Canada’s largest pension fund manager is committing $1 billion for energy infrastructure acquisitions in Western Canada, in partnership with a private Calgary-based firm with expertise in the sector.
Canada's seniors have edged out the number of children under the age of 14, according to the latest population figures that experts say contain further evidence of a long-projected shift in the country's demographic makeup.
The British Columbia government is announcing new standards for workplace pension plans, creating options that could be activated even before an employee retires.
CIBC plans to set formal targets this year for the number of women on its board of directors and in executive officer positions, the bank's CEO said Tuesday.
It could cost the federal government $3.3 billion over the next year to implement strategies that will help it cope with Canada’s aging population, says a new report by the Conference Board of Canada and the Canadian Medical Association.
NDP leader Tom Mulcair went to a Liberal-held riding today to announce he plans to work with the provinces to support universal prescription drug coverage—but the party is not classifying their promise as a national pharmacare plan.
The OECD has lowered its estimate for Canada’s economic growth this year to 1.1%—down 0.4 of a percentage point—as weakened conditions in recent months affect many countries around the world.
Liberal Leader Justin Trudeau turned his attention to seniors in Toronto this morning, promising to enhance Canada's pension plan and boost incomes for low-income seniors.
The federal government posted a surprise $1.9-billion surplus in 2014-2015, which brings the country’s books back into balance a year earlier than expected.
Statistics Canada says the amount the debt-to-disposable income ratio rose to from 163% to 164.6% in Q2 2015. For every dollar of disposable income, Canadians owed nearly $1.65 in credit market debt. That includes consumer credit and mortgage and non-mortgage loans. Read: Should saving for your kids’ education trump saving for retirement? Overall, total household […]