Home Staff

CPPIB investing $1 billion in Korea data centres, Ontario Teachers’ buys Paris-based logistics portfolio

The Canada Pension Plan Investment Board is investing $1 billion in Korea-based data centres through its joint venture with the Pacific Asset Management Co. “The demand for data centres in [the Asia-Pacific region] has been on the rise, driven by the continued need for cloud computing and the increasing global adoption of artificial intelligence,” said […]

  • November 29, 2024 November 29, 2024
  • 14:00

Canadian pension income adding $24.5BN to federal coffers in 2025: report

Workplace pension income will add $24.5 billion to federal coffers and $16.8 billion to the provinces in 2025, according to a new report by the Canadian Centre for Policy Alternatives. It found pension income for seniors across Canada is adding $16.9 billion in additional income tax revenue and $2.3 billion in commodity tax revenue, while […]

  • November 29, 2024 November 28, 2024
  • 09:00

Average funded status of Ontario DB pension plans at 121% in Q3 2024: report

The average funded position of defined benefit pension plans in Ontario was 121 per cent in the third quarter of 2024, down just two per cent from the previous quarter, according to a new report by the Financial Services Regulatory Authority of Ontario. It attributed this decrease to a drop in discount rates from the previous […]

  • November 28, 2024 November 27, 2024
  • 09:00

Caisse appointing Sharon White as managing director, head of Europe

The Caisse de dépôt et placement du Québec is appointing Sharon White as managing director and head of Europe, effective Jan. 27, 2025. In her new role, White will work closely with asset class leaders based in Europe and Montreal to contribute towards the vision and strategy of the Caisse, according to a press release. […]

  • November 27, 2024 November 26, 2024
  • 15:00

More clarity, flexibility needed in solvency reserve accounts for federally regulated DB pension plans: ACPM

An amendment to the federal Pension Benefit Standards Regulations that would establish solvency reserve accounts for federally regulated defined benefit pension plans requires additional clarity and flexibility for plan sponsors, said the Association of Canadian Pension Management. In an open letter to the Department of Finance, the organization said that the establishment of a solvency […]

  • November 27, 2024 November 26, 2024
  • 09:00

BCFSA appointing Tolga Yalkin as CEO, CSO

The British Columbia Financial Services Authority is appointing Tolga Yalkin as chief executive officer and chief statutory officer, effective Jan. 13, 2025. Yalkin succeeds Blair Morrison and will join the BCFSA from his current role leading the regulatory agenda at the Office of the Superintendent of Financial Institutions. Read more People Watch news. “We are thrilled to welcome Tolga […]

  • November 26, 2024 November 27, 2024
  • 15:00

Canadian institutional investors’ responsible investments reach $4.5 trillion: report

Responsible investments account for 71 per cent of the total assets under management by Canadian institutional investors, according to a new report from the Responsible Investment Association. The report, which is based on a survey of Canadian institutional asset managers and asset owners completed between May and July 2024, found the total assets attributable to […]

  • November 26, 2024 November 26, 2024
  • 09:00

Canadian fixed income yields de-coupling from U.S. market performance: report

Canadian fixed income yields are de-coupling from a sharp rise seen in the U.S. market, according to a new report from FTSE Russell. Despite a target interest rate cut of 50 basis points to 3.75 per cent from the Bank of Canada at the end of October, the market witnessed higher Canadian yields in October […]

  • November 25, 2024 November 25, 2024
  • 15:00

Young Canadian employees continue to have lowest level of well-being: report

Canadians employees aged 20 to 29 continue to have the lowest general well-being, with a score of 46.3 out of 100, according to a new report by Dialogue Health Technologies Inc. The report, which analyzes data across five dimensions of well-being — including mood, stress, sleep, activeness and sense of purpose — found Canadians’ average well-being has […]

  • November 25, 2024 November 25, 2024
  • 15:00

Physically active employees lose 10 fewer days of productivity annually: survey

Physically active workers in Canada lose 10 fewer workdays of productivity annually than their sedentary counterparts, according to Telus Health’s latest mental-health index. The survey, which polled 3,000 employees, found workers dissatisfied with their physical health scored 22 points lower in mental health and lost 21 more days of productivity annually than satisfied counterparts. The […]

  • November 21, 2024 November 20, 2024
  • 09:00