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In May, the Conservative government said it will look into allowing Canadians to voluntarily put more of their earnings into the Canada Pension Plan. Announced…
Seeking to expand its asset management business, Sun Life Financial has now completed the acquisition of investment management company Prime Advisors. This is the third…
Ontario Teachers’ Pension Plan has completed the $3.3 billion acquisition of Heritage Royalty Limited Partnership, a former subsidiary of Cenovus Energy Inc. that holds a…
A quarter of senior asset management executives worldwide believe it’s highly likely they’ll face direct competition from a non-traditional new entrant, such as a technology…
BlackRock, Inc. has elected Gordon Nixon to its board of directors, effective October 6, 2015. Nixon is the former president, CEO, and director of RBC’s…
The Canadian economy contracted in May, the fifth consecutive monthly decrease, increasing the possibility the country slipped into a recession in the first half of…
The Government of Ontario wants the federal government to reverse its decision not to help the province implement the Ontario Retirement Pension Plan (ORPP).
Americans in nearly every state will fall far short in meeting their economic needs in retirement, finds a report from the National Institute of Retirement…
Nearly six out of 10 Albertans are overweight or obese, finds a Health Quality Council of Alberta (HQCA) report.
In the first half of this year, venture capital activity was up significantly in terms of both deal activity and disbursement levels, says the Canadian…
Following the Federal Reserve’s monetary policy meeting Wednesday, the Federal Open Market Committee announced it plans to stand pat on interest rates for the time…
Investment returns below public pension plans' benchmarks mean that future contributions from participating state and local governments will have to rise in order to recover…
More than half (56 per cent) of Canadian employees say they’re less productive at work due to financial concerns, according to a new survey by…
The Caisse de dépôt et placement du Québec is acquiring a 25 per cent stake in U.K.-based First Hydro Co. alongside Brookfield Asset Management and…
Canadians with an employer-provided benefits plan are 20 per cent more likely to seek care when needed and 25 per cent more likely to report…
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…