Vestcor Inc. is the target of a class action lawsuit alleging a specific transaction ended up costing a group of Canadian investors significant financial losses. “Our legal team is currently evaluating the merits of the lawsuit; the claims have not been tested in court,” the investment organization said in a statement. “We have confidence in […]
The University Pension Plan is managing material climate risks by considering prospective investments through a climate-related impact lens, according to a new report by the investment organization. In its latest climate action plan, the UPP reemphasized its commitment to net-zero portfolio emissions by 2040 and to allocate at least $1.2 billion to climate solution investments […]
Only a quarter of global employees felt appreciated at work in 2025, according to a new report from the Achievers Workforce Institute. The survey, which polled roughly 2,500 employees and 1,500 human resources professionals across eight countries, found only 25 per cent of workers saw a long career with their employer and 34 per cent […]
Despite growing awareness of reproductive health, two-thirds (67 per cent) of global employees who have experienced fertility challenges say their workplaces don’t offer support for employees undergoing fertility treatment, according to a new survey by Fertility Matters. The survey — which polled more than 3,600 employees in Australia, France, Japan, Poland and the U.K. — […]
Canadian institutional investors are standing by environmental, social and governance integration despite pushback from other countries, according to a new report by the Responsible Investment Association. Indeed, almost all (96 per cent) respondents said they use ESG integration in a way that covers 87 per cent of their entire assets under management. About seven in […]
A joint venture co-owned by the Canada Pension Plan Investment Board and IndoSpace is acquiring six industrial and logistics parks in India for roughly $471 million. The investment organization is providing $217 million to fund the transaction by IndoSpace Core, which the CPPIB owns a 93 per cent stake in. Structural growth, driven by urbanization […]
An article on the legal considerations for employers requiring cross-border travel was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. What are the legal considerations for Canadian employers requiring cross-border travel in the Trump era? 2. Financial Literacy […]
Evan Siddall, the former chief executive officer of the Alberta Investment Management Corp., has been appointed vice-chair capital markets division at the Bank of Montreal, according to a report by the Financial Post. It noted Siddall will guide the bank’s industry coverage teams across geographies in an advisory capacity. Read: Leadership changes at the AIMCo […]
More than half of generation Z employees are coaching older colleagues on artificial intelligence, driving cross-generational collaboration and unlocking nearly a full extra day of productivity per week, according to a new report from the International Workplace Group. The survey, which polled more than 1,000 Canadian professionals, found 75 per cent of workers have experimented […]
About eight in 10 (79 per cent) U.S.-based institutional investors expect to see a market correction in 2026, according to a new survey by Natixis Investment Managers. These investors gave a 49 per cent probability of taking in a market correction valued between 10 per cent and 20 per cent, with a 20 per cent […]