The Caisse de dépôt et placement du Québec is providing a loan to LCI Education, a Quebec-based network of higher education institutions. The financing aims to help the LCI accelerate its online education initiatives and pursue its international expansion. Further, it aims to support its family business succession process. “LCI Education was a forerunner in […]
Cadillac Fairview, the real estate investment arm of the Ontario Teachers’ Pension Plan, is launching a mobile app to help people use its shopping centres more safely and efficiently. The app, called LiVE, provides users with a comprehensive mall directory, giving them navigation cues to help them plan the most efficient shopping routes. It also […]
As part of a new collective agreement ratified earlier this year, employees at Hamilton, Ont.-based Vopak Terminals have joined the Colleges of Applied Arts and Technology pension plan’s DBPlus arrangement, effective June 1, 2020. With the change, these employees, who are members of Unifor, move from a defined contribution plan into a defined benefit plan. Since […]
The majority (95 per cent) of global employers said they include emotional and mental-health programs in their corporate well-being platforms, according to a new survey by Business Group on Health and Fidelity Investments Inc. The survey, which was fielded last fall and prior to the coronavirus pandemic, found the most common mental-health and well-being offerings […]
Retail equity investors may be outperforming investors with far more expertise as markets grapple with the coronavirus fallout and recovery. A report from Goldman Sachs Group showed that a portfolio of stocks popular among retail investors surged 61 per cent since bear market trough, compared to a 45 per cent gain seen for stocks favoured […]
The Caisse de dépôt et placement du Québec is introducing a new structure to maximize its impact in technology. The integrated approach aims to leverage technology for performance, both in investment and risk management activities, as well as in transforming the organization. “For many years now, CDPQ has made the integration of disruptive technology a strategic priority,” […]
Three-quarters (75 per cent) of global employees said they feel their employers have been taking care of their well-being during the coronavirus pandemic, according to a new survey by human resources organization Randstad. Among Canadian survey respondents, this figure increased to 77 per cent. Around the same percentage (76 per cent) of global workers said […]
More than half (55 per cent) of Canadians said they don’t know how to find virtual-care services, according to a survey by Sun Life Canada’s online health network Lumino Health. Half (49 per cent) of survey respondents reported the coronavirus pandemic is having negative effects on their physical health and nearly 60 per cent reported […]
Quebec-based pension fund Bâtirente reached $764.3 million in assets under management as of Dec. 31, 2019, an increase of 15.6 per cent on the previous year, according to its latest annual report. The fund also boasted 22,861 plan members in 2019 — a growth of 4.9 per cent over 2018 — from 318 organizations across […]
While Foodora announced in April that it’s shutting down its Canadian operations, its Toronto and Mississauga drivers, nevertheless, have voted to join the Canadian Union of Postal Workers, making them the first app-based workforce to unionize. “The truth is free — we are a union and we deserve respect and rights from our employer,” said Iván Ostos, a […]