The federal government has put together a $6.5-billion aid package and is making temporary changes to the employment insurance program to support Canadian businesses and workers through the trade war with the U.S. The government is building new flexibility into the employment insurance program to help businesses retain workers by reducing work hours. Read: How […]
In the face of uncertainty around the business and political relationship between Canada and the U.S., Canadian institutional investors aren’t considering allocation strategy changes just yet. Kim Hart, principal investment consulting at Eckler Ltd., says immediate discussions with Canadian plan sponsors show they aren’t looking to move away from U.S. investments or to decrease allocations […]
The Caisse de dépôt et placement du Québec is reporting a 9.4 per cent investment return as at Dec. 31, 2024, pushing its total net assets to $473 billion. The positive investment result was credited to the performance of public equities (25.5 per cent), private equity (17.2 per cent), infrastructure (9.5 per cent) and fixed […]
The Financial Services Regulatory Authority of Ontario is promoting the importance of retirement planning and the value of a workplace pension on the third anniversary of Pension Awareness Day taking place today Feb. 20. In an emailed statement to Benefits Canada, Andrew Fung, executive vice-president of pensions at the FSRA, said he’s proud that more […]
Large Canadian pension funds can create and capture value in financial markets by achieving scale in strategic markets, vertically integrating parts of the value chain and reducing fee drag, coordinating key stakeholder groups and creating internal synergies within their organization, according to a new report published in the Journal of Alternative Investments. It found venture […]
In 2025, the Association of Canadian Pension Management is focusing on flexible pension plan models amid a backdrop of multiple elections taking place across Canada. Korinne Collins, chief executive officer at the ACPM, says flexibility is needed around decumulation strategies for defined contribution plans and the potential for different income tax treatments for workers looking […]
Following a surprising U.S. presidential election, both major political parties are facing a realignment of priorities, said Lew Lukens, senior partner at Signum Global Advisors, during the keynote session at the Canadian Investment Review’s 2024 Investment Innovation Conference. Lukens was surprised by Donald Trump’s win in November since he projected the democratic candidate Kamala Harris […]
Canadian spending per household trends show the country’s economy is experiencing a recession, said Stephen Poloz, former governor at the Bank of Canada and a special advisor at Osler, Hoskin & Harcourt LLP, during a session at the Canadian Investment Review’s 2024 Investment Innovation Conference. Consumer spending numbers have declined around two per cent for […]
While it doesn’t contain an exact figure, the federal government’s official rebuttal to a 2023 report — which argued Alberta is entitled to more than half the assets of the Canada Pension Plan — provides a roadmap in the event the province exits the CPP, says Sebastien Betermier, associate professor of finance at the Desautels […]
The Financial Services Regulatory Authority of Ontario is closely monitoring administrative risk and pension plan sponsors’ geopolitical concerns in 2025, says Andrew Fung, the organization’s executive vice-president of pensions. He cites increasing non-investment management risks like fraud, identity theft, data breach, cybersecurity and the use of artificial intelligence as emerging risks that plan sponsors will […]