News
Statistics Canada says annual inflation rate rose 0.5% in September
BY Jordan Press, the Canadian Press | October 22, 2020
Canada’s headline inflation measure went up in September by 0.5 per cent compared with a year ago, a better-than-expected increase, but one that experts say ...
OTPP invests in data centre company, financial advisory firm, Caisse encourages diversity with new fund
BY Staff | October 22, 2020
The Ontario Teachers’ Pension Plan is leading a new US$360 million equity investment in a Singapore-based data centre developer, operator and investor. Founded in 2017, Princeton Digital ...
‘Dear Canada’: Colorado climate group appeals to Canadians over CPPIB-owned energy firm
BY David Paddon, the Canadian Press | October 21, 2020
A U.S. environmental group is making a direct appeal to Canadians for help in persuading the Canada Pension Plan Investment Board to end its investment ...
What do historically low interest rates mean for DB pension de-risking?
BY Yaelle Gang | October 21, 2020
When the coronavirus pandemic hit, many organizations were focused on getting through the short term. But defined benefit plan sponsors are starting to take another ...
Despite market uncertainty, Canada maintains No. 9 position in global retirement rankings
BY Staff | October 21, 2020
Canada’s retirement income system scored ninth place for the second year in a row, securing a “B” rating despite uncertainty in the markets, according to a ...
Expecting the unexpected at Alberta’s Local Authorities Pension Plan
BY Yaelle Gang | October 20, 2020
The Local Authorities Pension Plan is in an interesting situation. Historically, the president of the Alberta Treasury Board and the minister of finance was the plan’s ...
Companies have modest hiring plans, low wage growth expectations, Bank of Canada says
BY Jordan Press, the Canadian Press | October 20, 2020
Canadian workers and companies expect wage growth to stay low over the coming year over heightened uncertainty from the coronavirus pandemic, the Bank of Canada says in ...
OMERS selling stake in Detroit rail tunnel
BY Staff | October 19, 2020
The Ontario Municipal Employees Retirement System’s infrastructure arm is selling its interest in the Detroit River tunnel partnership to Canadian Pacific. The sale, which will give ...
Europe’s central banker: Recovery risks losing momentum
BY David McHugh, the Associated Press | October 19, 2020
The head of the European Central Bank says the economic recovery from the coronavirus pandemic “risks losing momentum” due to a second wave of infections ...
Pension plan sponsors advised to stress test as regulators shift focus to second wave
BY Melissa Dunne | October 16, 2020
With federal and provincial regulators introducing relief measures this year to support pension plans amid the financial upheaval resulting from the coronavirus crisis, the Financial Services Regulatory ...
