Canadian Securities Administration – Benefits Canada.com

Financial market regulators establish committee to implement total cost reporting plan

lbailey — Fri, 15 Dec 2023 20:00:07 +0000

The Joint Forum of Financial Market Regulators is establishing a committee to help implement its total cost reporting plan. The plan aims to increase investor and policy-holders’ awareness of the ongoing costs of owning investment funds and individual segregated fund contracts. The committee, which is comprised of joint forum members and industry representatives, will provide […]

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Are institutional investors meeting diversity targets set for investee companies?

bwolfe — Fri, 23 Jun 2023 12:56:02 +0000

Considering women account for just over half of the population, Andrew MacDougall understands why — taken in isolation — the state of female representation at the top level of Canada’s public companies can seem a little underwhelming. According to the most recent round of disclosures, around 34 per cent of seats on the boards of […]

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Why you should hire a chief sustainability officer

bwolfe — Fri, 14 Apr 2023 12:52:09 +0000

When Richard Manley, chief sustainability officer at the Canada Pension Plan Investment Board, joined the organization as managing director and head of sustainable investing in 2019, global financial markets were slowly dialling up the focus and integration of environmental, social and governance factors into investment strategies. Over the last three years — amid the ongoing […]

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PIAC calling on CSA to ensure consistency in climate disclosure regulations

bwolfe — Mon, 16 Jan 2023 14:00:21 +0000

The Pension Investment Association of Canada is urging the Canadian Securities Administrators to work closely with its international counterparts to ensure consistency in regulations on climate-related disclosure. In an open letter to the Ontario Securities Commission, the PIAC called on the CSA to align its climate regulations with the U.S. Securities and Exchange Commission and […]

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A look at the latest legal issues around ESG investing

bwolfe — Fri, 16 Dec 2022 13:57:37 +0000

As the University Pension Plan increases its focus on climate change, its responsible investment policy considers environmental, social and governance factors as essential to sound long-term investing. “We’ve seen a lot of evidence from a variety of service providers — from investment banks to investment managers — that have demonstrated [the climate] is getting warmer […]

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Report finds women hold a quarter of board seats in Canada

Sadie Janes — Wed, 02 Nov 2022 19:00:44 +0000

A quarter (24 per cent) of board seats in Canada are held by women, up two per cent since last year, according to a new report by the Canadian Securities Administrators. The report, which tracked TSX-listed companies and other non-venture issuers subject to the CSA’s disclosure requirements regarding women on boards and in executive officer […]

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