Home News CIR News Page 12
CIR news

Latest news in CIR News

Copyright_Andrii Dragan_123RF

Funding status down, alternative investments up among DB pension plans: survey

The funding status and confidence of Canadian defined benefit pension plans declined in 2020 amid the coronavirus pandemic and a low interest-rate environment, according to…

  • By: Staff
  • March 5, 2021 March 5, 2021
  • 09:00
Copyright_Wang Aizhong_123RF

Ontario Teachers’ investing in Finland utility, Caisse in Brazil telecommunications

The Ontario Teachers’ Pension Plan is acquiring a 40 per cent stake in Caruna, Finland’s largest electricity supplier. The pension will acquire a 20 per cent…

  • By: Staff
  • March 4, 2021 March 4, 2021
  • 18:59
Copyright_Marko Kujavic_123RF

Pension funds saving with in-house asset management: survey

Canadian pension funds are seeing significant cost savings from in-house asset management but are still relying on external managers, according to a new survey from…

  • By: Staff
  • March 3, 2021 March 3, 2021
  • 09:00

CPPIB appointing John Graham as CEO following resignation of Mark Machin

The Canada Pension Plan Investment Board is appointing John Graham (pictured) as its new chief executive officer, following the resignation of Mark Machin. Graham was…

Stock Markets plunge from novel COVID-19 virus fear. © tang90246 / 123rf stock photos

OMERS’ portfolio lost 2.7 per cent, net of expenses, in 2020

The Ontario Municipal Employees Retirement System’s portfolio lost 2.7 per cent, net of expenses, last year as the coronavirus pandemic hammered its investments. According to…

97928423-123RF

Caisse selling back $400M in shares to tech consultancy

CGI Inc. is buying back and cancelling 4.2 million of its class-A subordinate voting shares from the Caisse de depot et placement du Québec for…

BCI adopts more stringent ESG expectations for companies it invests in

The British Columbia Investment Management Corp. is raising its environmental, social and governance-related expectations for the publicly-traded companies it invests in. Under its new proxy-voting…

  • By: Staff
  • February 11, 2021 March 24, 2021
  • 10:06
BCI adopting more stringent ESG expectations

BCI adopting more stringent ESG expectations

The British Columbia Investment Management Corp. is raising its environmental, social and governance-related expectations for the publicly-traded companies it invests in. Under its new proxy-voting…

Calls for Canadian companies to adopt transparent, consistent climate-risk reporting

Institutional investors, regulators and financial standard organizations are calling on Canadian corporations to adopt transparent climate-risk reporting, according to a new report from the C.D.…

  • By: Staff
  • February 5, 2021 March 26, 2021
  • 09:54

Caisse investing further in sustainable transportation, Ontario Teachers’ in cybersecurity, IT management

The Caisse de dépôt et placement du Québec is continuing its investment partnership with MacKinnon, Bennett & Company Inc. in the form of a new…

  • By: Staff
  • February 3, 2021 March 26, 2021
  • 09:40

Canada’s DB pension plans post 9.2% return in 2020

Despite market uncertainty due to the coronavirus pandemic and a turbulent U.S. presidential election cycle, Canadian defined benefit pension plans ended the year with near…

  • By: Staff
  • February 2, 2021 August 3, 2021
  • 09:06
Alberta Teachers’ Association planning legal challenge to pension order

Alberta Teachers’ Association planning legal challenge to pension order

The Alberta Teachers’ Association says it’s taking legal action against a ministerial order enacted on several pension plans in the province in late December. In…

  • By: Staff
  • February 1, 2021 February 16, 2021
  • 10:04

At Davos, Canadian investment leaders set timelines for climate friendly economy

Two Canadian investment leaders endorsed a transition to clean energy at a virtual Davos World Economic Forum on Wednesday as more investors worldwide push for…

Revisiting TDFs in the aftermath of market chaos

As a new decade revs up, is it time for capital accumulation plan sponsors to revisit the investment vehicles they offer? According to a recent…

  • By: Staff
  • January 26, 2021 April 14, 2021
  • 10:24
Scotiabank awarded for adapting benefits in face of coronavirus

32% Canadians delaying retirement due to coronavirus pandemic: survey

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…

  • By: Staff
  • January 25, 2021 April 14, 2021
  • 10:37

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

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…

  • By: Staff
  • January 21, 2021 April 14, 2021
  • 09:46
99319832-123RF

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

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

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…

  • By: Staff
  • January 20, 2021 April 14, 2021
  • 10:35
48961968-123RF

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

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…

Climate change a growing focus for institutional investors in 2021

For institutional investors keen to maintain environmental, social and governance commitments made in recent years, there’s a steep climb ahead. The Paris Agreement — and its call…

60462612_l-1

It’s time to revolutionize how investment firms are paid

Investment management is an unusual business in that it doesn’t typically offer customers their money back if they’re unsatisfied with the product or service. This…

Canadian ESG-related investment assets surge to $3.2 trillion: report

Will the environment be back on institutional investor agendas in 2021?

For institutional investors keen to maintain environmental, social and governance commitments made in recent years, there’s a steep climb ahead. The Paris Agreement — and…

  • By: Staff
  • January 6, 2021 April 14, 2021
  • 10:03
129106466_l-123RF

Mercer Canada report says rally in stocks helped strengthen pension plans to end year

A rally on the stock market in the fourth quarter helped boost the strength of Canadian defined benefit pension plans to end the year, a…

Institutional investing in 2021: looking towards the future

Last year offered up one of most tempestuous investment environments in recent memory, and this year looks to be equally dynamic. It will be increasingly…

Coronavirus to reshape mid-market private equity dynamics in year ahead

The year 2020 tested the mettle of entrepreneurs and small business owners like none other in recent history. And private equity firms operating in the…