The use of factor investing is on the rise among institutional investors, according to a new global survey by Invesco. “Factor investing has shifted from academic theory to an actionable strategy for global investors and the study allows us to understand what issues are key to their investment decisions,” said Mo Haghbin, chief operating officer of […]
The Liberal Party of Canada is set to form a minority government after Tuesday’s federal election when it won 157 out of 338 seats. While the party made few health-care and pension promises in its election platform, the win puts a spotlight on the Liberals’ 2019 budget promises. Most notably, following the release of the final expert panel’s […]
Canada’s retirement system jumped one spot to ninth place in Melbourne Mercer’s annual global pension index. Comparing 37 global retirement systems, the report found the Canadian system showed improvement partly due to the growth in assets under the Canada Pension Plan and the Quebec Pension Plan. It also demonstrated a link between the increasing household debt in developed and […]
The Public Sector Pension Investment Board and the Alberta Teachers’ Retirement Fund Board are acquiring all issued and outstanding common shares of AltaGas Canada Inc. The Canadian company holds natural gas distribution utilities, as well as renewable power generation assets. In the transaction, the cash offering of $33.50 per common share is an approximate 31 per cent premium on AltaGas’ closing […]
The vast majority (87 per cent) of Canadian business owners said they haven’t had any cannabis-related incidents in the workplace since recreational cannabis was legalized last October, according to a new survey by the Canadian Federation of Independent Business. Just eight per cent said they had experienced an incident, while five per cent were unsure. Employers with […]
Globally, the number of floods has quadrupled since the 1980s and doubled since 2004, which poses risks to both residential and commercial real estate investments. Yet, institutional investors are still struggling to quantify and manage the long-term climate risks to their private real estate portfolios, according to a new report by MSCI Inc. that looks […]
The Caisse de dépôt et placement du Québec is committing $50 million towards Quebec seed funds and is charging venture capital firm Teralys Capital with supporting the funds it invests in. Seed funds are venture capital funds dedicated to supporting new startups with financing and ongoing support. “Without a rich and dynamic startup ecosystem, there is a risk of considerably fewer […]
Canadian defined benefit pension plans are increasingly focused on implementing long-term goals and mitigating asset risk amid a year of market volatility and shifting regulatory landscape, according to a new survey by Aon. Its biennial Canadian pension risk survey found 96 per cent of plan sponsors said they have a long-term strategy to reach their objectives, up […]
Benefits Canada recognized winners across seven categories at the 2019 Workplace Benefits Awards on Thursday. At a luncheon and awards ceremony at the Arcadian Loft in Toronto, more than 100 leaders in the benefits, pension and investment industries gathered to see awards presented to Canadian employers that are proactively and passionately making a difference in their employees’ financial, […]
The Benefits Alliance Group’s board of directors is appointing Jim Edmands as president. In the role, Edmands will be responsible for new business development nationally and maintaining service relationships with the Benefits Alliance’s current partnerships, said a press release. “With his experience and positive attitude, Jim is well-positioned to grow BA and our strategic partnerships,” said Lio Spagnuolo, […]