Vestcor Inc. achieved an overall investment portfolio return of 12.2 per cent as at Dec. 31, 2024, surpassing its benchmark by 0.1 per cent. In a report, the New Brunswick-based investment manager said its total assets grew by $2 billion to $23.1 billion in 2024. Read: Vestcor returns 7.5% for 2023, amid rising inflation, high […]
The majority (91 per cent) of Canadian employers are planning to benchmark their benefits plan against market practices to remain competitive, with half (49 per cent) prioritizing this for next year and 42 per cent for the next three years, according to a new survey by MercerMarsh Benefits. The survey, which polled nearly 350 employers […]
Two-fifths (40 per cent) of Canadian employees say they feel constantly stressed out, according to Telus Health’s latest mental-health index. The survey, which polled roughly 3,000 employees, found the average mental-health score was 63.2 in January, down slightly from December when it was 63.5. Anxiety (56.5) continued to be the lowest mental-health sub-score, followed by isolation […]
The Caisse de dépôt et placement du Québec is reporting nearly 80 per cent, or $330 billion, of its total portfolio is invested in assets with a low-carbon footprint. In its latest sustainable investing report, the Caisse said it holds $6.2 billion worth of transition assets looking to decarbonize their operations. The investment organization exceeded […]
Extended periods of unemployment are impacting workers’ skills and mental health while making it more difficult for employers to fill open roles, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 employers and 500 employees, found among unemployed workers, more than a […]
Two-thirds (64 per cent) of global employees in the ‘sandwich generation’— defined as those who are caring for young children and ageing parents — say they’ve experienced depression and anxiety, according to a new report by wellness platform Cleo. The report, based on more than 12,000 user assessments, found among the sandwich generation, half (51 […]
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 how incoming health-care legislation could impact plan sponsors’ virtual care offerings 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. How national health-care legislation could impact benefits plan sponsors’ virtual care offerings 2. Labatt attracting, […]
The funded position of a typical Canadian defined benefit pension plan increased both on a solvency and accounting basis in January, according to Telus Health’s latest pension index. It found the average funded position increased slightly on a solvency basis from 100 per cent to 101.6 per cent at the end of the month. On […]
The Investment Management Corp. of Ontario is reporting a weighted average net return of 9.9 per cent as at Dec. 31, 2024. At the end of the year, the investment organization’s net assets under management grew to $86 billion, compared to $77.4 billion at the end of 2023. The IMCO’s annualized long-term results were 4.2 […]
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