Despite coming improvements to public pension plans, Canada will still be about 10 percentage points behind the average net replacement rate for the typical worker…
Poor financial well-being is a growing problem, impacting Canadian employees’ on-the-job performance, health and absenteeism rates, according to a new survey by Willis Towers Watson.…
Compared to other high-income countries, Canada is doing very little to prepare for the “greying of society,” according to a new study by public policy think-tank…
ArcelorMittal Dofasco, ESIT Advanced Solutions Inc. and Toronto-Dominion Bank are among the companies named as top employers for Canadians over 40. The 2018 list, part…
The Canada Pension Plan fund returned 2.5 per cent after all costs during the second quarter of fiscal 2018. It ended the second quarter with net assets of…
Too much avocado toast isn’t the reason younger Canadians have a hard time getting a start on their retirement savings. Canadian millennials are “literally working and…
More than 80 per cent of Canadian employees would be interested in an employer-provided financial education program, according to a new survey by the Canadian…
The infrastructure arm of the Ontario Municipal Employees Retirement System is increasing its investment in Britain’s largest water company. OMERS Infrastructure is purchasing an additional 4.36 per cent…
The Caisse de dépôt et placement du Québec is committing a $50-million loan to a group of solar energy systems set up by California-based Sunrun Inc. The loan…
Two-thirds of institutional investors consider environmental, social and governance factors, according to a survey conducted by RBC Global Asset Management Inc. The survey, which questioned 434 institutional…
While the sustainability of defined benefit pension plans have long been a central talking point in the industry, they took a real hit during the 2008…
Feelings of embarrassment and shame around personal financial struggles are affecting Canadians’ workplace productivity and there’s a role for employers to play, according to a new…
The British Columbia Investment Management Corp. and French private equity group PAI Partners have agreed to a cash public offer of all shares of Refresco Group…
Canada’s retirement system has maintained its B rating on the Melbourne Mercer Global Pension Index, as its overall score rose slightly from 66.4 in 2016 to 66.8…
Caisse de dépôt et placement du Québec is investing in Montreal-based Lightspeed POS Inc., a point-of-sale and e-commerce software solution for independent retailers and restaurateurs.…
The Canada Pension Plan Investment Board and partners are investing US$350 million in the Alpha Data Centre Fund, which aims to develop a portfolio of new and…
Caisse de dépôt et placement du Québec is purchasing 11,369,599 Class A shares of Alimentation Couche-Tard Inc. from Metro Inc. Couche-Tard owns and operates nearly 9,500…
Enbridge, Jazz Aviation and the Royal Bank of Canada were among the companies recognized by the federal government for their commitment to creating diverse and…
For those who aren’t accountants, it’s likely quite difficult to determine who’s right in the ongoing debate between the Ontario government and the province’s auditor…
Canadian defined benefit pension plans made gains in their solvency position in the third quarter of 2017, according to the Mercer Pension Health Index. The…
Nortel Networks Corp., Stelco Inc., Sears Canada Inc. These are just a few of the many bankruptcy or restructuring cases that have catapulted the financial…
The Department of Finance’s draft tax legislative proposals, published on Sept. 8, include amendments to improve the clarity and effectiveness of the goods and services…
The Ontario Teachers’ Pension Plan reached an asset total of $180.5 billion as of June 30, 2017, representing a $4.9-billion increase since the start of…
Pension plan administrators should get used to dealing with requests for their actuarial documents while lawyers duke it out over just how confidential they are,…
Plan administrators are eyeing the Bank of Canada’s current system that holds unclaimed bank balances for individuals as a possible solution to dealing with missing…