CIR news

Latest news in Canadian Investment Review News

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Value of Canadian equities marketplace drops 10% in 2023: report

The total value traded in Canada’s equities marketplace reached $4.2 trillion as at Dec. 31, 2023, a 10 per cent decline from the previous 12-month…

  • By: Staff
  • March 19, 2024 March 18, 2024
  • 09:00

Ontario Teachers’ backs Indian financial software company, invests in German logistics assets

The Ontario Teachers’ Pension Plan’s late-stage venture and growth investment arm is investing $80 million in India-based financial software company Perfios. The company serves the banking,…

  • By: Staff
  • March 15, 2024 March 14, 2024
  • 15:00

BCI appointing Chris Weitzel as senior managing director, fixed income and foreign exchange

The British Columbia Investment Management Corp. is appointing Chris Weitzel as senior managing director of its fixed income and foreign exchange team, effective March 11,…

  • By: Staff
  • March 15, 2024 March 15, 2024
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on how a shorter workweek can support higher levels of employee health and happiness was the most-read story on BenefitsCanada.com. Here are the…

  • By: Staff
  • March 15, 2024 March 14, 2024
  • 09:00
Caisse, CPPIB, Ontario Teachers’ invest in insurance company

BCI making key appointments to executive, private equity teams

The British Columbia Investment Management Corp. is making several appointments on its executive and private equity investment teams. The investment organization is appointing Rechelle Effendy…

  • By: Staff
  • March 12, 2024 March 11, 2024
  • 09:00
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CPPIB investing in U.S., Italian telecommunications operators

The Canada Pension Plan Investment Board is joining an investment group acquiring Italian telecommunications provider NetCo. The investment organization will acquire a 17.5 per cent stake…

  • By: Staff
  • March 8, 2024 March 8, 2024
  • 15:00
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CPPIB cuts 10% of staff in Hong Kong office: report

The Canada Pension Plan Investment Board is cutting roughly a dozen employees at its Hong Kong office, according to a report by Bloomberg. It said…

  • By: Staff
  • March 7, 2024 March 6, 2024
  • 11:00
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FSRA outlines risk model to avoid pension plan investment turmoil, risks

The Financial Services Regulatory Authority of Ontario is implementing a framework with core principals to help defined benefit pension plans avoid inappropriate risk-modelling strategies, said James…

Ontario Teachers’ making key appointments on investment team

The Ontario Teachers’ Pension Plan is making three key appointments to its executive team, effective immediately. Its appointing Bernard Grzinic as executive managing director of…

  • By: Staff
  • March 6, 2024 March 5, 2024
  • 15:00
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Kodak outsourcing US$1.6TN of pension assets to maximize overfunded status

Eastman Kodak Co. is disbanding a team that manages the firm’s US$1.6 trillion of pension investments and moving its management to Boston-based investment consulting firm…

  • By: Staff
  • March 6, 2024 March 5, 2024
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article detailing Ford of Canada’s transfer of $923 million in pension plan liabilities through a group annuity buyout was the most-read story on BenefitsCanada.com. Here…

  • By: Staff
  • March 1, 2024 February 29, 2024
  • 09:00
Caisse, CPPIB, Ontario Teachers’ invest in insurance company

Caisse sells 1.3% of shares in insurance firm, BCI buys ownership stake in Australian agriculture operator

The Caisse de dépôt et placement du Québec is selling 1.3 per cent of the issued and outstanding common shares it holds of insurance provider…

  • By: Staff
  • February 29, 2024 February 29, 2024
  • 15:00
Ontario DB pension solvency up again in third quarter: FSRA

OMERS returns 4.6% for 2023, driven by equities, fixed income

The Ontario Municipal Employees’ Retirement System returned 4.6 per cent in 2023, or $5.6 billion, in investment income in 2023, according to its latest year-end…

  • By: Staff
  • February 29, 2024 February 28, 2024
  • 09:00

Sounding Board: How pension IT risk management guidance will impact plan sponsors

Information technology risk has become a more prevalent concern in recent years, so it comes as no surprise that Canadian pension regulators are focused on…

OSFI launching consultation on climate change risks to pensions, financial institutions

Pension funds improving modestly on climate but more work to be done: report

Canada’s largest public pension funds are showing modest improvements on climate action but are moving too slowly overall, according to a new report by a…

AIMCo highlighting importance of workplace ERG support, community for Black History Month

To mark Black History Month, the Alberta Investment Management Corp. is giving employees a chance to reflect on the history of groups dedicated to the…

CAAT making key appointments on management team

The Colleges of Applied Arts and Technology pension plan is promoting Sabeen Purewall (pictured left) to vice-president of solutions and partnerships and Graham Stone (pictured…

  • By: Staff
  • February 23, 2024 February 23, 2024
  • 15:00
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How investment organizations’ DEI strategies are helping attract, support BIPOC talent

The issues that lay at the root of the social justice unrest of 2020 haven’t dissipated and four years later, many investment organizations are focusing…

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CPPIB returns 3.4% in Q3 2024, driven by global equity, fixed income assets

The Canada Pension Plan Investment Board earned 3.4 per cent during the third quarter of fiscal 2024, according to its latest quarterly report. By Dec.…

  • By: Staff
  • February 21, 2024 February 21, 2024
  • 10:00
OMERS’ portfolio company acquiring solar energy development platform

Caisse acquires 80% stake in Japanese solar power plant, AIMCo opens New York office

The Caisse de dépôt et placement du Québec is acquiring an 80 per cent stake in a Japanese solar power generation plant alongside its portfolio company…

  • By: Staff
  • February 16, 2024 February 14, 2024
  • 15:00
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Guardian Capital Group acquiring Sterling Capital

Guardian Capital Group Ltd. is acquiring U.S.-based asset manager Sterling Capital Management from Truist Financial Corp. The financial terms of the transaction include a payment…

  • By: Staff
  • February 15, 2024 February 15, 2024
  • 15:00

Competitive pension risk transfer costs declined from 101.8% to 100.5% in December: report

The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process decreased from 101.8 per cent of a plan’s accounting…

  • By: Staff
  • February 15, 2024 February 14, 2024
  • 09:00

Canadian pension funds make top 10 list for largest annualized 10-year returns: report

Three of Canada’s largest pension plans are among the top 10 pension funds that generated the largest compound annualized returns between 2013 and 2022, according…

  • By: Staff
  • February 14, 2024 February 14, 2024
  • 09:00
Canadian ESG-related investment assets surge to $3.2 trillion: report

91% of Canadian institutional investors say climate change is top ESG concern: survey

A majority (91 per cent) of Canadian institutional investors say climate change is a leading concern within the environmental, social and governance space, according to…

  • By: Staff
  • February 13, 2024 February 13, 2024
  • 15:00

Vestcor appointing Sean Hewitt as president, CEO

Vestcor Inc. is appointing Sean Hewitt as president and chief executive officer, effective mid-April. He’ll succeed John Sinclair, who announced his retirement last November after…

  • By: Staff
  • February 12, 2024 February 14, 2024
  • 15:00