Staff

CPPIB proxy voting policy targeting sustainability, board term lengths and diversity: report

The Canada Pension Plan Investment Board is warning corporate board directors that any companies failing to consider climate risks, adopting multiple-year term lengths or lacking in female representation won’t receive its support during shareholder votes, according to a new report. “How we select investments and hold management accountable to manage these factors can enhance or erode […]

  • September 29, 2022 September 30, 2022
  • 12:00

AIMCo opening second office in Alberta

The Alberta Investment Management Corp. is opening a new Calgary satellite office as part of a strategy to better capture investment opportunities within its home province. “Our decision to establish a formal presence in Calgary provides AIMCo a truly pan-Alberta footprint from which to further drive efficiencies in Alberta-based investment opportunities, enabling us to continue […]

  • September 29, 2022 September 27, 2022
  • 12:00

Majority of plan sponsors believe they promote diverse, inclusive workplace: survey

The vast majority (91 per cent) of plan sponsors believe they promote and support a diverse and inclusive workplace, with 44 per cent strongly agreeing with this statement, according to the 2022 Benefits Canada Healthcare Survey. The results were consistent among employers in both the public (89 per cent) and private (92 per cent) sectors, as […]

  • September 29, 2022 September 28, 2022
  • 09:00

Amendments to bankruptcy, insolvency legislation could disincentivize DB pension plan sponsors, say ACPM, PIAC

The Association of Canadian Pension Management and the Pension Investment Association of Canada are among the organizations saying proposed amendments to the federal Bankruptcy and Insolvency Act could negatively impact defined benefit pension plans. In an open letter to the House of Commons standing committee on finance, the ACPM and the PIAC — along with […]

  • September 29, 2022 September 28, 2022
  • 09:00

Majority of employers say hybrid work is challenging confidence in employee productivity: survey

More than eight in 10 (85 per cent) global company leaders say the shift to hybrid work has challenged their confidence in employee productivity, according to a survey by Microsoft Corp. It found while 87 per cent of employees said they believe they’re productive at work, just 12 per cent of people leaders said they […]

  • September 28, 2022 September 28, 2022
  • 15:00

72% of benefits plan members satisfied with working from home: BCHS

Nearly three-quarters (72 per cent) of Canadian benefits plan members say they’re extremely or very satisfied with working from home, according to the 2022 Benefits Canada Healthcare Survey. It found levels of extreme or very high satisfaction were highest among those who also felt most productive working from home (89 per cent) and who were in […]

  • September 28, 2022 September 27, 2022
  • 09:00

Caisse developing French residential properties, HOOPP expanding U.K. industrial site

The Caisse de dépôt et placement du Québec is entering a strategic partnership to develop affordable housing in France. The investment organization’s real estate arm, Ivanhoé Cambridge, has signed a partnership agreement with CDC Habitat, a subsidiary of the French sovereign investment fund Caisse des dépôts et consignations. The partnership will develop houses in France’s […]

  • September 27, 2022 September 27, 2022
  • 12:30

Alberta’s DB pension funding rules fail to balance sustainability, affordability: ACPM

The Association of Canadian Pension Management is taking aim at the Alberta government’s funding rules for private sector defined benefit pension plans. In its response to consultation draft of potential legislative and policy updates for private sector pension laws, the ACPM wrote that the province’s existing funding requirements fail to appropriately balance benefit security with […]

  • September 27, 2022 September 27, 2022
  • 12:30

Ontario Teachers’ appointing Deepak Dara to lead new Indian office

The Ontario Teachers’ Pension Plan is opening an office in Mumbai, India, which will be headed up by Deepak Dara, currently chief of staff to the pension fund’s chief investment officer. According to a press release, the Ontario Teachers’ expects the new office to help source investments, nurture long-term partnerships and attract local talent. It […]

  • September 27, 2022 September 27, 2022
  • 11:45

Investor Leadership Network publishes report detailing transition strategies

Six of the leading Canadian pension asset managers are sharing details of their energy transition strategies in a new report by the Investor Leadership Network. The report, which highlights the complexity of climate transition investing, received contributions from the Alberta Investment Management Corp., the Caisse de dépôt et placement du Québec, the Canada Pension Plan […]

  • September 27, 2022 September 28, 2022
  • 11:30