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Latest news in DB

Caisse, Sun Life, investing in telemedicine provider

Sun Life Financial is entering into a strategic commercial partnership and making a $32.7 million equity investment in Canadian telemedicine provider Dialogue. Through the deal,…

  • By: Staff
  • July 30, 2020 December 6, 2020
  • 14:26
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Strong Q2 equity gains good news for DB plans: report

Canadian defined benefit pension plans recovered some of their losses from the start of 2020 in the second quarter off the back of strong public…

  • By: Staff
  • July 29, 2020 December 6, 2020
  • 07:48

Ontario Teachers’ investing in financial crime-prevention technology company

ComplyAdvantage, a technology company focused on detecting and preventing financial crime, is closing a US$50 million series C round of funding that was led by…

  • By: Staff
  • July 28, 2020 December 5, 2020
  • 12:53

CPPIB Credit shedding shares of Canadian gold mine developer

CPPIB Credit Investments Inc., a wholly owned subsidiary of the Canada Pension Plan Investment Board, is selling 10 million shares in Battle North Gold Corp.…

  • By: Staff
  • July 27, 2020 December 6, 2020
  • 09:16
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BCI’s QuadReal closes inaugural green bond senior note offering

QuadReal Property Group, the real estate investment arm of the British Columbia Investment Management Corp., has issued $350 million of 1.747 per cent series-2 senior…

  • By: Staff
  • July 27, 2020 December 6, 2020
  • 07:46
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Canadian pensions sign pledge to tackle anti-Black systemic racism

Several prominent players in Canada’s pension industry have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle anti-Black systemic…

  • By: Staff
  • July 24, 2020 December 6, 2020
  • 07:56
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OMERS acquiring stake in Australian electricity infrastructure company

The Ontario Municipal Employees Retirement System is acquiring a 19.99 per cent stake in TransGrid, an Australian electricity infrastructure company. The organization’s high-voltage transmission network…

  • By: Staff
  • July 20, 2020 December 6, 2020
  • 11:27
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CPPIB buys shares of North American speciality food company

Premium Brands Holdings Corp., which owns a broad range of food manufacturing and distribution businesses operating throughout the U.S. and Canada, has completed a private…

  • By: Staff
  • July 20, 2020 December 6, 2020
  • 08:11
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Caisse provides loan to infection-control product company

The Caisse de dépôt et placement du Québec is providing a loan to Medicom Inc., a Quebec-based manufacturer and distributor of infection-control products. The company…

  • By: Staff
  • July 16, 2020 December 6, 2020
  • 09:09
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AIMCo board completes volatility trading strategy review

The Alberta Investment Management Corp.’s board of directors has completed its review of a volatility trading strategy, known as VOLTS, that resulted in $2.1 billion…

  • By: Staff
  • July 14, 2020 December 6, 2020
  • 09:23

AIMCo’s board makes recommendation after reviewing strategy that lost $2.1 billion

The Alberta Investment Management Corp. has completed its review of a volatility trading strategy, known as VOLTS, that resulted in $2.1 billion in losses in the…

  • By: Staff
  • July 14, 2020 January 20, 2021
  • 08:45

Saint John Airport staff join CAAT’s DBplus

Firefighters, administrative and infrastructure maintenance personnel at the Saint John Airport are among the newest members to join the Colleges of Applied Arts and Technology…

  • By: Staff
  • July 13, 2020 December 6, 2020
  • 16:26
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BCI releases ESG strategy

The British Columbia Investment Management Corp. has released its environmental, social and governance strategy, which outlines its beliefs, principles, governance and how its investment strategies…

  • By: Staff
  • July 13, 2020 December 6, 2020
  • 14:14
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PSP Investments sees -0.6% net return for fiscal year

The Public Sector Pension Investment Board posted a negative 0.6 per cent net return for the fiscal year, which ended March 31, 2020. Severe market…

  • By: Staff
  • July 10, 2020 December 6, 2020
  • 12:41
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PSP Investments raises over $700,000 for charities in wake of coronavirus pandemic

The Public Sector Pension Investment Board’s special coronavirus emergency relief initiative has raised over $700,000 for various charities. Donations went to supporting four organizations actively involved…

  • By: Staff
  • July 7, 2020 December 6, 2020
  • 09:49

EMPEA appointing CPPIB’s Suyi Kim to board of directors

The Emerging Markets Private Equity Association is appointing Suyi Kim, head of Asia Pacific at the Canada Pension Plan Investment Board, to its board of…

  • By: Staff
  • July 6, 2020 December 6, 2020
  • 08:02
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Nova Scotia’s PSSP reports 98.5% funded status, halts indexing for five years

Nova Scotia’s Public Service Superannuation Plan reported a 98.5 per cent funded status as of Dec. 31, 2019 and said it will halt cost-of-living adjustments…

  • July 1, 2020 January 20, 2021
  • 07:42
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Caisse part of consortium bidding to acquire Cirque du Soleil assets

A consortium of investors, including the Caisse de dépôt et placement du Québec, private-equity firm TPG Capital and investment company Fosun International Ltd., is partnering…

  • By: Staff
  • June 30, 2020 December 6, 2020
  • 13:00
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Mark Wiseman named AIMCO’s new board chair

Mark Wiseman has been named as a director and the chair of the Alberta Investment Management Corp.’s board of directors, effective July 1, 2020. Wiseman…

  • By: Staff
  • June 22, 2020 December 6, 2020
  • 09:29
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Vopak Terminals joining CAAT DBplus, OPSEU members joining OPTrust Select

As part of a new collective agreement ratified earlier this year, employees at Vopak Terminals of Canada in Hamilton have joined the Colleges of Applied…

  • By: Staff
  • June 22, 2020 December 6, 2020
  • 08:17

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