CIR news

Latest news in DB

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CAAT sees slight dip in funded status, lowers discount rate

The Colleges of Applied Arts and Technology pension plan’s funding status dipped slightly in 2019, to 118 per cent on a going-concern basis from 120…

  • By: Staff
  • March 12, 2020 December 13, 2020
  • 07:06
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CPPIB CEO bullish on oil despite price crash, emissions debate

The chief executive officer of the Canada Pension Plan Investment Board says Monday’s oil price crash and stock market selloff will hurt Canadian energy companies…

SHARE, Groupe Investissement Responsable launching Canadian proxy voting company

Ontario Teachers’ appoints new board member

Cindy Forbes is joining the board of the Ontario Teachers’ Pension Plan effective immediately. Currently, Forbes is the global chief analytics officer for Manulife Financial…

  • By: Staff
  • March 2, 2020 December 13, 2020
  • 09:28

Ontario Teachers’ Pension Plan signs US$300M investment deal with New Gold

The Ontario Teachers’ Pension Plan has signed a US$300-million deal investment deal with New Gold Inc. Under the agreement, the pension fund will acquire a…

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Caisse provides subordinated private debt financing to Meridian

The Caisse de dépôt et placement du Québec is closing a $125 million financing deal with Canadian credit union, Meridian. The investment takes the form…

  • By: Staff
  • February 25, 2020 December 13, 2020
  • 09:24
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OPTrust launches sustainable investing and innovation team with capital allocation mandate

While the OPSEU Pension Trust has been focused on responsible investing for some time, it’s bringing its sustainability activities to the next level with the…

  • By: Yaelle Gang
  • February 25, 2020 December 13, 2020
  • 08:33

New Caisse CEO stresses caution after 10 year bull market and soft 2019 returns

The Caisse de depot et placement du Quebec missed its benchmark portfolio last year due to lacklustre performance of real estate and infrastructure assets and…

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CPPIB investing in build-to-rent property in south London

The Canada Pension Plan Investment Board is strengthening its partnership with property group Lendlease through an agreement to invest in a new building in south…

  • By: Staff
  • February 20, 2020 December 13, 2020
  • 12:33
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How West Fraser is taking a phased approach to pension plan annuitization

West Fraser Timber Co. Ltd. isn’t annuitizing multiple defined benefit plans to get out of the pension business. In fact, the British Columbia-based integrated wood…

  • By: Yaelle Gang
  • February 20, 2020 December 13, 2020
  • 08:49
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Ontario Teachers’ buys stake in cybersecurity firm, Caisse portfolio companies make acquisitions

The Ontario Teachers’ Pension Plan is joining a consortium to purchase RSA Security in an all-cash transaction for more than $2.07 billion, subject to certain…

  • By: Staff
  • February 20, 2020 December 13, 2020
  • 08:34
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Coastal GasLink pipeline investor AIMCo committed to closing deal despite protests

The Alberta Investment Management Corp., an investment firm buying a stake in the Coastal GasLink pipeline, says it remains “committed” to the deal despite protester…

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Canadian DB funds generate second-highest returns in a decade: RBC

Canadian defined benefit pension plans posted a return of 14 per cent in 2019, according to the RBC Investor and Treasury Services’ universe. These double-digit…

  • By: Staff
  • February 13, 2020 December 13, 2020
  • 08:33
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Caisse investing in private credit financing in India

The Caisse de dépôt et placement du Québec is teaming up with Piramal Asset Management Private Ltd. to form a US$300 million platform to invest…

  • By: Staff
  • February 7, 2020 December 13, 2020
  • 06:41
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Caisse part of construction manufacturing group acquisition

The Caisse de dépôt et placement du Québec is joining forces with the Marcel Dutil family’s Placements CMI and the Fonds de solidarité FTQ to…

  • By: Staff
  • January 22, 2020 December 13, 2020
  • 08:35

Mark Machin becomes new chairman of FCLTGlobal

FCLTGlobal, a not-for-profit institute focused on developing research and tools to encourage long-term investing, is appointing Mark Machin, chief executive officer of the Canada Pension…

  • By: Staff
  • January 21, 2020 December 13, 2020
  • 10:40

Former Ontario Teachers’ CEO appointed senior fellow at C.D. Howe Institute

Ron Mock, who recently retired as the president and chief executive officer of the Ontario Teachers’ Pension Plan, has been appointed a senior fellow of…

  • By: Staff
  • January 8, 2020 December 13, 2020
  • 08:48
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AIMCo purchasing equity interest in TC Energy Coastal GasLink pipeline

The company behind the $6.2-billion Coastal GasLink pipeline in British Columbia says it’s made a deal to sell a 65 per cent equity interest in…

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Manitoba premier wants management of public sector pensions merged

Manitoba Premier Brian Pallister is calling for a merger of management services for the province’s public-sector pensions. Pallister says he’s not suggesting the funds themselves…

BCI immune from taxation, but still might have to pay GST: Court

The B.C. agency responsible for managing public-sector pension plan investments is constitutionally immune from remitting goods-and-services taxes related to those portfolios, the Supreme Court of…

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Case study: Wawanesa Mutual’s journey with OCIO

While an outsourced chief investment officer model may be the right option for a pension plan under particular circumstances, circumstances can change. Wawanesa Mutual Insurance…

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PSP buying permanent water rights in Australian orchards

The Public Sector Pension Investment Board is buying 89,085 megalitres of permanent water rights from Olam Orchards Australia Pty Ltd. for a total of A$490…

  • By: Staff
  • December 4, 2019 December 13, 2020
  • 12:04
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Several Canadian institutional investors committing to fintech venture fund

The Caisse de dépôt et placement du Québec and the Public Sector Pension Investment Board are among several institutional investors committing $427 million in the…

  • By: Staff
  • December 3, 2019 December 13, 2020
  • 12:23

Caisse’s Sabia warns U.S. China trade rivalry could further split global economy

The outgoing head of Quebec’s pension fund manager says the U.S.-China trade war threatens to fan protectionism and cleave economies in what amounts to “the…

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Getting delegation right at Manitoba’s Teachers’ Retirement Allowances Fund

Since the Teachers’ Retirement Allowance Fund, which is the defined benefit pension plan for public school teachers and other eligible employees in Manitoba, was introduced…

  • By: Yaelle Gang
  • November 28, 2019 December 13, 2020
  • 08:53

AIMCo appoints new board member

The Alberta Investment Management Corporation has appointed Roger Renaud to its board of directors. Most recently, Renaud was president for Canada and global chief operating…

  • By: Staff
  • November 27, 2019 December 13, 2020
  • 08:42