The Caisse de dépôt et placement du Québec is purchasing infrastructure developer and operator Plenary Americas, the North American branch of Plenary Group Ltd. As part of the deal, the Caisse is acquiring Plenary Americas’ operating business, as well as a controlling stake in its existing public-private partnership portfolio. Read: Caisse buys more shares in Indian solar […]
The California State Teachers’ Retirement System, together with the Japan’s Government Pension Investment Fund and the USS Investment Management Ltd., which manages funds for the U.K.’s Universities Superannuation Scheme, are calling for long-term sustainability to become a more prevalent concern for corporations and asset managers alike, in a joint statement released in early March. Systemics […]
The Colleges of Applied Arts and Technology pension plan’s funding status dipped slightly in 2019, to 118 per cent on a going-concern basis from 120 per cent in 2018. In its latest actuarial valuation report, the CAAT attributed the solid status to excellent investment returns over the past 10 years, as well as its membership […]
The Colleges of Applied Arts and Technology pension plan’s funding status dipped slightly in 2019, to 118 per cent on a going-concern basis from 120 per cent in 2018. In its latest actuarial valuation report, the CAAT attributed the solid status to excellent investment returns over the past 10 years, as well as its membership growth strategy, […]
The Caisse de dépôt et placement du Québec is acquiring 717,701 additional shares of Azure Power Global Ltd., bringing its total holdings in the company to 24,259,272 shares, or 50.9 per cent of the total outstanding stock. Azure Power is an independent Indian solar-power producer with a portfolio of assets generating more than seven gigawatts. “We have built […]
More than half (56 per cent) of Canadians work from home on a regular basis, according to a new survey by Epson Canada Ltd. Among this group, 61 per cent of respondents said they do so on a full-time basis, while 78 per cent said they do it to have a better work-life balance and more flexibility. Almost […]
Aon and Willis Towers Watson are set to join forces in an all-stock deal for a combined implied value of about $80 billion. The new company will be called Aon and will be headquartered in London. John Haley, Willis Towers Watson’s chief executive officer, will be the new firm’s executive chairman, while Greg Case, CEO of […]
Around International Women’s Day, many Canadian employers are once again talking about the importance of equality in the workplace. However, a new survey by Mercer, which polled senior leaders, human resources executives and employees around the globe, found there are many areas where companies could be doing more to make work more equitable for all. It found slightly more […]
Back in 1709, the poet Alexander Pope wrote that a little learning is a dangerous thing and a new study of defined contribution pension plan members finds this proverb still holds true today. The Invesco study, which compiled responses from 110 U.S. plan sponsors and more than 2,000 DC plan members, found that, while some DC plan members were […]
Amid growing concern over the coronavirus, North American employers are taking steps to protect their employees, according to a new survey by Willis Towers Watson. The initiatives include launching employee communication campaigns, reviewing human resources policies, expanding the number of employees working remotely and restricting travel to and from countries deemed to be high risk. […]