2022, the average retirement age among Canadians climbed from 61.6 to 64.6, the highest it’s been since 1982, according to data from…

  • December 18, 2023 March 27, 2024
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Expert panel: How employers can align their benefits plan and DEI strategy

The documentation of formal diversity, equity and inclusion policies and approaches is one of the most significant changes to the Canadian workplace over the last…

  • November 7, 2023 November 6, 2023
  • 09:00

Expert panel: How hybrid, remote working can impact employee health, disability management

The majority (88 per cent) of Canadians employees say the coronavirus pandemic changed how they work in one or more ways, a percentage that increases…

  • July 19, 2023 July 18, 2023
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Katharine Coons

Expert Panel: Why it’s important for employees to take time to recharge

Taking a break is always a good idea for employees, whether it’s a mid-morning stretch, a walk around the block, a lunch break in the…

  • April 10, 2024 April 9, 2024
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Expert panel: Employers taking preventative, holistic approach to employee mental health in 2024

Workplace wellness and employee mental health are popular topics of discussion and top priorities for organizations across Canada — and that conversation will continue in…

  • January 8, 2024 January 5, 2024
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Expert panel: How storytelling can support employee mental health

Storytelling is a fundamental part of being human. It’s how information, culture and ways of living are passed down to the next generation. It’s also…

  • May 2, 2023 May 1, 2023
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Expert panel: How employers can support employee mental health in 2023

The coronavirus pandemic put mental health squarely on employers’ agendas and this focus on employee well-being is even more important as some organizations return to…

  • January 3, 2023 January 3, 2023
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Canadian Investment Review Experts

Sam Goodman

Expert Panel: CPPIB taking steps to face shifting investment landscape in China

The decision by the Canada Pension Plan Investment Board this month to reduce 10 per cent of its China equity team based in Hong Kong…

  • March 28, 2024 March 27, 2024
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Expert panel: China’s ESG mask slips

Reports that a leading asset manager is delaying the launch of a Chinese bond fund indefinitely are a clear sign that the facade around Chinese…

  • November 24, 2022 November 24, 2022
  • 12:30

Sounding board: Institutional investors making Canada’s approach to China unsustainable

With the repatriation of Canadians Michael Kovrig and Michael Spavor following their three-year incarceration in China, relations between Ottawa and Beijing are to be reset.…

  • October 12, 2021 October 25, 2021
  • 09:00

ESG investing and human rights: “Ignorance is no longer an excuse”

It’s a welcome development that so many pension fund managers are increasingly preoccupied with the ethical implications of their investments and incorporating data to ensure…

  • July 6, 2021 July 21, 2021
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Matthew Pavelich

Expert panel: How plan sponsors are navigating benefits costs, innovations in 2024

With 2024 well underway, it’s important for employers to adapt their strategies in the ever-evolving landscape of employee benefits. Employee expectations continue to evolve and…

  • March 13, 2024 March 12, 2024
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Benefits Canada Experts

Susan G. Seller

Expert panel: Risk management, target-benefit framework among themes shaping pension industry in 2024

While it’s impossible to predict exactly how pension case law will evolve in future, one can offer an educated guess at some legislative developments and…

  • January 16, 2024 January 15, 2024
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Expert panel: Air Canada decision illustrates danger of relying on pension plan terms in wrongful dismissal actions

A recent court decision in Ontario illustrates the potential danger for employers that attempt to rely on pension plan terms to refute claims for pension-related…

  • February 28, 2023 February 27, 2023
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Expert panel: An update on regulatory oversight of pension risk management

In January, the Canadian Association of Pension Supervisory Authorities established a new committee with a mandate to develop a risk management guidance. In the CAPSA’s…

  • December 13, 2022 December 12, 2022
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Expert panel: Is risk management the new frontier in pension governance?

The importance of risk management isn’t new for the majority of defined benefit pension plan sponsors and administrators. The impact of long-term interest rates, market…

  • June 7, 2022 June 6, 2022
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Benefits Canada Experts

Wendy Cukier

Expert panel: How employers can support transgender, gender non-conforming employees

Canada’s most recent census found there are 59,460 Canadians aged 15 or older who identify as transgender and 41,355 who identified as non-binary. However, these individuals…

  • September 28, 2023 September 27, 2023
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Expert panel: How portable benefits can support inclusivity among gig workers

The concept of employee benefits was established on a foundation built decades ago, when employees worked full time and long term with one employer. Those…

  • July 6, 2023 July 5, 2023
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Expert panel: Employers embracing DEI to overcome labour shortages in 2023

