The Caisse de dépôt et placement du Québec and the Fonds de solidarité FTQ are providing equity to help Groupe Solmax Inc. acquire Houston-based GSE Environmental Inc. Groupe Solmax, a Canadian-based producer of polyethylene geomembranes for industrial and environmental applications, has purchased GSE Environmental, a geosynthetics manufacturer, from private equity firm Littlejohn & Co. and certain funds held by investment manager […]
From lack of sleep to post-traumatic stress disorders, employees are facing a range of challenges that can have an impact on their work. What are some of the causes of mental-health issues and how can employers recognize when an employee is having difficulties? At the 2017 Mental Health Summit in Vancouver on Dec. 5, experts […]
All of the articles from the event are available online in our special section: Mental Health Summit Vancouver. Looking for photos from other events? Check out our main photo gallery page. [nggallery id=59]
Caisse de depôt et placement du Québec is purchasing a $2.5 million stake in Glutenberg Holding Co. The investment is through the Caisse’s Fonds Espace CDPQ, which was set up in 2016 to help small- and medium-sized businesses in Quebec finance global expansion projects. Along with further loans totalling another $2.5 million from the Business Development Bank of Canada […]
Only 13 per cent of employers offer a paid week off between Christmas Day and New Year’s Day, according to a survey by the International Foundation of Employee Benefit Plans. The survey, which looked at the practices around workplace leave in the United States, found that providing Christmas Day and New Year’s Day as paid holidays is almost ubiquitous, […]
The private equity arm of the Ontario Municipal Employees Retirement System and Boston-based investment firm Berkshire Partners have agreed to sell Husky Injection Molding Systems Ltd. to funds overseen by Platinum Equity for $4.9 billion. Husky is an Ontario-based company whose primary business consists of manufacturing industrial technology for the plastics industry, particularly injecting molding applications. OMERS and Berkshire Partners bought the company in […]
At Benefits Canada headquarters, the holiday spirit has been high for a few weeks, beginning with a holiday lunch at the end of November, enthusiastic employees decking out their desks in a bid to win a decorating contest and a holiday baking exchange featuring a treat-laden table in the office. While there are a variety of ways employers […]
The Ontario Teachers’ Pension Plan is selling Australian data centre provider Metronode Group to Equinix Inc. for $1 billion. The pension fund initially bought a 70 per cent stake in Metronode in 2013 through its acquisition of the parent company, Nextgen Group Holdings, and increased its holding to 100 per cent in 2016. Since that time, Ontario Teachers’ […]
While total pension wealth rose for an eighth consecutive year in 2016, the wealth of employer-based pension plans increased at a much weaker pace than the previous year, according to Statistics Canada. Total pension wealth rose 3.8 per cent to $3.6 billion by the end of 2016, following a 5.1 per cent gain in 2015. The wealth of employer-based pension plans rose 3.5 per cent to […]
The Canada Pension Plan Investment Board is making an initial investment of $272 million as part of a joint venture focusing on investments and developments in Brazil’s power generation sector. The partnership, with Brazilian energy company Votorantim Energia, a subsidiary of the Votorantim Group, enables the CPPIB to “establish a footprint in the attractive Brazilian power […]