The Association of Canadian Pension Management is calling on the Ontario government to consider amending the Employment Standards Act and the Pension Benefits Act to allow for auto-enrolment and auto-escalation features in capital accumulation plans. Specifically, it would like the government to allow employers to automatically deduct employee contributions from payroll to facilitate these features. […]
The Caisse de dépôt et placement du Québec has released its annual report, highlighting the results previously announced on Feb. 20, including a return of 10.4 per cent for 2019 and a growth in net assets of $30.6 billion for the year. “2019 was a good year for investors – markets experienced one of their […]
Changes to Quebec’s pension legislation, including a move away from solvency funding requirements and the introduction of a cost-sharing model, against the backdrop of a low interest rate environment has had a major influence on the City of Montreal’s pension investment strategy. The City manages six plans under one pooled portfolio. The assets from all […]
Alberta Premier Jason Kenney says there’s a “compelling case” to be made for his province to exit the half-century-old Canada Pension Plan, an idea sure to face increasing scrutiny over the coming months. With growing frustrations in his province about its place in the federation, Kenney has revealed that a deeper analysis is on the […]
New DB pension proposals in Quebec, Ontario tackle annuity purchases.
Invesco, Caisse make their positions known on Lowe's takeover.