CPP Investments – Benefits Canada.com

Top 5 HR, benefits, pension and investment stories of the week

lbailey — Fri, 14 Jun 2024 13:00:22 +0000

An article detailing a stark increase in the use of obesity medications among Canadian employer-sponsored benefits plan members was the most-read article on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Claims for obesity drugs increased 42% in 2023, 92% since 2020: report 2. How […]

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Careful consideration, transparency needed in determining Alberta’s share of CPP: Freeland

lbailey — Mon, 18 Dec 2023 20:00:03 +0000

Citing the “complicated” nature of pensions and need for all provinces and territories to weigh in, Finance Minister Chrystia Freeland wouldn’t provide a specific timeline for determining how much Alberta would be entitled to if it leaves the Canada Pension Plan. Speaking after a meeting with her provincial and territorial counterparts, Freeland said officials reported back to […]

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CPPIB, BCI backing agricultural acquisition; PSP allocating to thematic fund

Gideon Scanlon — Thu, 15 Jun 2023 16:30:31 +0000

The British Columbia Investment Management Corp. and the Canada Pension Plan Investment Board are backing an acquisition in the agricultural industry. Bunge Ltd., an oilseed and grain trader that generated US$67.23 billion in revenue in 2022, will take over privately held rival Viterra Ltd. Under the terms of a definitive agreement, Viterra shareholders will receive […]

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CPPIB investing in Canadian AI, PSP in gene-editing software company

Gideon Scanlon — Thu, 22 Jul 2021 16:00:25 +0000

The Canadian Pension Plan Investment Board is investing in a Toronto-based artificial intelligence company. The CPPIB entered a $125 million funding round for a Untether AI Corp., a company that creates software and hardware used in AI platforms. The new funding will be used to enhance its software offerings and build a new generation of products, […]

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CPPIB earns 5% net return in fiscal Q2

mschmit — Tue, 17 Nov 2020 05:33:11 +0000

The Canada Pension Plan Investment Board ended its second quarter of fiscal 2021 with net assets of $456.7 billion, up from $434.4 billion at the end of the previous quarter, according to a new report. The $22.3 billion increase in net assets for the quarter consisted of $21.6 billion in net income after all costs […]

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‘Dear Canada’: Colorado climate group appeals to Canadians over CPPIB-owned energy firm

mschmit — Wed, 21 Oct 2020 06:29:51 +0000

A U.S. environmental group is making a direct appeal to Canadians for help in persuading the Canada Pension Plan Investment Board to end its investment in a Colorado-based oil and gas company due to safety and pollution concerns. In a five-minute YouTube video by an organization called 350 Colorado, residents of Boulder ask Canadians to […]

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