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Calgary stays afloat despite energy woes

Calgary stays afloat despite energy woes

Calgary’s mayor, Naheed Nenshi, says plunging oil prices haven’t had as dire an effect on the city as most had expected. However, many in the…

U.S. retirement centres CEO sentenced after defrauding investors of $130M

U.S. retirement centres CEO sentenced after defrauding investors of $130M

The former head of an Oregon-based chain of retirement centres was sentenced by a federal judge on Tuesday to 15 years in prison for defrauding…

Hedge funds end 4-month losing streak

Hedge funds end 4-month losing streak

Hedge funds ended their four-month losing streak, gaining 1.33% in October, as most major equity markets ended the month in positive territory, according to the…

  • By: Staff
  • November 17, 2015 September 13, 2019
  • 10:59
Canadian pension funds lost $2.4 billion from fossil fuel investments

Canadian pension funds lost $2.4 billion from fossil fuel investments

Five major Canadian pension funds lost $2.4 billion during the last half of 2014 as a result of investing in fossil fuel assets, thestar.com reports.…

  • By: Staff
  • November 17, 2015 September 13, 2019
  • 10:51
Iran to add 500,000 barrels of oil exports after sanctions are lifted

Iran to add 500,000 barrels of oil exports after sanctions are lifted

Iran says it will export an additional 500,000 barrels of oil a day in a bid to reclaim its market share after sanctions are lifted…

Yuan could join top IMF currency roster

Yuan could join top IMF currency roster

The head of the International Monetary Fund says she supports adding China to an exclusive club of the world’s top currencies. Christine Lagarde said Friday…

CRA sets 2016 max pensionable earnings

CRA sets 2016 max pensionable earnings

The Canada Revenue Agency recently announced that the maximum pensionable earnings under the Canada Pension Plan for 2016 will be $54,900, up from $53,600 in…

  • By: Staff
  • November 16, 2015 September 13, 2019
  • 10:40
CPPIB, OMERS and Teachers’ buy Chicago toll road

CPPIB, OMERS and Teachers’ buy Chicago toll road

Three Canadian pension funds have signed a deal to buy the company that operates the Chicago Skyway toll road for US$2.8 billion. The Canada Pension…

Ontario Pharmacists Association courts benefits providers

Ontario Pharmacists Association courts benefits providers

At a luncheon last week for the benefits industry, the Ontario Pharmacists Association (OPA) unveiled its chronic disease management program for diabetes, developed with the…

  • By: Karen Welds
  • November 16, 2015 September 13, 2019
  • 10:13
Morneau to meet with provinces on CPP expansion

Morneau to meet with provinces on CPP expansion

Finance Minister Bill Morneau will be meeting with his provincial and territorial counterparts as soon as possible to start working on increasing the CPP benefit,…

  • By: Staff
  • November 16, 2015 September 13, 2019
  • 10:07
Bank of Canada tries to innovate as traditional monetary policy “stretched to its limits”

Bank of Canada tries to innovate as traditional monetary policy “stretched to its limits”

The Bank of Canada is launching what it calls an ambitious research agenda to further explore how other countries have responded to a financial crisis…

Canadians remain confused about saving for retirement

Canadians remain confused about saving for retirement

Many Canadians don’t know how much they will need to save for retirement on their own and to what extent they should rely on government…

  • By: Staff
  • November 13, 2015 September 13, 2019
  • 11:10
Canadians worry about finances

Canadians worry about finances

The majority of Canadians (79%) aren’t confident they’ll achieve their financial goals, finds a study by Financial Planning Standards Council (FPSC). Further, just 18% say…

  • By: Staff
  • November 13, 2015 September 13, 2019
  • 10:59

HOOPP’s Jeff Wendling retiring in 2025

Jeff Wendling, president and chief executive officer at the Healthcare of Ontario Pension Plan, will be retiring in 2025 after more than 25 years with…

  • By: Staff
  • September 26, 2024 September 26, 2024
  • 11:00

How are Canadian DB pension plan sponsors making use of surplus funds amid positive funded status environment?

With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…

Gov’t seeking feedback on solvency reserve accounts for federally regulated DB pension plans

The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…

  • By: Staff
  • September 26, 2024 September 24, 2024
  • 11:00

CalPERS CEO pay reaching US$1.2M due to investment performance boost: report

Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…

  • By: Staff
  • September 25, 2024 September 23, 2024
  • 15:00

AIMCo making key appointments to executive team as CIO steps away from role

The Alberta Investment Management Corp. is appointing two of its investment leaders to new executive roles, effective immediately, as Marlene Puffer steps away from her…

  • By: Staff
  • September 24, 2024 September 24, 2024
  • 15:00

Expert panel: The different pathways to pursuing a total portfolio approach

The total portfolio approach is gaining interest as a new investing strategy for pension funds and other asset owners, but its novel status may be…