On April 10-12, the Canadian Investment Review hosted a group of delegates, including defined benefit plan sponsors, asset managers and academics, in Alberta for the 2024 Global Investment Conference. The three-day conference kicked off with a deep dive into key geopolitical risks affecting international trade that will have reverberations in global and regional investment strategies. As well, […]
In an open letter, John Graham, president and chief executive officer at the Canada Pension Plan Investment Board, defended the the investment organization’s current exposure to domestic markets. Canadian pension funds have recently faced criticism from business leaders about what they deemed an apparent lack of support and a preference for global investment opportunities. Graham […]
More than two-thirds (68 per cent) of Canadian employees say the rising cost of food and groceries is heavily affecting their stress levels during work hours, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found planning for major expenses (62 per cent) and the rising cost […]
An article on the federal government’s national pharmacare bill receiving approval in the House of Commons was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Pharmacare bill passes in House of Commons, heads to Senate 2. 32% of Canadian SMEs facing […]
Six Quebec municipalities are among Canada’s top 10 locations for work-life balance, according to a new report by real estate research firm Point2. The report analyzed Canada’s 100 largest cities using data from Statistics Canada’s 2021 census and ranked each municipality based on 30 metrics covering work intensity, health and well-being and liveability. Read: Canada […]
The issuance of emerging market green bonds linked to sustainability and social factors is expected to grow at an annual rate of 7.1 per cent between 2023 and 2025, according to a new report by Amundi Asset Management and the International Finance Corp. It found in 2023, emerging market green bonds surged 45 per cent […]
While a majority (82 per cent) of Canadian employees say summer flexible working policies help reduce burnout, 42 per cent say they’re less productive during the summer, according to a new survey by Dayforce Inc. The survey, which polled more than 2,800 full-time employees in Canada, the U.S. and the U.K., found more than half […]
The Caisse de dépôt et placement du Québec’s $200 million loan to Gildan Activewear Inc. is in question amid a dispute within the company on the appointment of a new executive leader and the formation of a new board of directors, according to a report by the Canadian Press. Chief executive officer Glenn Chamandy told […]
The union representing more than 460 employees at Nestlé in Toronto has ratified a three-year collective agreement that includes pension and benefits gains, ending a strike that began on May 5. The agreement includes a $1 increase each year in the defined benefit pension plan for non-skilled trades and $2 each year for skilled trades. […]
Canadian pension funds invested $2.6 billion in the Asia-Pacific region in 2023, according to a new report by the Asia Pacific Foundation of Canada. It found that between 2003 and 2023, roughly 30 per cent of all Canadian investment flows in the Asia-Pacific region were made by pension funds, noting investment flows began growing in the […]