Whether Prime Minister Justin Trudeau’s promise to enhance the CPP can shift from being a mere campaign pledge to becoming reality hinges on the provinces—and especially on Quebec. As the first province to approve the federal government’s pooled registered pension plan (PRPP) and set a deadline for implementation, Quebec is being watched closely by other […]
Voice over exit. That’s the succinct phrase Alberta Investment Management Corporation (AIMCo) uses to describe its philosophy on sustainable investing, preferring to engage with companies, rather than divesting.
Ottawa’s proposal to consider eliminating the 30% limit for pension funds investing in a company could dramatically improve the country’s infrastructure environment, according to one expert.
Why pension plans are straying from equities and bonds and moving into homes and highways
After years of tepid growth, assets managed using responsible investment (RI) criteria jumped to $1 trillion as of Dec. 31, 2013, a 68% increase from the last survey conducted in 2011.
Ottawa is urging the provinces to move forward on pooled registered pension plans (PRPPs), noting in this year’s federal budget that the federal PRPP regulatory framework has been fully implemented.
The federal government hiked the eligibility age for Old Age Security (OAS) to 67 from 65 reflecting the reality that Canadians are living longer and healthier lives, and may prefer to keep working.
The Supreme Court of Canada says the federal government does not have the power to unilaterally create a national securities regulator through legislation, but reaction to the decision suggests there might still be a way forward, through federal and provincial co-operation.
Socially responsible assets in Canada dropped marginally to $531 billion as of June 30, 2010, compared with $579 billion in 2008, according to the biennial SRI review, released today by the Social Investment Organization. However, SRI still represents about one-fifth of total Canadian assets under management, about the same level as 2008. “SRI has held […]
Seniors, students and job-seekers will see some additional benefits from this year’s budget, introduced today in Ottawa. But those benefits are relatively minor, and may not be enough to appease the opposition parties, who are threatening to topple the government and trigger a federal election. “We believe that the honourable members in the opposition will […]