Expected economic headwinds in Canada won’t prevent strong results from equities and fixed income in 2025, according to a new report by the Royal Bank of Canada. Canadian equities will be supported by strong earnings growth expectations and a valuation that isn’t “terribly extended,” compared to the U.S. equity market, said the report. For its […]
A proposed high-speed rail project in Canada could open the doors to more infrastructure development using institutional investors’ capital, says Iftikhar Ahmed, global head of private equity infrastructure and energy transition at Aon. “I have no doubt that this will work and this will open the doors to more opportunities like that.” He says it’s […]
Workplace pension income will add $24.5 billion to federal coffers and $16.8 billion to the provinces in 2025, according to a new report by the Canadian Centre for Policy Alternatives. It found pension income for seniors across Canada is adding $16.9 billion in additional income tax revenue and $2.3 billion in commodity tax revenue, while […]
Responsible investments account for 71 per cent of the total assets under management by Canadian institutional investors, according to a new report from the Responsible Investment Association. The report, which is based on a survey of Canadian institutional asset managers and asset owners completed between May and July 2024, found the total assets attributable to […]
Canadian fixed income yields are de-coupling from a sharp rise seen in the U.S. market, according to a new report from FTSE Russell. Despite a target interest rate cut of 50 basis points to 3.75 per cent from the Bank of Canada at the end of October, the market witnessed higher Canadian yields in October […]
Quebec’s pension fund manager says it is co-operating with U.S. authorities after three former employees were indicted in federal court in Brooklyn, N.Y., in an alleged scheme to give hundreds of millions of dollars in bribes to the Indian government. The former employees of the Caisse de dépôt et placement du Québec have been charged […]
Increased deal-making in the Canadian annuities market is adding pressure to defined benefit plan sponsors seeking to de-risk their plans, says Jason Vary, president of Actuarial Solutions Inc. “[The market is] getting worse,” he says. “This year, I’ve had some experiences where we’re placing some small annuities, under $5 million, and we really struggled to […]
The Pension Investment Association of Canada, alongside the Canadian Life and Health Insurance Association and the Portfolio Management Association of Canada, is asking the Senate to consider the impact of Bill C-281 on institutional investors and pension plan members. The legislation being reviewed by the Senate aims to restrict investments connected to the creation of a […]
The Canada Pension Plan Investment board is reporting a 3.6 per cent return for the second quarter of its latest fiscal year, according to its latest quarterly report. As of Sept. 30, 2024, the CPPIB’s net assets totalled $675.1 billion, up from $646.8 billion at the end of the previous quarter. It reported a 10-year […]
The Canadian edition of an international set of sustainability investment disclosure standards will be officially released in December, according to the Canadian Sustainability Standards Board. The organization was tasked with creating a set of sustainability investment standards in Canada based on those created by the International Sustainability Standards Board. The two new disclosure metrics — CSDS […]