RBC – Benefits Canada.com

New York City pension funds reach deal with RBC over clean energy funding disclosure

bmcgovern — Wed, 10 Apr 2024 19:00:13 +0000

The New York City Employees’ Retirement System, Teachers’ Retirement System and Board of Education Retirement System signed an agreement with the Royal Bank of Canada to publicly disclose its financing ratio of low-carbon energy to fossil fuels. The investment organizations are mandating RBC, as well as Citigroup Inc. and JPMorgan Chase & Co., to adhere […]

The post New York City pension funds reach deal with RBC over clean energy funding disclosure appeared first on Benefits Canada.com.

New York City pension funds pushing RBC to disclose clean energy funding

bmcgovern — Wed, 07 Feb 2024 20:00:55 +0000

Two New York City pension funds are pushing the Royal Bank of Canada to disclose more details on its clean energy funding. The shareholder resolution filed by the New York City Employees’ Retirement System and Teachers’ Retirement System of the City of New York asks that the bank fully report a ratio of how its clean […]

The post New York City pension funds pushing RBC to disclose clean energy funding appeared first on Benefits Canada.com.

BCI and partners’ real estate fund completes $805 million closing, PSP invests in insurance-linked strategy

mschmit — Thu, 05 Nov 2020 05:10:17 +0000

A real estate fund created by the British Columbia Investment Management Corp., QuadReal Property Group and RBC Global Asset Management Inc. is receiving $805 million in equity commitments from Canadian institutional and individual investors. The second round, which closed on Oct. 30, 2020, exceeded subscription targets and comes on the heels of the initial closing […]

The post BCI and partners’ real estate fund completes $805 million closing, PSP invests in insurance-linked strategy appeared first on Benefits Canada.com.

Bank of Canada survey says business hiring plans remain muted due to pandemic

mschmit — Tue, 07 Jul 2020 04:25:04 +0000

The Bank of Canada’s latest review of business and consumer expectations has revealed how widespread uncertainty is muting rehiring and purchasing plans, published days before a federal update gives the Liberals’ outlook for the economy. The central bank’s business outlook survey suggested about half of firms foresee a rebound in their sales within the next […]

The post Bank of Canada survey says business hiring plans remain muted due to pandemic appeared first on Benefits Canada.com.

Climate change, aging population major economic factors in forecast for 2020s

mschmit — Mon, 06 Jan 2020 05:08:30 +0000

A new economic report says the next decade in Canada will increasingly be shaped by the twin forces of climate change and demographic disruption from an aging population. “By 2030, Canada’s economy could look significantly different,” says the RBC report released Monday, dubbed Navigating the 2020s. “A country whose economic identity has long been bound […]

The post Climate change, aging population major economic factors in forecast for 2020s appeared first on Benefits Canada.com.

DB plans show positive Q1 growth: RBC

mschmit — Tue, 16 May 2017 07:25:05 +0000

Defined benefit pensions maintain positive growth at the start of 2017.

The post DB plans show positive Q1 growth: RBC appeared first on Benefits Canada.com.

Canadian Banks’ Bonds Outperform Global Peers

mschmit — Wed, 26 May 2010 06:02:53 +0000

RBC and Scotia top the rest.

The post Canadian Banks’ Bonds Outperform Global Peers appeared first on Benefits Canada.com.