The Canada Pension Plan Investment Board said it earned a net return of 5.4 per cent for its second quarter. The board said the increase helped bring its net assets to $777.5 billion on Sept. 30, up from $731.7 billion at the end of the previous quarter. The increase in net assets for the quarter […]
The Canada Pension Plan Investment Board says it earned a net return of one per cent for the first quarter of fiscal 2026. John Graham, chief executive officer of the investment organization, says shifting trade dynamics and broader geopolitical uncertainty fuelled renewed volatility in global markets during the quarter. Read: CPPIB returns 9.3% in latest fiscal […]
TD Bank Group says it’s moving to require employees be in the office four days a week. Staff at the associate vice-president level and above will be expected in the office four days a week starting Oct. 6, while non-executive colleagues will largely be required to start coming in more as of Nov. 3. Read: BMO […]
The Bank of Montreal says it’s moving towards having employees work four days in the office per week starting in the fall, joining some of its Bay Street peers. Spokesman John Fenton says by mid-September, BMO will expect employees in the office four days per week, where existing real estate capacity permits. He says BMO […]
The Canada Pension Plan Investment Board says it earned a net return of 9.3 per cent for its latest fiscal year. The board says the fund totalled $714.4 billion in net assets as at March 31, up from $632.3 billion a year earlier. The increase included $59.8 billion in net income and $22.3 billion in […]
The federal government has put together a $6.5-billion aid package and is making temporary changes to the employment insurance program to support Canadian businesses and workers through the trade war with the U.S. The government is building new flexibility into the employment insurance program to help businesses retain workers by reducing work hours. Read: How […]
Canadian asset owners representing about $53 billion in holdings say they’re disappointed that Canada’s financial institutions have left net-zero emissions initiatives and are calling for them to follow through on climate commitments. The 34 signatories to an open letter include the Trottier Family Foundation, the Canada Post Pension Plan, United Church of Canada and the […]
Finance Minister Chrystia Freeland says today’s fall economic statement will remove the cap that currently restricts Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity. Freeland says this will make it easier for Canadian pension funds, which have more than $3 trillion in assets, to make […]
Molson Coors Beverage Co. says it’s dropping its diversity, equity and inclusion policies and taking a “broader view” in which all employees know they’re welcome, but groups representing the LGBTQ2S+ community say the move is a step backward. An internal memo shared by the brewing company with the Canadian Press said Molson Coors’ DEI employee training is […]
The Nova Scotia government has tabled a bill that would significantly increase the amount of unpaid time off for employees who develop a serious illness or are severely hurt on the job. Labour Minister Jill Balser told reporters if the bill becomes law, workers will get up to 27 unpaid weeks off without fear they’ll […]