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Institutional investors calling on companies to do more around disability inclusion

A group of U.S. institutional investors, including public pension funds, representing more than US$1 trillion is calling on investee companies to do more to include people with disabilities in the workforce. “Disability inclusion provides businesses with a great opportunity to improve their bottom lines, while boosting diversity and innovation,” said one of the statement’s signatories, […]

  • May 21, 2019 January 10, 2021
  • 09:39

Fiera to acquire Foresters’ asset management business

Fiera Capital Corp. is acquiring Foresters Life Insurance Co.’s asset management business in an effort to beef up its offering for institutional clients, according to Jean-Philippe Lemay, Fiera’s president and chief operating officer. Montreal-based Fiera will buy Foresters Asset Management Inc., Foresters’ Toronto-based investment management subsidiary that’s focused on institutional and insurance liability-driven investment. The terms […]

  • May 17, 2019 January 10, 2021
  • 09:45

Institutional investors support anti-extremism effort in wake of Christchurch attack

A group of 55 New Zealand and global institutional investors representing more than NZ$5 trillion in assets under management have added their support to the Christchurch Call. The initiative, spearheaded by New Zealand Prime Minister Jacinda Ardern and French President Emmanuel Macron, was launched at a summit attended by world leaders in Paris on Wednesday. […]

  • May 17, 2019 January 10, 2021
  • 08:45

Medavie launches pharmacogenetic testing pilot

Medavie Blue Cross is launching a pharmacogenetic testing pilot project to help group benefits plan members find ideal medication and dosing amounts. The project uses GeneYouIn Inc.’s Pillcheck cheek-swab DNA test, analyzing patients’ genes to understand how their bodies might process certain medications. After the test, the swabs are destroyed for patient privacy. While the project will initially […]

  • May 16, 2019 September 17, 2019
  • 15:45

Ontario Teachers’ sells stake in renewables firm, PSP joins Nestle subsidiary acquisition

The Ontario Teachers’ Pension Plan is selling its stake in BluEarth Renewables Inc. to DIF Infrastructure V, a European independent infrastructure fund. The Ontario Teachers’ was a founding shareholder in BluEarth, an independent renewable power producer that builds, owns and operates solar, hydro and wind facilities in North America. Following the sale, DIF V will own […]

  • May 16, 2019 January 10, 2021
  • 15:01

CPP fund reaches $392 billion at 2019 fiscal year-end

The Canada Pension Plan fund ended its fiscal year on March 31, 2019, with net assets of $392 billion, compared to $356.1 billion at the end of fiscal year 2018. The $35.9 billion increase was made up of $32 billion in net income and $3.9 billion in net CPP contributions. Overall, the fund’s return for the year […]

  • May 16, 2019 January 10, 2021
  • 09:00

CMHA releases guide for workplace impairment policies

The Canadian Mental Health Association is publishing a free resource to help employers develop new workplace impairment policies or update their existing ones. The guide’s goal is to promote mental health and wellness in the workplace and help employers understand their legal requirements, according to a press release. When creating policies focused on impairment, the resource recommended employers […]

  • May 15, 2019 November 30, 2020
  • 15:15

Caisse invests in Chile ports, Ivanhoé Cambridge launches real estate platform

The Caisse de dépôt et placement du Québec, through its investment platform with port and terminal operator DP World, is taking on a 45 per cent interest in DP World Chile, which operates terminals in Puerto Central and Puerto Lirquen. The terminals, which serve Chile’s main consumption and industrial centres, join a portfolio of ports […]

  • May 15, 2019 January 20, 2021
  • 15:00

OPTrust highlights climate change, gender diversity in report

The OPSEU Pension Trust is highlighting its responsible investing efforts in its fourth yearly report. The report’s key themes included the pension fund’s focus on better measuring its exposure to climate change risk and promoting of gender diversity. On climate change, the OPTrust is aiming to get more and better quality information from portfolio companies on these issues. As well, the […]

  • May 15, 2019 January 10, 2021
  • 08:30

Distressed workers lose eight days a month in productivity: research

Employees dealing with mental-health or other well-being issues spend more than a third of their time at the office being unproductive, according to new research by Morneau Shepell Ltd. and the International Employee Assistance Professionals Association. The research found this ineffective time at work adds up to eight days a month of lost productivity. The same […]

  • May 15, 2019 November 30, 2020
  • 08:12