CIR news

Latest news in Emerging & global markets

Caisse exposure to fraud, corruption risks exacerbated by investment strategy: Quebec auditor general

While Quebec’s Auditor General Guylaine LeClerc says the Caisse de Dépôt et Placement du Québec’s exposure to international and private markets is increasing fraud and corruption…

BCI backs consortium buying majority stake in U.K. natural gas provider, CPPIB-backed joint venture funds South Korean data centre

The British Columbia Investment Management Corp. is entering a consortium that’s buying a majority stake in a U.K. natural gas provider. The consortium, which also…

  • By: Staff
  • March 28, 2022 March 28, 2022
  • 15:00
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Private infrastructure investments to top $1 trillion in 2022: report

Assets under management by private infrastructure investors are forecast to reach a record $1.19 trillion in 2022, according to a new report by Boston Consulting…

  • By: Staff
  • March 24, 2022 March 24, 2022
  • 13:16
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Caisse financing global search platform, CPPIB acquires ceramic manufacturer

The Caisse de dépôt et placement du Québec alongside several partners are participating in a US$120 million Series B funding round for a global job…

  • By: Staff
  • March 18, 2022 March 17, 2022
  • 09:05

Trusteed pension funds’ assets valued at $2.18T in Q3: StatsCan

The market value of assets held by Canadian trusteed pension funds rose 1.8 per cent to $2.18 trillion in the third quarter of 2021, up from $2.14…

  • By: Staff
  • March 18, 2022 March 17, 2022
  • 09:05
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India courting Canada’s pension funds for infrastructure investments

India’s finance minister is calling on Canada’s pension plans to invest in infrastructure projects in the world’s most populous democracy. This week, Mary Ng, Canada’s…

  • By: Staff
  • March 15, 2022 March 15, 2022
  • 10:15
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Two years later: DB plans out of the pandemic frying pan, into the geopolitical fire

The second year of the coronavirus pandemic offered defined benefit pension plan sponsors a reprieve from the chaos sown in financial markets during its first…

Canadian DB pension funded position improved in February: report

Despite rising concerns about inflation and the war in Ukraine, the funded position of a typical Canadian defined benefit pension plan improved slightly on both…

  • By: Staff
  • March 8, 2022 March 8, 2022
  • 12:30

CPPIB financing global education technology company, BCI acquiring solar power provider

The Canada Pension Plan Investment Board is financing US$350 million of debt for a global education technology provider. Valued at US$3.2 million, Mumbai-based Emeritus offers…

  • By: Staff
  • March 8, 2022 March 8, 2022
  • 12:00

IMCO, OPB to divest Russian holdings

In response to the ongoing war in Ukraine, more Canadian public sector institutional investors are announcing plans to exclude Russian assets from their portfolios. The…

  • By: Staff
  • March 7, 2022 March 7, 2022
  • 15:00

Top 5 HR, pension and benefits stories of the week

An article on British Columbia’s paramedics and their need for enhanced mental-health benefits was the most read story over the past week on BenefitsCanada.com. Here…

  • By: Staff
  • March 4, 2022 March 4, 2022
  • 09:00
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Ontario’s DB pension plans should take steps to maintain strong funded status: FSRA

With Ontario’s defined benefit pension plans in their best financial shape since 2009, the Financial Services Regulatory Authority of Ontario is advising plan sponsors and…

AIMCo, BCI to divest Russian holdings

In response to the ongoing conflict between Russia and Ukraine, the Alberta Investment Management Corp. and the British Columbia Investment Management Corp. are divesting from…

  • By: Staff
  • March 1, 2022 March 3, 2022
  • 15:30
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N.S. Pension Services Corp. acquires industrial property, Ontario Teachers’ invests in mining company

The Nova Scotia Pension Services Corp. is acquiring an industrial property for a Quebec electric vehicle design company. The 8.42 hectare facility, located in Chicago, will be…

  • By: Staff
  • March 1, 2022 February 28, 2022
  • 09:00

Top 5 HR, pension and benefits stories of the week

A pair of stories on employee burnout and the ‘Great Resignation’ took the top spots over the past week on BenefitsCanada.com. Here are the five most…

  • By: Staff
  • February 25, 2022 February 25, 2022
  • 09:00
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North American markets tumble as Russian forces move on Ukraine

North American stock markets plunged after opening to news that Russian forces have launched a new military offensive in Ukraine. In New York, the Dow…

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CPPIB entering multifamily property development, selling stake in energy company to Ontario Teachers’

The Canada Pension Plan Investment Board is entering a joint venture to develop multifamily residential communities in high-growth metropolitan areas of the U.S. The institutional…

  • By: Staff
  • February 24, 2022 February 24, 2022
  • 09:00
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Danish pension announces sanctions against Russia

A Danish defined benefit pension fund is ceasing its investments in Russian assets following recent developments in the ongoing crisis between the world’s largest nation…

  • By: Staff
  • February 22, 2022 February 22, 2022
  • 11:30

AIMCo, HOOPP, IMCO, PSP join consortium acquiring Australian energy network; Caisse-backed firm acquires investment platform business

A consortium including several of Canada’s largest institutional investors is acquiring an Australian energy network. The Alberta Investment Management Corp., the Healthcare of Ontario Pension…

  • By: Staff
  • February 22, 2022 February 28, 2022
  • 09:00

BCI launches timberlands management company, Ivanhoé invests in real estate technology fund

The British Columbia Investment Management Corp. is jointly sponsoring the launch of a company managing timberland assets located in the southeastern U.S. Together with the…

  • By: Staff
  • February 17, 2022 February 16, 2022
  • 11:00

OMERS sells stake, reinvests in dermatology network; CPPIB invests in NZ investment platform

The Ontario Municipal Employees’ Retirement System is selling its interest in a group operating dermatology clinics in the U.S. The institutional investor will sell its…

  • By: Staff
  • February 15, 2022 February 14, 2022
  • 09:00

How are pension plan sponsors approaching investments in 2022?

Nearly two years after the declaration of the global coronavirus pandemic and its subsequent impact on the worldwide economy, institutional investors are looking to the…

  • By: Blake Wolfe
  • February 11, 2022 March 11, 2022
  • 08:55

Canadian DB pensions’ average funding positions worsened in January: report

The funded position of a typical defined benefit pension plan decreased on a solvency basis but increased on an accounting basis in January, according to…

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Canadian pension returns up during Q4, buoyed by global equities: report

The median Canadian defined benefit pension plan generated returns of 3.8 per cent in the final quarter of 2021, according to a new report by…

  • By: Staff
  • January 27, 2022 January 27, 2022
  • 13:20
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Caisse, PSP entering real estate joint ventures; CPPIB partnering with green consultancy

Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, is entering a new joint venture to construct multifamily rental…

  • By: Staff
  • January 25, 2022 January 25, 2022
  • 09:00