The Caisse de dépôt et placement du Québec, along with French utility company Engie, is acquiring the remaining 10 per cent stake in Brazilian oil and gas transportation network company Transportadora Associada de Gás. Together, the two entities bought 90 per cent of the enterprise in 2019. The latest transaction is valued at about €160 million and brings Engie’s […]
As lockdown restrictions begin to lift and companies co-ordinate their return-to-work processes, more than half (55 per cent) of Canadian employees said they’d prefer to work from home more frequently, while 41 per cent agreed the era of the 9-to-5 workday is now over, according to a new survey by multinational software company Citrix Systems […]
Even before the coronavirus pandemic, U.S. employers were beefing up their financial well-being offerings and starting to see positive results, according to a new survey by Buck. The survey, which polled more than 150 U.S. organizations, found employees’ financial stress is a top motivator for companies to invest in financial well-being programs. As well, 40 […]
Scotiabank is launching a series of initiatives to increase its workforce diversity and eliminate racial discrimination in the workplace. The bank is using its recently released leader guides to arm employees and managers with practical information on identifying racism, racial harassment and discrimination in the workplace and to help them build up their confidence to […]
The Canada Pension Plan Investment Board is adding Boon Sim to its board of directors. Sim held senior leadership roles at Singapore-based investment house Temasek International between 2012 and 2017, most recently as president for the Americas, head of markets groups and head of life science and credit portfolios. Prior to his time at Temasek, he […]
The Ontario Municipal Employees Retirement System is acquiring a 19.99 per cent stake in TransGrid, an Australian electricity infrastructure company. The organization’s high-voltage transmission network connects around eight million people to the electricity supply. With a high proportion of regulated business making up about 90 per cent of its leased assets, TransGrid offers investors like […]
The Ontario Municipal Employees Retirement System is acquiring a 19.99 per cent stake in TransGrid, an Australian electricity infrastructure company. The organization’s high-voltage transmission network connects around eight million people to the electricity supply. With a high proportion of regulated business making up about 90 per cent of its leased assets, TransGrid offers investors like […]
The Association of Canadian Pension Management is calling on the Ontario government to consider amending the Employment Standards Act and the Pension Benefits Act to allow for auto-enrolment and auto-escalation features in capital accumulation plans. Specifically, it’s suggesting the government allow employers to automatically deduct employee contributions from payroll to facilitate these features. “The shift […]
The Association of Canadian Pension Management is calling on the Ontario government to consider amending the Employment Standards Act and the Pension Benefits Act to allow for auto-enrolment and auto-escalation features in capital accumulation plans. Specifically, it would like the government to allow employers to automatically deduct employee contributions from payroll to facilitate these features. […]
iA Financial Group is launching a service for its group plan members to target major mental-health issues that contribute to absenteeism and disability claims. The new mental-health coaching service, which will be managed by health services provider Novus Health, is set to launch on Aug. 1, 2020 and will be provided to plan members for […]