CIR news

Latest news in DB

Cadillac Fairview launches app to help shoppers

Cadillac Fairview, the real estate investment arm of the Ontario Teachers’ Pension Plan, is launching a mobile app to help people use its shopping centres…

  • By: Staff
  • June 22, 2020 December 6, 2020
  • 07:13
Institutional investors agree profits can’t be top concern for companies: survey

Charles Emond, Jean Raby to co-chair Investor Leadership Network’s CEO council

The Investor Leadership Network is appointing Charles Emond, president and chief executive officer of the Caisse de dépôt et placement du Québec, and Jean Raby,…

  • By: Staff
  • June 16, 2020 December 6, 2020
  • 13:15

LAPP downside protection strategy saves almost $1.9 billion

The volatility caused by the coronavirus pandemic made the first quarter of 2020 rough for many Canadian defined benefit pension plans. In early June, the…

How are pension fund directors faring through coronavirus upheaval?

Despite drastic changes stemming from the coronavirus crisis, the majority (58 per cent) of pension fund directors said their fund’s transition to a remote boardroom…

  • By: Staff
  • June 10, 2020 December 6, 2020
  • 10:05

BCI highlights ESG successes in 2019 report

The British Columbia Investment Management Corp. is touting its 2019 environmental, social and governance successes in its annual ESG report. Some highlights from the year…

  • By: Staff
  • June 8, 2020 December 6, 2020
  • 12:34

Caisse releases 2019 annual report

The Caisse de dépôt et placement du Québec has released its annual report, highlighting the results previously announced on Feb. 20, including a return of…

  • By: Staff
  • June 3, 2020 December 6, 2020
  • 10:07
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Projected Ontario DB pension solvency ratios hit significantly in Q1: FSRA

The first quarter of 2020 was rough for Ontarian defined benefit pension plans as they experienced the most significant quarterly decline in projected solvency ratios…

  • By: Staff
  • June 2, 2020 December 6, 2020
  • 08:44

Blake Hutcheson succeeds Michael Latimer as OMERS’ CEO

As reported in December 2019, Blake Hutcheson has succeeded Michael Latimer as the new chief executive officer of the Ontario Municipal Employees Retirement System, effective…

  • By: Staff
  • June 1, 2020 December 6, 2020
  • 10:10
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Interest in DBplus and OPTrust Select remains amid coronavirus crisis

The coronavirus crisis is putting new stresses on businesses as they grapple with cash flow and business continuity, but even amid such uncertainty, some employers…

Nova Scotia Teachers’ names new trustee chair

The Nova Scotia Teachers’ Pension Plan Trustee Inc. has appointed John Rogers as its new chair, effective July 1, 2020. The trusteeship manages the plan,…

  • By: Staff
  • May 1, 2020 December 6, 2020
  • 10:29
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What’s next for variable benefits?

While the Canadian retirement industry has spent a lot of time focusing on the accumulation stage, the decumulation conversation is much further behind. For defined…

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OMERS Ventures establishes US$750M transatlantic fund

OMERS Ventures, the venture capital arm of the Ontario Municipal Employees Retirement System, has closed a US$750 million venture capital fund — its largest fund…

  • By: Staff
  • April 29, 2020 December 13, 2020
  • 10:09
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Using alternatives to strive for stability at the City of Montreal pension plans

Changes to Quebec’s pension legislation, including a move away from solvency funding requirements and the introduction of a cost-sharing model, against the backdrop of a…

UTAM pension portfolio sees 13% return for 2019

The University of Toronto Asset Management Corp. has earned a 13 per cent return on its pension portfolio for 2019, and a 12.9 per cent…

  • By: Staff
  • April 27, 2020 December 13, 2020
  • 09:43
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OMERS considering shared-risk indexing and expanding eligibility to non full-time workers

The Ontario Municipal Employees Retirement System sponsors corporation board is considering two plan design changes: the introduction of shared-risk indexing and the expansion of pension…

  • By: Staff
  • April 22, 2020 December 13, 2020
  • 11:47

Caisse shifts roles to face global economic challenges

The Caisse de dépôt et placement du Québec is making a number of personnel changes as part of its response to the economic challenges. “At…

  • By: Staff
  • April 17, 2020 December 13, 2020
  • 08:07

Are pension funds considering filing early valuations to lock in pre-coronavirus funded ratios?

With coronavirus causing market volatility and an increase in the size of solvency liabilities, pension plans are feeling the impact. One potential way for plan…

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Former Caisse CEO named chair of Canada Infrastructure Bank

The federal government is shaking up the people in the top spots at the Canada Infrastructure Bank, including saying goodbye to the chief executive and…

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A coronavirus game plan for defined benefit pension plans

The novel coronavirus has introduced unprecedented volatility to financial markets and is taking its toll on pension plans. We’ve seen sharp corrections in most equity…

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Ontario Teachers’ posts 10.4% gains for 2019, focuses on maintaining certainty

The Ontario Teachers’ Pension Plan posted a net return of 10.4 per cent for 2019, bringing net assets to $207.4 billion. Its $20.2 billion in…

Opportunities for small pension plans in Canada’s lower, middle private-equity market

For smaller pension funds looking to access private equity opportunities, the lower and middle part of the Canadian market should be very attractive, says Tracey…

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Will coronavirus push changes to the CAP landscape forward?

With the federal government easing the withdrawal requirements for registered retirement income funds in a bid to alleviate the harm to retirees’ portfolios caused by…

Ontario Teachers’, partner acquire ownership stake in Australian water company

The Ontario Teachers’ Pension Plan, alongside Morrison & Co. on behalf of the Utilities Trust of Australia, is acquiring the Infrastructure Fund’s ownership stake in…

  • By: Staff
  • March 25, 2020 December 13, 2020
  • 08:50
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How York University’s pension plan is avoiding groupthink

Over the years, the York University pension plan has performed well by all objective measures and made major changes to its asset allocation. Speaking at…

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How AIMCo is building a scalable artificial intelligence program

While many organizations are grappling with how to incorporate artificial intelligence into their investment or back-office processes, the Alberta Investment Management Corp. has found a…

  • By: Avery Page
  • March 20, 2020 December 13, 2020
  • 09:17