Home Staff

Caisse supporting Uni-Select acquisition, Ontario Teachers’ participating in construction company buy back

The Caisse de dépôt et placement du Québec is selling its stake in a Quebec-based automotive aftermarket equipment manufacturer. Last week, Uni-Select Inc., which manufactures paint and refinishing products for the automotive aftermarket sector, held an extraordinary shareholder meeting to vote on a $2.8 billion acquisition offer. The deal came from LKQ Corp., a Chicago-based […]

  • May 18, 2023 May 18, 2023
  • 12:30

90% of employers maintaining investments in employee well-being: survey

Nearly all (90 per cent) global employers say they plan to maintain investments in employee well-being and a third (31 per cent) say they’re planning to increase these investments amid the current economic environment, according to a new survey by Fidelity Investments and Business Group on Health. The survey, which polled more than 180 employers, […]

  • May 18, 2023 May 17, 2023
  • 09:00

Manitoba, NL formally join multi-jurisdictional pension plan agreement

Manitoba and Newfoundland and Labrador have officially ratified an agreement on multi-jurisdictional pension plans, which will come into effect on July 1.  In March, the two provinces announced their intention to sign the agreement, which had previously been adopted by every other province except Prince Edward Island. The agreement’s adoption was contingent on an amended […]

  • May 16, 2023 May 16, 2023
  • 12:30

2022 Pension Leadership Awards winners announced

The Canadian Investment Review is proud to announce the winners of the third annual Pension Leadership Awards. The winners are: Investment Officer of the Year Award: Duncan Burrill, chief executive officer, CBC Pension Plan Sustainable Investing Award: The University Pension Plan Innovation in DC Investment Award: Carol Craig, director of human resources, Telus Pension Plan Communications Award: […]

  • May 16, 2023 June 6, 2023
  • 08:00

UPP appointing Karen Rowe as chief financial officer

The University Pension Plan is appointing Karen Rowe as its chief financial officer. In the new role, she’ll oversee the teams responsible for the UPP’s corporate finance, investment finance and operations functions. Rowe will also collaborate with the UPP’s leadership team and board to provide strategic leadership, advice and counsel on operational processes and business […]

  • May 15, 2023 May 15, 2023
  • 15:00

Median solvency ratio of Ontario DB pensions rose to 115% in Q1 2023: report

The median solvency ratio of Ontario defined benefit pension plans rose during the first quarter of 2023, from 112 per cent at the beginning of the year to 115 per cent at the end of March, according to the Financial Services Regulatory Authority of Ontario’s latest pension solvency report. During the quarter, pension fund investment returns averaged […]

  • May 15, 2023 May 12, 2023
  • 09:00

Just 43% of global employees say they can choose where they work: survey

While nearly three-quarters (71 per cent) of global employees say they want a hybrid or remote working arrangement, just 43 per cent say they’re able to work in the location of their choice, according to a new survey by software company Ivanti. The survey, which polled more than 8,400 employees, found workers would be willing […]

  • May 15, 2023 May 15, 2023
  • 09:00

36% of working moms willing to take pay cut in exchange for remote work: survey

More than a third (36 per cent) of Canadian working mothers say they’d accept a salary reduction in exchange for a fully remote working arrangement, compared to 29 per cent of working fathers, according to a new survey by Robert Half Canada. The survey, which polled more than 1,100 employees, found more than half (57 […]

  • May 12, 2023 May 11, 2023
  • 09:00

Parliamentary subcommittee investigating Canadian public sector pension allocations to China

Representatives from six of Canada’s largest public sector pension investment organizations addressed a special parliamentary committee on Monday. The special committee on the Canada–People’s Republic of China Relations called on the British Columbia Investment Management Corp., the Canada Pension Plan Investment Board, the Caisse de dépôt et placement du Québec, the Ontario Teachers’ Pension Plan […]

  • May 11, 2023 March 28, 2024
  • 12:30

Canadian DB pension plan assets rise 1.9% in April: report

A typical Canadian defined benefit pension plan’s funded position improved on a solvency basis and decreased on an accounting basis in April as a result of the strong performance of domestic equities and decreases in bond yields, according to a new report by Telus Health. During the month, the solvency of the typical Canadian DB […]

  • May 11, 2023 May 11, 2023
  • 12:00