News

32% Canadians delaying retirement due to coronavirus pandemic: survey

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While the rollout of vaccines has the world cautiously optimistic about an economic recovery, a Scotiabank survey shows the coronavirus pandemic has Canadians concerned about their retirement ...

Saskatchewan’s PEBA completes new pension administration system

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Saskatchewan’s Public Employees Benefits Agency is finalizing the modernization of its pension administration system. Earlier this month, the province’s Public Employees Pension Plan converted to the ...

Ontario Teachers’ committing to net-zero emissions by 2050

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The Ontario Teachers’ Pension Plan is committing to achieve net-zero greenhouse gas emissions by 2050. The commitment includes the establishment of concrete targets for portfolio emissions ...

ESG influencing company strategy, increasing oil market vulnerability: reports

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Environmental, social and governance factors are continuing to influence company strategy, financing and operating environments in 2021, according to a new report by Fitch Ratings ...

PIAC calling on feds to reform pension solvency rules, introduce VPLAs

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The Pension Investment Association of Canada is calling on the federal government to reform pension solvency rules while supporting legislation to introduce solvency reserve accounts ...

Caisse-backed investment trust acquiring India highway

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The Caisse de dépôt et placement du Québec is investing in its first transportation project with the purchase of a 67-kilometre highway in India. The asset ...

Alberta’s public-sector pension plans reassuring members amid worry over ministerial order

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Alberta’s public-sector pension plans are reassuring members that their pensions are safe, following a recent ministerial order enacted by the provincial government. The order was enacted in ...

Biden presidency accelerating shift toward sustainable investing

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TC Energy Corp. is suspending work on the Keystone XL pipeline as a growing movement to divest from fossil fuels gains momentum. Just hours after his inauguration, ...

Bank of Canada to update economic outlook with first rate announcement of 2021

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Canada’s central bank will update its economic forecast for the country Wednesday when it announces its interest-rate decision, offering a glimpse into its outlook for ...

CPPIB investing in Brazil real estate, Intact acquisition approved

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The Canada Pension Plan Investment Board is one of three investors entering a partnership with real estate developer SKR to develop, own and operate a ...

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