News

Biden will bring market stability as sun sets on Trump era: investors

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With President-elect Joe Biden officially becoming the 46th U.S. president today, institutional investors are preparing for a return to traditional governance and increased market stability. While markets ...

TC Energy decarbonization response to Keystone setback unlikely to sway ESG investors

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THE CANADIAN PRESS Sustainable investing experts say TC Energy Corp.’s plan to decarbonize the Keystone XL pipeline is unlikely to save its fortunes, as a growing ...

Alberta government facing backlash after changing terms of public-sector pensions

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The Alberta Investment Management Corp. is now managing investments for several pensions in the province, a move facing at least one legal challenge. This change is ...

ACPM calling on feds to prioritize DB plan coverage and adequacy

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With private-sector defined benefit pension coverage declining over the past two decades, the federal government should take more steps to prioritize coverage and benefit adequacy, ...

PSP selling stake in European rail lessor, investing in health-care technology company

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The Public Sector Pension Investment Board is selling its stake in Alpha Trains, a Europe-based lessor of locomotives and passenger trains. The PSP, which has invested ...

OSFI launching consultation on climate change risks to pensions, financial institutions

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The Office of the Superintendent of Financial Institutions is launching a three-month consultation on risks arising from climate change that can affect the safety and ...

ACPM calling on feds to streamline pension overpayment recovery

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The Association of Canadian Pension Management is calling on the federal government to implement two measures to assist in identifying deceased pension plan beneficiaries and ...

Ontario Teachers’ acquiring majority interest in U.S. packaging company

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The Ontario Teachers’ Pension Plan and Ares Management Corp. are both acquiring a majority interest in U.S.-based packaging company TricorBraun. The packaging company’s management team will ...

Ontario Teachers’ facing pressure from students to divest from fossil fuels

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An environmental coalition is appealing to Ontario teachers to pressure their pension fund to divest from companies that develop or transport fossil fuel products. In a ...

CPPIB investing in U.S. real-estate developments, European wind farms

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The Canada Pension Plan Investment Board is forming a joint venture with Greystar Real Estate Partners to pursue multi-family real estate development opportunities in target markets in the ...

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