CPP Investments is participating in a €400 million co-investment deal in French logistics firm Proudreed, alongside funds managed by alternative asset investor Blackstone Inc. The investment will grant the Canadian organization with a significant minority interest in the urban logistics platforms managed by Proudreed. “This investment gives us immediate scale in one of Europe’s most […]
Allowing increased retirement savings pooling and portability can help improve efficiency, as well as pension plan member retention and continuity, according to a policy recommendation letter from the Association of Canadian Pension Management. In a letter to the federal government, the ACPM suggested a model that enables and supports retirement arrangements organized around industry sectors, […]
An article on how employers can support employees with vision loss when they’re required to use technology for work was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: How employers can support employees with vision loss when using technology […]
The union representing roughly 820 workers at Grand River Transit in Ontario has ratified a new three-year collective agreement that includes benefits and wage gains. The agreement includes increasing coverage for eyeglasses from $450 to $550 and adding speech pathologists and osteopaths to the list of covered paramedical practitioners. In addition, while the benefits previously […]
Canadian institutional investors saw a median return of 0.52 per cent in the first quarter of 2026, according to a new report by CIBC Mellon. The BNY Canadian asset strategy view universe — which includes 63 Canadian corporate, public and university pension plans, as well as foundations and endowment funds representing $337 billion in assets […]
The University Pension Plan of Ontario is adding two new plan participants to its structure. Effective May 1, 2026, Southeastern Ontario Academic Medical Organization and Scarborough Charter Inter-Institutional Forum joined the UPP’s jointly sponsored defined benefit pension plan model. Read: Wilfrid Laurier, UOIT pension plans joining UPP “We are thrilled to welcome SEAMO and Scarborough […]
Oxford Properties, the real estate arm of the Ontario Municipal Employees’ Retirement System, is appointing Sara Queen as executive vice-president and head of the U.S., effective July 20, 2026. Based in New York, she’ll oversee the strategic leadership, performance and growth of Oxford’s U.S. business, which manages approximately US$19 billion in assets and accounts for […]
The Ontario Teachers’ Pension Plan is co-leading an investment partnership with Integrum Holdings LP and Lightyear Capital LLC in wealth management advisory firm Allworth Financial. The financial details of the transaction weren’t disclosed but a press release confirmed that Allworth’s management team will continue to lead the U.S.-based company, while the existing employee and advisor […]
More than half (57 per cent) of Canadian employees with a chronic condition have missed work, reduced hours or taken time off due to their condition, according to a new survey by Maple conducted with the Angus Reid Forum. The survey, which polled more than 1,520 Canadians living with or caring for someone with a […]
Employers are facing growing pressure on their benefits plans as financial stress shapes how employees access care, use coverage and experience health outcomes across life stages, according to a new report by Beneva Inc. It found mental illness alone is estimated to cost the Canadian economy $51 billion annually, while mental-health leaves cost employers twice […]