Canada’s Drug Agency is seeking feedback on a national bulk purchasing strategy for prescription drugs and related products. Under the federal Pharmacare Act, the CDA is convening a panel that will develop advice on a national bulk purchasing strategy and is inviting interested parties to provide input on the proposed advice, particularly on approaches that […]
The Public Service Superannuation Plan is reporting a one-year investment return of 7.03 per cent, which pushed its net investment income to $562 million during the fiscal year ending March 31, 2025. The investment performance beat the actuarial assumed rate of return of 6.50 per cent but didn’t clear its policy benchmark’s return of 9.21 […]
The Healthcare of Ontario Pension Plan is appointing Linda Halley as chief risk officer. Halley has been at the HOOPP for 24 years with different roles overseeing operational planning, financial reporting and accounting. Most recently, she was interim chief financial officer at the investment organization. She replaces departing risk leader Saskia Goedhart. Read: HOOPP appointing […]
Nearly half (47 per cent) of U.S. workers say they’ve thought about leaving their job because their employer’s actions didn’t reflect its stated values, according to a new survey by Resume Now. The survey, which polled 1,000 U.S. employees, found another 36 per cent said they stayed silent about unethical behaviour to protect themselves, while […]
The Alberta Investment Management Corp. is appointing Justin Lord as chief investment officer, effective immediately. Lord has been at the AIMCo since 2012 where he has experience overseeing public equities and fixed income teams. Most recently, he was promoted to senior executive managing director and global head of public markets following the departure of Marlene […]
The Caisse de dépôt et placement du Québec, the British Columbia Investment Management Corp. and the Ontario Teachers’ Pension Plan were given perfect marks for their governance, sustainability and resilience practices in a new report from Global SWF LLC. The report ranked 200 global institutional investors based on 25 elements split among governance (10 points), […]
A pension dashboard that consolidates all of an individual’s pension and retirement information using pre-populated data would make it significantly easier for Canadians to access and understand their retirement savings, according to a new report by the C.D. Howe Institute. “Canada’s current retirement landscape offers numerous savings vehicles, giving individuals more choices than in the […]
The Caisse de dépôt et placement du Québec is investing $200 million in Boralex as part of a financing deal completed alongside Fondaction. The investment partner will contribute $50 million to the unsecured subordinated loan transaction with a maturity date of June 27, 2033. The Caisse has been a significant shareholder in the renewable energy […]
An article on the impact of rising benefits costs 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. 73% of employers say rising benefits costs a top issue in 2025: survey 2. 50% of Canadian gen-Zers prefer roles […]
Canadian capital accumulation plan members are increasingly allocating their investments to target-date funds, according to a new report by Sun Life Financial Inc. The report analyzed 8,600 employer-sponsored CAPs in Sun Life’s database, representing 7,500 plan sponsors and 1.5 million plan members. It found two-fifths (42 per cent) of CAP members opted for TDFs, representing […]