The OPSEU Pension Trust has reduced its financed emissions intensity by 11 per cent when compared to 2022, according to the investment organization’s latest climate risk disclosure report. In 2023, the OPTrust extended the scope of its carbon footprint measurement to 70 per cent of its assets, up from 40 per cent in 2022. The […]
An article on the federal government’s decision to transfer a $1.9 billion public pension surplus to general revenue was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Feds’ decision to transfer $1.9BN public pension surplus to general revenue within its […]
The Caisse de dépôt et placement du Québec is investing $335 million in TerraPact, a U.S.-based firm that owns and operates ground leases and rights of way for more than 700 digital, utility and energy infrastructure assets. The financing will support TerraPact’s real estate portfolio across the U.S. and in British Columbia. It will also refinance […]
The Canada Pension Plan Investment Board has confirmed the departure of Frank Su as managing director and head of Asian private equity, effective immediately. In an emailed statement to Benefits Canada, a CPPIB spokesperson said the investment organization has “a strong team in Asia who will continue to build on the important portfolio in the […]
Evolving expectations, a shifting interest rate environment and the need to manage increasingly large asset bases for performance and for national and societal impact are transforming how and where institutional investors allocate capital, according to a new report by the Boston Consulting Group. It found in 2024, sovereign wealth funds and public pension funds accounted […]
Finance Minister Chrystia Freeland says today’s fall economic statement will remove the cap that currently restricts Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity. Freeland says this will make it easier for Canadian pension funds, which have more than $3 trillion in assets, to make […]
While both experts point to the obligation of the pension promise, one argues that many pension funds are already overweight in Canadian allocations, while the other cites these funds’ risk-return calibrations, highlighting the strategic assets available abroad. Jeremy Forgie, pension lawyer and senior counsel at Blake, Cassels & Graydon LLP Whether our governments should try […]
The Canada Pension Plan Investment Board is selling a portion of its stake in a real estate joint venture to its partner Unibail-Rodamco-Westfield SE. The investment organization’s partner is buying a 38.9 per cent stake in an off-market transaction, which will bring up its ownership stake to 89.9 per cent. According to a press release, […]
An article on the impact of Canadian pension income on federal and provincial tax revenues was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Canadian pension income adding $24.5BN to federal coffers in 2025: report 2. So long foosball, hello […]
A proposed high-speed rail project in Canada could open the doors to more infrastructure development using institutional investors’ capital, says Iftikhar Ahmed, global head of private equity infrastructure and energy transition at Aon. “I have no doubt that this will work and this will open the doors to more opportunities like that.” He says it’s […]