Compared to their global peers, Canada’s asset managers are more confident in their organizations’ data analysis abilities and less confident in their data management platforms, according to a new report by BNY Mellon Asset Management Canada Ltd. The report, based on the results of a survey of 200 asset managers across the globe, found almost […]
The Association of Canadian Pension Management is calling on Prince Edward Island’s pension regulator to amend the Employment Standards Act to facilitate auto-enrolment and auto-escalation features in workplace pension and savings plans. The current legislation includes language that would prohibit pension plan administrators from introducing automatic features in workplace plans, including capital accumulation plans such […]
As the coronavirus pandemic continues, a third (30 per cent) of Canadians have altered their career goals, with workers aged 40 and younger more likely to report their goals have changed, according to LifeWorks Inc.’s latest mental-health index. In addition, the survey, which polled 3,000 working Canadians, found that, although more than two-thirds (68 per cent) […]
While a majority (75 per cent) of Canadians are making their financial wellness a priority in 2022, only 52 per cent expressed confidence about the retirement plan they have in place and fewer (43 per cent) were confident they’re saving enough to retire how and when they want, according to a new survey by the Canadian […]
The Caisse de dépôt et placement du Québec alongside several partners are participating in a US$120 million Series B funding round for a global job search platform. The new funding will allow Talent.com to further expand to further its platform by improving the relevancy and efficiency of the search experience for job seekers, according to a […]
The Alberta Investment Management Corp. is appointing Paul Mouchakkaa as senior managing director and head of real estate, effective May 2, 2022. In the role, Mouchakkaa will lead the organization’s real estate investment team, currently responsible for a real estate portfolio comprising $18 billion in core domestic and opportunistic foreign program assets, according to a press release. “Paul […]
Nature-based mitigants to climate change will offer attractive risk-adjusted returns to investors, according to a new report from the Canada Pension Plan Investment Board. Natural carbon dioxide sinks, like forests, remove carbon dioxide from the atmosphere. By managing these natural assets, investors can monetize the carbon absorption through the sale of carbon credits. “Companies looking […]
While U.S. employees say most parts of their lives have improved since the coronavirus pandemic was declared in March 2020, their opinions on mental health are divided, according to a new survey by software company Qualtrics. The survey, which polled more than 1,000 employees, found that, while 31 per cent said their mental health has […]
India’s finance minister is calling on Canada’s pension plans to invest in infrastructure projects in the world’s most populous democracy. This week, Mary Ng, Canada’s minister of international trade, export, small business and economic development met with Nirmala Sitharaman, India’s minister of finance, to exchange views on opportunities to further economic cooperation between the two […]
More than a quarter (29 per cent) of Canadian employers say employee health and well-being is a top risk for companies, according to a new report by Aviva Canada Inc. The report, which analyzed responses from roughly 1,500 Canadian business leaders across a range of small and medium-sized enterprises and Canadian-headquartered multinational corporations, found employee […]