Amid an ongoing labour shortage, employers of all sizes and sectors are increasingly embracing diversity, equity and inclusion. A recent Statistics Canada report found, as…

  • January 4, 2023 January 3, 2023
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Expert panel: How employers, employees can mitigate workplace microaggressions

Microaggressions — everyone has heard them or may have even used them. Defined as everyday verbal and behavioural slights against a person or group that…

  • October 4, 2022 October 3, 2022
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Benefits Canada Experts

Serafina Morgia

Expert panel: How employers can combat ageism in the workplace

Diversity, equity, and inclusion are esteemed values held by many employers and are table stakes in the value proposition for employees and customers. However, in…

  • July 25, 2023 July 21, 2023
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Expert panel: How to connect with employees in a remote world

In Canada, the coronavirus pandemic is entering a new phase — vaccines are widely available, travel restrictions are gradually lifting and people are returning to…

  • November 23, 2021 November 23, 2021
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Planning for the new post-pandemic normal

For most Canadians, it’s been well over a year since most of the country went into its first lockdown due to the coronavirus pandemic. I…

  • May 18, 2021 June 1, 2021
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Benefits Canada Experts

Sara Tatelman

Expert panel: What does Canadian pension legislation say about polyamory?

In December 2022, the Supreme Court of Justice of Colombia released an unexpected decision: two men, who had been in a polyamorous relationship with a…

  • May 10, 2023 May 9, 2023
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Expert panel: What does it mean for pension plan members to live separate and apart?

While pension plan administrators know about their plan members’ employment history and salaries, they may not expect to learn much about their personal lives, including how…

  • December 6, 2022 December 5, 2022
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Expert panel: How employers can design health benefits, retirement plans for gig workers

Whether they’re delivering takeout, chauffeuring passengers, or fixing leaky sinks, most gig workers in Canada don’t get benefits. Classified as independent contractors rather than employees,…

  • May 24, 2022 May 26, 2022
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Benefits Canada Experts

Mary Picard

Expert panel: Can pension administrators deny benefits to plan members who don’t submit proof-of-life forms?

In August, the Canadian Broadcasting Corp. reported that the U.K. Department for Works and Pensions cut off state pension payments to several expatriate pensioners living…

  • November 22, 2022 November 22, 2022
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Expert panel: How ESG-focused TDFs could impact workplace CAPs

With the increased focus on integrating environmental, social and governance factors into pension plans, a new approach by BlackRock Inc. could have a significant impact on…

  • July 12, 2022 July 11, 2022
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Expert panel: Why employers should offer group TFSAs in 2022

At the start of every new year, many employees resolve to improve their fitness — emotionally, financially and/or physically. One pretty easy way that employers…

  • January 18, 2022 January 18, 2022
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Jaqui Parchment

Expert panel: How employers can support workers amid rising inflation

The modern economy is highly uncertain, with inflation and rising interest rates cutting into bottom lines everywhere. Employers are nervous as the cost of capital…

  • September 13, 2022 September 12, 2022
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Investing in low-carbon economy will pay off for pension plans

We are now in Month 14 of the coronavirus pandemic. For institutional investors like pension plans, this pandemic and its consequences highlight the reality of…

  • April 27, 2021 April 30, 2021
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Canadian Investment Review Experts

Laura McGrath

Expert panel: A checklist for a credible climate plan

Pension plan sponsors can’t ignore the financial risks of climate change or respond to them with half-baked approaches that allow companies to continue pumping out pollution.…

  • June 9, 2022 June 10, 2022
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Benefits Canada Experts

Rayaz Khan

Expert panel: Publicity placing employees in false light could lead to legal issues

The possible legal ramifications of publicity placing a current or past employee in a false light is an issue employers should keep in mind in…

  • January 11, 2022 January 21, 2022
  • 09:00

The ins and outs of the Canada Emergency Wage Subsidy one year on

On the heels of the World Health Organization declaring the novel coronavirus a global pandemic on March 11, 2020, Canada’s federal government rolled out several…

  • March 30, 2021 April 6, 2021
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Uber case about arbitration clause, not classification of employees

In June, the Supreme Court of Canada released its decision in Uber Technologies Inc. v Heller, dismissing an appeal of a decision by the Ontario…

  • September 8, 2020 November 30, 2020
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A legal update on the government’s CEWS and CERB programs

The COVID-19 pandemic has created many complicated issues for employers. Prudent employers should ensure they’re aware of the resources that may be available during this…

  • April 14, 2020 November 11, 2020
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