TTC Pension Plan appointing Heather Wolfe as CEO
The Toronto Transit Commission Pension Plan is appointing Heather Wolfe as its new chief executive officer, effective March 3, 2025. She succeeds acting CEO James…
Latest news in DB
FSRA monitoring target-benefit framework, pension risks in 2025
The Financial Services Regulatory Authority of Ontario is closely monitoring administrative risk and pension plan sponsors’ geopolitical concerns in 2025, says Andrew Fung, the organization’s…
- By: Bryan McGovern
- January 2, 2025 January 2, 2025
- 11:00
CSSB releases financial reporting, climate disclosure guidelines
The Canadian Sustainability Standards Board has released its sustainability disclosure standards that align with global sustainability disclosure guidelines, while addressing specific Canadian circumstances. The framework…
- By: Staff
- January 2, 2025 December 19, 2024
- 09:00
Top 10 HR, benefits, pension and investment stories of 2024
From the unlocking of pension benefits in Nova Scotia to new pay transparency rules in Ontario, stories about pension and employment legislation caught the eyes…
- By: Staff
- December 23, 2024 December 19, 2024
- 09:00
OPTrust reduces financed emissions intensity by 11% compared to 2022: report
The OPSEU Pension Trust has reduced its financed emissions intensity by 11 per cent when compared to 2022, according to the investment organization’s latest climate…
- By: Staff
- December 20, 2024 December 19, 2024
- 15:00
Top 5 HR, benefits, pension and investment stories of the week
An article on the federal government’s decision to transfer a $1.9 billion public pension surplus to general revenue was the most-read story on BenefitsCanada.com this…
- By: Staff
- December 20, 2024 December 19, 2024
- 09:00
Caisse investing $335M in U.S. real estate manager, Ontario Teachers’ leading US$100M funding of mineral exploration firm
The Caisse de dépôt et placement du Québec is investing $335 million in TerraPact, a U.S.-based firm that owns and operates ground leases and rights of…
- By: Staff
- December 19, 2024 December 20, 2024
- 11:00
Expert panel: Building a more effective pension system for Canada’s private sector workers
According to Statistics Canada, 80 per cent of Canadian public sector workers benefit from a respectable, life-long pension. However, for many private sector employees the…
- By: Sebastien Betermier
- December 19, 2024 December 20, 2024
- 11:00
Ottawa to remove 30% investment cap for Canadian pension funds
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…
- By: The Canadian Press
- December 13, 2024 December 16, 2024
- 14:30
Top 5 HR, benefits, pension and investment stories of the week
An article about the National Institute on Ageing’s report on missing pension plan members was the most-read story on BenefitsCanada.com this past week. Here are the…
- By: Staff
- December 13, 2024 December 12, 2024
- 09:00
Head to head: Should Canadian pension funds be incentivized to invest domestically?
While both experts point to the obligation of the pension promise, one argues that many pension funds are already overweight in Canadian allocations, while the…
- By: Benefits Canada
- December 13, 2024 December 12, 2024
- 08:58
Making sustainable investments count at five New York City pension funds
Brad Lander is advocating for public pension funds to enforce their responsible investment mandates even if that pits them against their partners. As New York…
- By: Bryan McGovern
- December 13, 2024 December 12, 2024
- 08:55
OMERS facing first governance review in more than 10 years
An independent review of the Ontario Municipal Employees’ Retirement System will examine the unique governance structure of the investment organization. The current structure of the…
- By: Bryan McGovern
- December 12, 2024 December 12, 2024
- 11:00
CPPIB selling stake in European real estate joint venture, OMERS buying majority stake in U.S. IT company
The Canada Pension Plan Investment Board is selling a portion of its stake in a real estate joint venture to its partner Unibail-Rodamco-Westfield SE. The…
- By: Staff
- December 11, 2024 December 6, 2024
- 15:00
PBSA amendments must clarify role of pension disclosure requirements: PIAC
Amendments to the federal Pension Benefits Standards Act must go beyond reporting transparency and clarify how additional disclosure requirements help monitor the health of Canadian…
- By: Staff
- December 10, 2024 December 6, 2024
- 09:00
World’s 100 largest asset owners’ AUM up 12.3% in 2023: report
The assets under management of the world’s 100 largest asset owners totalled US$26.3 trillion as of the end of 2023, up 12.3 per cent from…
- By: Staff
- December 5, 2024 December 4, 2024
- 09:00
Global pension plan sponsors’ assets reach US$63.1 trillion in 2023, offset by decrease in equities: report
While global pension plan sponsors’ assets grew by 10 per cent to reach US$63.1 trillion in 2023, this value is still five per cent lower…
- By: Staff
- December 4, 2024 December 3, 2024
- 09:00
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…
- By: Staff
- 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…
- By: Staff
- 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…
- By: Staff
- November 28, 2024 November 27, 2024
- 09:00
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…
- By: Staff
- 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…
- By: Staff
- November 26, 2024 November 27, 2024
- 15:00
Top 5 HR, benefits, pension and investment stories of the week
An article on how a national drug pooling program would impact employer-sponsored benefits plans was the most-read story on BenefitsCanada.com this past week. Here are…
- By: Staff
- November 22, 2024 November 21, 2024
- 09:00
DB pension plan sponsors facing “bottleneck” in annuities market: expert
Increased deal-making in the Canadian annuities market is adding pressure to defined benefit plan sponsors seeking to de-risk their plans, says Jason Vary, president of…
- By: Bryan McGovern
- November 21, 2024 November 21, 2024
- 11:00
Canadian pension funds continue to land top marks for transparency: report
For the fourth year in a row, five Canadian pension funds are among the most transparent in the world, according to the global pension transparency…
- By: Staff
- November 18, 2024 November 18, 2024
- 14:30