News

Bank of Canada deputy warns of long lasting pandemic ‘scars’ on economy

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The second-in-command at the Bank of Canada is warning that economic “scars” from the coronavirus pandemic could become permanent without concerted effort from all Canadians. The pandemic remains ...

Caisse, CPPIB, Ontario Teachers’ invest in insurance company

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The Caisse de dépôt et placement du Québec, the Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are entering into subscription agreements ...

Lagarde: Recovery could be stop and go despite vaccine news

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European Central Bank head Christine Lagarde warned Wednesday that the economy could face a “bumpy,” “stop-start” recovery despite good news about vaccine development. The top central banker ...

Bidenomics: More stimulus, tougher regulation and gridlock

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President-elect Joe Biden will inherit a vulnerable economic recovery under threat from a resurgent virus, likely with a divided Congress that will hinder his ability ...

Ontario DB pension solvency up again in third quarter: FSRA

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The median projected solvency ratio of Ontario’s defined benefit pension plans increased to 94 per cent as of Sept. 30, 2020, up from 90 per ...

CPPIB, TPG Capital boosting investment in cruise company

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The Canada Pension Plan Investment Board and TPG Capital are increasing their investment in Viking Holdings Ltd. The CPPIB and the private equity platform were already minority stakeholders in the ...

Pandemic threatens to undo gender equity progress in workforce: CPPIB report

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Soon after the beginning of the coronavirus pandemic, layoffs and the shift to remote working resulted in a 30-year low in female participation in the Canadian workforce, threatening ...

Feds consulting on pension solvency relief measures, VPLAs

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The federal government is consulting on potential solvency funding relief options for 2021 and measures to further strengthen the framework for federally regulated pension plans. About seven per cent ...

Caisse invests in aircraft leasing, Ontario Teachers’ in driverless vehicles

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The Caisse de dépôt et placement du Québec is entering a US$300 million warehouse financing agreement with Titan Aircraft Investments Ltd. The warehouse facility will provide ...

What U.S. election uncertainty means for institutional investors

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Whether Joe Biden or Donald Trump ultimately wins the White House, the stock market is already a clear winner this week. While there were fears that a ...

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