Office of the Superintendent of Financial Institutions – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 21 Nov 2024 22:24:05 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Government climate policy could spark fire sales by institutional investors: report https://www.benefitscanada.com/news/cir-news-news/government-climate-policy-could-spark-fire-sales-by-institutional-investors-report/ Tue, 18 Jan 2022 16:20:32 +0000 https://www.benefitscanada.com/?p=114970 Abrupt changes in climate policies from governments around the world could lead to fire sales of climate sensitive assets held by institutional investors, according to a the results of a pilot scenario analysis project from the Bank of Canada and the Office of the Superintendent of Financial Institutions. “Climate transition risks are challenging to assess […]

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]]> Bank of Canada governor says country needs to pick up pace on tackling climate change https://www.benefitscanada.com/canadian-investment-review/cir-news/bank-of-canada-governor-says-country-needs-to-pick-up-pace-on-tackling-climate-change/ https://www.benefitscanada.com/canadian-investment-review/cir-news/bank-of-canada-governor-says-country-needs-to-pick-up-pace-on-tackling-climate-change/#respond Wed, 18 Nov 2020 05:49:48 +0000 https://cumulus.benefitscanada.com/uncategorized/bank-of-canada-governor-says-country-needs-to-pick-up-pace-on-tackling-climate-change/ Canada’s top central banker is making a plea for the country to more quickly address the impacts of climate change to avoid any economic ripple effects on households and businesses. Tiff Macklem made the case in a speech Tuesday that Canada’s financial system needs to become as resilient to climate change as it has been […]

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