General Motors of Canada Co. – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 22 Nov 2024 22:16:07 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Pension annuity transactions in Canada totalled $4.45BN in 2020: report https://www.benefitscanada.com/pensions/defined-benefit-pensions/annuity-transactions-in-canada-totalled-4-45bn-in-2020-report/ Wed, 21 Jul 2021 19:00:26 +0000 https://www.benefitscanada.com/?p=104348 Despite market upheaval as a result of the coronavirus pandemic, the Canadian pension risk transfer market had its third-best year for group annuity transactions, according to Eckler Ltd.’s latest report. By the end of 2020, pension risk transfer market transactions totalled $4.45 billion, only slightly behind 2018’s $4.5 billion but below 2019’s $5.2 billion, noted the report. […]

The post Pension annuity transactions in Canada totalled $4.45BN in 2020: report appeared first on Benefits Canada.com.

]]> Looking under the hood of jumbo transactions https://www.benefitscanada.com/news/cir-news-news/expert-panel-looking-under-the-hood-of-jumbo-transactions/ Tue, 11 May 2021 13:53:25 +0000 https://www.benefitscanada.com/?p=100129 The recent announcement that General Motors of Canada Co. purchased $1.8 billion of annuities for its salaried pension plan is creating a lot of excitement. GM Canada joins a growing list of plan sponsors who’ve purchased sizeable annuities in the last few years: Stelco Inc. ($885 million), Alcoa Corp. ($750 million), Rio Tinto Group ($560 […]

The post Looking under the hood of jumbo transactions appeared first on Benefits Canada.com.

]]>