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Feds launching web tool to track representation, pay disparity for women, minorities

The federal government has launched a new pay transparency website to better illustrate how women, visible minorities, people with disabilities and Indigenous Peoples are represented…

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CPPIB, Oxford Properties sell two Vancouver office buildings, OMERS closes €750 million term notes offering

The Canada Pension Plan Investment Board and Oxford Properties Group Inc., the real estate arm of the Ontario Municipal Employees’ Retirement System, are selling two…

  • By: Staff
  • February 6, 2024 February 5, 2024
  • 11:00

U.K. pension funds increasing allocations to renewable energy infrastructure: survey

A majority (90 per cent) of U.K. pension funds and insurers say they plan to increase allocations to renewable energy infrastructure in the next 12…

  • By: Staff
  • February 6, 2024 February 5, 2024
  • 11:00

U.S.-China business relationship, private credit shaping investments in 2024: IMCO

The Investment Management Corp. of Ontario believes an increasingly icy dynamic between the U.S. and China could lead to heightened volatility for institutional investors this…

84% of U.S. employers planning to adjust leave programs in the next two years: survey

A majority (84 per cent) of U.S. employers are planning to make changes to their leave programs in the next two years, according to a…

  • By: Staff
  • February 5, 2024 February 5, 2024
  • 15:00

Survey finds Black Canadians report high levels of racism despite workplace improvements

Canadian companies are making uneven progress on efforts to make workplaces more inclusive and equitable for Black workers, according to a survey from KPMG in…

20% of Canadian employees worked mostly from home at the end of 2023: Stats Can

The percentage of Canadians working most of their hours from home continued to decline in November 2023 to 20 per cent, from 40 per cent…

  • By: Staff
  • February 5, 2024 February 2, 2024
  • 09:00

FSRA’s proposed guidance on retroactive adverse amendments inconsistent with case law, Pension Benefits Act: ACPM

The Financial Services Regulatory Authority of Ontario’s revised proposed guidance on retroactive adverse amendments for pension plan administrators is inconsistent with existing case law, the wording…

  • By: Staff
  • February 5, 2024 June 6, 2024
  • 09:00

Competition minister raises concerns over Manulife, Loblaw pharmacy deal

The federal minister in charge of promoting competition says he’s concerned about a deal between Manulife Financial Corp. and Loblaw Cos. Ltd. that restricts patients…

Ontario appeal court ruling marks substantial shift in enforcement of termination clauses

Court of Appeal upholds $1.5 million punitive damages award in LTD claims case

The Ontario Court of Appeal’s affirmation of a $1.5 million punitive damages award — reportedly the largest award of its kind in a Canadian long-term…

29% of Canadian employees want to work remotely to save commuting costs, time: survey

More than a quarter (29 per cent) of Canadian employees say they want to reduce in-office work, with three-quarters (76 per cent) citing saving time…

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Average Canadian DB pension plan returns 8.2% in Q4 2023: report

The average Canadian defined benefit pension plan posted returns of 8.2 per cent in the fourth quarter of 2023, according to RBC Investor Services. It…

  • By: Staff
  • February 1, 2024 February 1, 2024
  • 15:00

B.C. Teachers’ Pension Plan increasing coverage for retirement health benefits in 2025

The British Columbia Teachers’ Pension Plan is increasing coverage for several optional retirement health benefits, effective Jan. 1, 2025. Vision care coverage will increase by $100…

  • By: Staff
  • July 18, 2024 July 17, 2024
  • 15:00

Canadian pension leaders urging sustainability regulator to modify new disclosure guidelines

In an open letter, leaders from Canada’s biggest pension funds are asking the Canadian Sustainability Standards Board to reconsider a two-year relief period granted to…

  • By: Staff
  • July 18, 2024 July 17, 2024
  • 09:00

Average funded ratio of Canadian DB pension plans up 2% in Q2 2024: report

The funded ratio of the average Canadian defined benefit pension plan grew by two per cent during the second quarter of 2024 and nine per…

  • By: Staff
  • July 17, 2024 July 17, 2024
  • 15:00

Interest rate cut boosts returns from short-term government bonds, credit: report

Returns from short-term Government of Canada bonds and credit are rising due to the easing of interest rates by the Bank of Canada last month,…

  • By: Staff
  • July 15, 2024 July 15, 2024
  • 15:00

Ontario court rules employer not obligated to preserve past service benefits

Ontario’s small claims court has ruled that an employer’s letter, which described the benefits coverage that would exist following a divestment as ‘comparable’ to prior…

CPPIB investing €550M in European digital solutions provider, Caisse buying Brazilian power transmission platform

The Canada Pension Plan Investment Board is investing €550 million in Europe-based team.blue to acquire a 20 per cent interest in the firm. The total…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 15:00