The Caisse de dépôt et placement du Québec and the Ontario Municipal Employees’ Retirement System are investing US$400 million in emerging market energy transition debt. The new investment commitment, which also includes Ninety One Ltd., the U.K.’s Legal and General Investment Management and the Wiltshire Pension Fund, will focus energy transition efforts across emerging markets, […]
Canadian pension plans are facing unforeseen taxation of dividends in European Union countries like Germany and the Netherlands, said the Pension Investment Association of Canada. In an open letter, the PIAC said its members have endured a discriminatory dividend taxation relative to settled European tax law and the free movement of capital within the EU […]
Only a quarter (24 per cent) of Canadian employees say their employer offers seasonal perks during the summer, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found the most common summer benefits include flexible summer hours (48 per cent), reduced work hours (39 per cent), casual dress […]
The Ontario Municipal Employees’ Retirement System’s infrastructure arm is partnering with an infrastructure investment fund managed and advised by DWS Group to acquire Italy-based Grandi Stazioni Retail. The operator manages the commercial and advertising spaces in 14 of the country’s major railway stations and hubs for its high-speed rail network. The financial details of the […]
The next generation of U.S. workers say health benefits (72 per cent), paid time off (63 per cent) and flexible schedules (61 per cent) are the most valuable forms of compensation that an employer can offer, according to a new survey by the National Society of High School Scholars. The survey, which polled more than […]
Nearly two-thirds (60 per cent) of U.S. employees currently use or have previously used virtual care as part of their health-care experience, according to a new report by Cigna Healthcare. It found 70 per cent of U.S. adults were likely to use digital health tools in the future and roughly three-quarters believe the tools would […]
On June 18, the Canadian Investment Review hosted a group of endowment and foundation investment executives, academics and money managers in Toronto for the 2024 Endowment & Foundation Investment Forum. Non-profit decision-makers, treasurers from endowments and foundations and leading industry experts shared their views, practices and theories to address the challenges and issues they face in the current economy. […]
The Association of Canadian Pension Management is urging the Ontario government to ensure its proposed amendment to the Succession Law Reform Act doesn’t introduce unintended confusion or ambiguities that would make it challenging for pension plan sponsors, administrators and trustees to carry out their duties. In an open letter, the ACPM said the language of the […]
The average Canadian defined benefit pension plan posted a median return of 1.1 per cent in the second quarter of 2024, according to a new report by RBC Investor Services. The report, which tracks performance and asset allocation across Canadian DB plans, also found that the plans saw a return of 4.4 per cent for […]
A majority (82 per cent) of Canadian companies have employment and retention programs focused on, or inclusive of, people with disabilities, according to a new report by advocacy group Disability:IN. It also found 71 per cent of U.S. employers have a requirement to ensure digital products are accessible and usable by individuals with disabilities, up […]