Coronavirus
IMF head says global economy facing long climb to recovery
BY Martin Crutsinger, the Associated Press | October 6, 2020
The head of the International Monetary Fund says that the global economy has started on a long climb to stronger growth with prospects looking a ...
CAP plan sponsors focusing on learnings from first six months of pandemic
BY Melissa Dunne | October 5, 2020
While many Canadians panicked and stocked up on toilet paper when a global pandemic was declared in March, most capital accumulation plan members stayed calm ...
DBplus: new de-risking tool in the pension toolkit
BY Yaelle Gang | October 5, 2020
Defined benefit pension plans that were on route to de-risking when the coronavirus hit are facing a difficult road ahead in the current lower-for-longer interest ...
DB pensions’ funding positions recovering, but major risks ahead: reports
BY Staff | October 5, 2020
The funded positions of Canadian defined benefit pension plans continued to recover in the third quarter of 2020, but major risks lie ahead, according to both ...
Infrastructure bank to invest $10 billion in priority areas for pandemic recovery
BY Jordan Press, the Canadian Press | October 2, 2020
The Liberal government is promising to finally spend $10 billion that has sat in the accounts of its infrastructure financing agency for years, hoping to ...
Inflation slump in Europe could presage more stimulus
BY David McHugh, the Associated Press | October 2, 2020
Annual inflation in the 19-country eurozone sagged further below zero in September, bolstering expectations that the European Central Bank will add to its emergency stimulus ...
FSRA allowing DB pension sponsors to defer contributions until 2021
BY Staff | September 23, 2020
The Financial Services Regulatory Authority of Ontario is providing employers with the option to defer contributions to certain defined benefit pension plans to help with their ...
91% of institutional investors say pandemic will lead to a global recession: survey
BY Staff | September 23, 2020
A majority (79 per cent) of institutional investors see a global economic slowdown as the top threat to their portfolios in the next 12 months, ...
Federal Reserve sees rates near zero at least through 2023
BY Christopher Rugaber, the Associated Press | September 17, 2020
The Federal Reserve expects to keep its benchmark interest rate pegged near zero at least through 2023 as it strives to accelerate economic growth and ...
FSRA estimating jump in DB pension solvency off rebound in markets
BY Staff | September 16, 2020
The median projected solvency ratio for Ontario’s defined benefit pension plans increased to 90 per cent at the end of 2020’s second quarter, up from ...
