An article on how employers can prepare their benefits plans amid U.S. tariffs 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. Expert panel: How employers can prepare their benefits plans, support employees amid U.S. tariff threat 2. […]
The British Columbia Investment Management Corp. is focusing on robust corporate governance, the protection of shareholder rights and effective oversight of environmental, social and governance risks and opportunities as part of its latest proxy voting guidelines. In a press release, Jennifer Coulson, senior managing director and global head of ESG at the BCI, said proxy […]
The Caisse de dépôt et placement du Québec is acquiring Innergex Renewable Energy Inc. in a deal worth roughly $10 billion. The transaction will see common shareholders receive $13.75 per share, which represents a 58 per cent premium from the company’s current share price. In a press release, Emmanuel Jaclot, executive vice-president and head of […]
Nova Scotia is increasing paid domestic violence leave from three to five days, effective April 1. The change aims to give employees more time to access essential medical, legal and social support services, according to a press release. Currently, employees with at least three months of service are eligible for up to 16 continuous weeks […]
Roughly one in three (36 per cent) single Canadians fear they’ll never be financially able to retire, according to a new survey by the Co-operators Group Ltd. The survey, which polled 1,500 employees, found nearly half (45 per cent) of single Canadians described saving for retirement as a near-impossible task. Indeed, two-fifths (40 per cent) […]
The aggregate funded percentage of all U.S. multi-employer defined benefit pension plans reached 97 per cent as at Dec. 31, 2024, an increase from 89 per cent a year prior, according to a new report from consulting firm Milliman Inc. The report, which analyzes the funded status of all U.S. multi-employer DB plans through their […]
The Caisse de dépôt et placement du Québec is reporting a 9.4 per cent investment return as at Dec. 31, 2024, pushing its total net assets to $473 billion. The positive investment result was credited to the performance of public equities (25.5 per cent), private equity (17.2 per cent), infrastructure (9.5 per cent) and fixed […]
The Ontario Municipal Employees’ Retirement System is reporting a return of 8.3 per cent as at Dec. 31, 2024. The investment organization surpassed its 7.5 per cent benchmark for 2024 by achieving $10.6 billion in investment returns during the year. Its net assets grew from $128.6 billion in 2023 to $138.2 billion at the end […]
Spain’s government is pushing through legislation that would reduce the normal workweek from 40 to 37.5 hours with no reduction in pay, according to a report by CTV News. If passed, the legislation, which was first proposed at the end of 2024, would take effect this year. The legislation would affect around 12 million workers, […]
The Caisse de dépôt et placement du Québec is selling 2.5 million shares in Intact Financial Corp. for a gross price of $278.60 per share. The transaction is expected to produce gross cash proceeds of roughly $696,500,000 from the offering. Overall, the deal represents 1.4 per cent of the issued and outstanding common shares in […]