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…
- By: Canadian Press
- November 18, 2015 September 13, 2019
- 10:39
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…
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 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…
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.…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…