Doubts about the demand for electric vehicles in the U.S. is creating new questions around the development of the Canadian lithium-ion battery industry, says Jon Wojnicki, a partner at EY Canada. “The Canadian battery landscape has sort of gone soft. People have made the announcements, they say they’re moving forward, but I’ve got to believe […]
The Ontario Teachers’ Pension Plan is selling its remaining 19.9 per cent free cash flow interest held in a mining asset to New Gold Inc. The transaction of the New Afton mine will net the investment organization US$300 million. Last year, the Ontario Teachers’ reduced its stake from 46 per cent to 19.9 per cent […]
An article on a series of court cases dealing with remote working arrangements in Quebec 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. Quebec’s approach to remote workers’ rights holds lessons for other provinces: lawyer 2. How […]
Quebec’s approach to legislation impacting remote workers’ rights holds lessons for the rest of Canada, says Geneviève Beaudin, a Montreal-based partner in Lavery de Billy LLP’s labour and employment law group. “There have been five cases in Quebec that focus on the meaning of ‘establishment’ [in a remote working arrangement] which is central to labour […]
The Public Sector Pension Investment Board, along with partner Investcorp, is investing in accounting firm PKF O’Connor Davies LLP. According to a press release, the new investment will give the firm more flexibility to pursue mergers and acquisitions as well as invest in new technology and service lines. The financial details of the transaction weren’t […]
Éric Trudel’s long leadership and oversight tenure across roles in the insurance industry resulted in a win at Benefits Canada’s 2024 Workplace Benefits Awards on Oct. 18. The executive vice-president and leader of group insurance at Beneva Inc. won the Industry Leadership award for his commitment to resourceful solutions for both benefits plan members and […]
The Caisse de dépôt et placement du Québec is investing $60 million in the first round of a private equity fund created by BDG & Partners Financial Corp. The fund, which has so far raised $240 million, aims to acquire controlling interests of Canadian mid-sized companies operating in manufacturing, food, distribution and specialized services, according […]
A recent Quebec Superior Court decision has unleashed uncertainty over the liabilities of companies and their directors when a pension deficit appears in the context of a reorganization. The court authorized a group of defined benefit pension plan members to proceed with a $65 million class action against companies involved in a 2011 reorganization. The […]
The Caisse de dépôt et placement du Québec is investing $575 million in Montreal-based natural gas company Énergir. The investment, which will be made in partnership with the Fonds de solidarité FTQ, is designed to fund a decarbonization and resilience strategy at Énergir and will fund renewable energy projects and renewable natural gas production plants, according […]
An article on the nuances of Quebec’s pension laws 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. What should employers know about Quebec’s pension legislation? 2. Ontario’s new regulations for publicly advertised jobs providing transparency for job-seekers: expert 3. Canadian […]
aHR0cHM6Ly93d3cuYmVuZWZpdHNjYW5hZGEuY29tL3RhZy9xdWViZWMv(U2NyZWVuSGVpZ2h0)NzIw(U2NyZWVuV2lkdGg)MTI4MA(T0ZTWVNfUmVmZXJyZXI)(dmlzaXRvcktleQ)clFleVVidDI(dmlzaXRLZXk)ZFJOTTR1Slc){kind=small}