A rebound in public equities markets in the second quarter of 2025 has positively impacted retirement outcomes for capital accumulation plan members, according to a new report by Eckler Ltd. The consultancy’s latest CAP income tracker found a typical male member retiring at the end of June 2025 achieved a gross income replacement ratio of 65.9 per […]
The funded status of a typical defined benefit pension plan increased considerably on both a solvency basis and an accounting basis in the month of June, according to a new report from Telus Health. The solvency index increased to 103.7 per cent compared to 101.1 per cent at the end of May, while the accounting […]
The Caisse de dépôt et placement du Québec is buying a 49.9 per cent equity interest in Canadian wireless tower infrastructure operator Terrion LP for $1.26 billion. As part of the transaction, the investment organization is getting a stake in the firm and its general partner, Terrion GP Inc., from Telus Corp. Terrion is based […]
Quebec’s incoming regulatory framework for variable payment life annuities requires additional clarity around the potential for fluctuating payouts to plan members, said the Association of Canadian Pension Management. In a letter to the provincial government, the ACPM said while it isn’t suggesting additional regulatory measures to enhance clarity, it’s encouraging the government to issue clear […]
The average Canadian defined benefit pension plan posted a 1.6 per cent return during the second quarter of 2025, an increase from the 1.1 per cent return seen during the previous quarter, according to a new report by the Royal Bank of Canada Investor Services. The report attributed the quarterly returns to a strong enough […]
A global accounting standards organization is releasing a new reporting model for corporations looking to add climate-related consideration disclosures. The International Financial Reporting Standards Foundation released an early version of their new disclosure program designed to support timely and informed application of corporate sustainability with real life examples. Indeed, the new program is designed to […]
Almost half (46 per cent) of Canadian employers say they have a negative hiring outlook for the rest of 2025 — up from 38 per cent last year — as economic caution sets in, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled 500 Canadian […]
The Community Foundation of Prince Edward Island is selecting Vestcor Inc. as its investment manager. The CFPEI, which was first incorporated in 1993, oversees more than 200 community foundations in Canada representing several endowments, flow-through legacy and agency funds. Read: Vestcor returns 12.2% in 2024, net assets increase to $23.1BN According to its 2024 annual […]
More than two-fifths (44 per cent) of Canadian employees in a hybrid working arrangement say they’re taking fewer sick days, according to a new survey by International Workplace Group. The survey, which polled more than 1,000 Canadian employees working in a hybrid arrangement, found 71 per cent said they experienced fewer stress-related health issues and […]
The Canada Pension Plan Investment Board is selling its 49 per cent stake in Island Star Mall Developers Private Ltd. to Phoenix Mills Ltd. and its affiliates. The investment organization is expecting the net proceeds from the sale to reach nearly $871 million. The asset was established by the CPPIB and Phoenix Mills in 2017 […]