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Caisse co-investing in sustainable energy, AIMCo acquiring U.K. warehouses

The Caisse de dépot et placement du Québec is entering a co-investment collaboration targeting ventures in the sustainable energy sector. The three-year agreement between the Caisse and the BP-owned investment firm BP Ventures has already resulted in an investment in Bridge to Renewables Inc., which is developing software infrastructure to enable electric vehicles to interact with […]

  • December 16, 2021 December 16, 2021
  • 09:00

Pandemic affecting U.S. employees’ financial stress, productivity: survey

Both employees and human resources executives are seeing the impact of personal financial stress on work productivity and performance during the coronavirus pandemic, according to a new survey by Morgan Stanley at Work. While 82 per cent of employer respondents said they’re worried that personal financial issues are affecting employees’ work productivity, 64 per cent of […]

  • December 16, 2021 December 15, 2021
  • 09:00

Federal government extending pandemic aid for employers, employees

The federal government is extending several coronavirus pandemic aid measures as the pandemic rages on. During the economic and fiscal update on Tuesday, the government announced it’s extending the simplified rules for deducting home office expenses and increasing the temporary flat rate from $400 to $500 annually. In 2020, the government set out a temporary flat-rate […]

  • December 15, 2021 December 15, 2021
  • 09:00

City of Toronto delaying return-to-office plans due to Omicron variant

The City of Toronto is delaying recently announced return-to-office plans in the wake of the new Omicron coronavirus variant. All fully-vaccinated office-based employees with the City of Toronto were set to be back in the workplace, at least some of the time, starting on Jan. 4, 2022. That plan has now been put on ice […]

  • December 14, 2021 December 14, 2021
  • 15:00

Fewer coronavirus deaths in countries focused on social, governance issues: report

Countries with strong social and governance traditions are seeing fewer deaths and more economic stability during the coronavirus pandemic, according to a new report by FTSE Russell. “The analysis shows that investing in [environmental, social and governance] themes has overarching benefits, both for economies and investors,” wrote the report’s researchers. “While it results in more […]

  • December 14, 2021 December 14, 2021
  • 13:59

HOOPP appointing Lori Hall-Kimm as head of global private equity

The Healthcare of Ontario Pension Plan is appointing Lori Hall-Kimm as head of global private equity. In the new role, which takes effect on Jan. 24, 2022, Hall-Kimm will lead the development of a strategic and operational plan for private capital investments. She’ll join the HOOPP after five years at the Canada Pension Plan Investment […]

  • December 14, 2021 December 13, 2021
  • 09:00

CPPIB invests in clean energy provider, OMERS subsidiary enters industrial property joint venture

The Canada Pension Plan Investment Board is investing US$300 million in a British alternative energy company. According to the terms of the strategic partnership agreement, the CPPIB’s initial capital contribution will be used to fund the expansion of the Octopus Energy Group’s Kraken platform, a licensed software used to grow the company’s retail strength and […]

  • December 14, 2021 December 13, 2021
  • 09:00

Employer, employee views on well-being support shows major disconnect: survey

While nearly half (47 per cent) of global human resources leaders said their company supports employee well-being, just 24 per cent of employees agreed, according to a new survey by Achievers Workforce Institute. The global survey, which polled more than 2,000 employees and 950 HR leaders from Australia, Canada, the U.K. and the U.S., found […]

  • December 13, 2021 December 13, 2021
  • 15:00

Pinterest expanding parental, fertility benefits offerings

Pinterest is expanding its parental and fertility benefits offerings, including the addition of two rounds of in vitro fertilization and egg freezing. The social media company’s enhanced benefits — available to all employees worldwide — also include a minimum of 20 weeks of parental leave for all parents, while adoptive parents will now have 20 weeks […]

  • December 13, 2021 December 10, 2021
  • 09:00

Ontario recommending introduction of new portable benefits program

A new report by the Ontario government’s advisory committee on the future of work is recommending the introduction of a new portable benefits program. The Ontario Workforce Recovery Advisory Committee, which delivered its interim report this summer, set out 21 recommendations, including supporting workers who fall outside the purview of traditional benefits programs. The report […]

  • December 10, 2021 December 9, 2021
  • 09:00