bcIMC

LAPP reporting $3.4-billion loss in first quarter of 2020

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The Local Authorities Pension Plan is reporting a $3.4-billion loss in an “exceedingly difficult” first quarter, reducing the size of the fund by 6.5 per cent. The LAPP ...

National unemployment rate hits new record even as economy adds jobs

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Statistics Canada is reporting a record high unemployment rate as the economy added 289,600 jobs in May, with businesses reopening amid easing public health restrictions. The ...

IMCO adding to investment in European bandwidth infrastructure company

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The Investment Management Corp. of Ontario is adding €250 million to its previous investments in euNetworks Group Ltd., a European bandwidth infrastructure company. The cash injection is set ...

Bank of Canada keeps key rate target on hold, expects return to growth in Q3

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The economy appears to have avoided a worst-case scenario due to the coronavirus pandemic, the Bank of Canada said Wednesday as it kept its key ...

How can pension plans position for potential deflationary or inflationary scenarios?

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With so much uncertainty on the horizon, should pension plan sponsors be preparing to operate in a deflationary or inflationary environment? In the short term, the ...

Caisse releases 2019 annual report

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The Caisse de dépôt et placement du Québec has released its annual report, highlighting the results previously announced on Feb. 20, including a return of 10.4 ...

Coronavirus pummels certain real estate assets, bolsters others: report

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While real assets have traditionally served institutional investors well during times of economic stress, the ramifications of the coronavirus pandemic are starting to take their ...

Caisse and CPPIB build on investments in engineering and design services firm

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The Caisse de dépôt et placement du Québec and the Canada Pension Plan Investment Board are investing in WSP Global Inc., an engineering and design services firm, ...

Projected Ontario DB pension solvency ratios hit significantly in Q1: FSRA

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The first quarter of 2020 was rough for Ontarian defined benefit pension plans as they experienced the most significant quarterly decline in projected solvency ratios ...

IMCO hiring Nick Chamie as chief strategist

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The Investment Management Corp. of Ontario is appointing Nick Chamie as chief strategist to lead the organization’s asset allocation, currency management and fixed income strategies ...

Contex Group Inc.