Three-quarters (74 per cent) of Canadians aged 24 to 44 say the conventional approach to retirement — halting work at age 65 to enjoy a life of leisure — is an outdated concept, according to a new survey by Leger on behalf of Wealthsimple. The survey, which polled more than 1,500 Canadians, found roughly 60 […]
The Colleges of Applied Arts and Technology pension plan saw a net return of 9.5 per cent for 2023, with net assets of $20.1 billion, up from $18.2 billion in 2022, according to its latest annual report. As of Jan. 1, 2024, the investment organization maintained a healthy funding level of 124 per cent on a going-concern […]
In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former Bank of Canada governor Stephen Poloz is being tasked to lead an organization that will identify priority investment opportunities in the country for the more than $3 trillion held by […]
In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s defined benefit pension plan sector. The regulatory body will review and enhance its supervisory framework to strengthen supervision of large public sector pension plans, ensuring its plan amendments and surplus […]
Two-fifths (41 per cent) of pet owners say they’d be willing to take a pay cut in order to work in a pet-friendly environment, according to a new survey by OnePoll on behalf of Vetster. The survey, which polled 1,800 employed pet owners, found 60 per cent were willing to seek new employment if their pet […]
The Caisse de dépôt et placement du Québec is reporting $53 billion in low-carbon assets, including $15 billion in Quebec, representing an overall increase of $35 billion in low-carbon assets since 2017, according to the investment organization’s latest sustainable investing report. It found the investment organization has more than $330 billion in assets with a […]
The Canada Pension Plan Investment Board is expanding the role of its wholly owned subsidiary Reventus Power as its dedicated global offshore wind platform. The investment organization will consolidate its existing direct and indirect offshore wind holdings into Reventus Power to build on the business’ existing global footprint and support the sector’s significant growth opportunities. To […]
Two-fifths (38 per cent) of Canadian employees say they spend too much time working and half (52 per cent) of these respondents say they work more than 40 hours per week, according to Telus Health’s latest mental-health index. The survey, which polled 3,000 employees, found the average mental-health score among Canadians in February was 63.2, […]
The majority (83 per cent) of U.S. employees in a remote working arrangement say they’d be encouraged to return to the office if their commute was paid by their employer, according to a new survey by software company Ringover. The survey, which polled more than 1,000 workers, found a majority of employees would also willingly […]
Just two-fifths (41 per cent) of global employers say they’ve attained full gender equity, according to a new survey by ManpowerGroup. The survey, which polled more than 40,000 employers in 42 countries, found 52 per cent reported pay equity initiatives are on schedule, while the remaining 48 per cent were behind or had no initiatives. […]