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Copyright_Irochka_123RF

The Alberta Teachers’ Retirement Fund Board is withdrawing its membership from the Principles of Responsible Investing Secretariat as it transfers responsibility for asset management to the Alberta Investment Management Corp. In a press release, the ATRF said its withdrawal from the United Nations-supported investor network would allow it to respect “the spirit of its responsible […]

  • By: Staff
  • April 6, 2021 April 25, 2021
  • 12:45
Copyright_Mariia Demchenko_123RF

Despite adjustments to operations and investments during the coronavirus pandemic, Canada’s major pension plan leaders are maintaining a long-term view by looking ahead to a post-pandemic world. But we’re not out of the woods yet as Canada, and the rest of the world, are likely many months away from reaching herd immunity and thus life […]

The Caisse de dépôt et placement du Québec is part of an investment group acquiring New Look Vision Group Inc., a provider of eye-care products and services across North America. According to a press release, New Look Vision is valued at $800 million, and the Caisse, along with FFL Partners, LLC and the Dr. H. […]

  • By: Staff
  • March 23, 2021 April 13, 2021
  • 09:00
Copyright_Mikhail Tsikhanovich _123RF

The Alberta Teachers’ Association is taking legal action against the recent ministerial order enacted on several of the province’s pension plans, including the Alberta Teachers’ Retirement Fund. In documents submitted to court on March 10, the association argues the terms and conditions imposed in Finance Minister Travis Toews’ order are inconsistent with the province’s Teachers’ […]

  • By: Staff
  • March 19, 2021 March 19, 2021
  • 09:00
Copyright_jakobradlgruber_123RF

The Public Sector Pension Investment Board is among the investors in a new fund by Greensoil PropTech Ventures, a Toronto-based property-technology company. The fund, which sits at approximately US$50 million out of a US$100 million target, will invest in technologies to make the real estate industry more profitable and sustainable, according to a press release. […]

  • By: Staff
  • March 18, 2021 March 18, 2021
  • 17:25
Scotiabank renewing lease in AIMCo-, KingSett Capital-owned building

Scotiabank is renewing its lease for up to 1.1 million square feet of space in two buildings, including the iconic Scotia Plaza, located in the heart of downtown Toronto, which is owned and operated by the Alberta Investment Management Corp. and KingSett Capital Inc. The bank has renewed 560,000 square feet of space in Scotia […]

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 a press release, the association said its provincial executive council voted unanimously this week to file a lawsuit, acting on legal advice that identified an avenue for a challenge to […]

  • By: Staff
  • February 1, 2021 February 16, 2021
  • 10:04
Alberta Teachers’ Association set to legally challenge 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 a press release, the association said its provincial executive council voted unanimously this week to file a lawsuit, acting on legal advice that identified an avenue for a challenge to […]

  • By: Staff
  • January 29, 2021 April 14, 2021
  • 15:00

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 enacted in late December by Alberta Finance Minister Travis Toews after 2020 deadlines for investment management agreements between the pensions and the Alberta Investment Management Corp. passed with no result. […]

  • By: Staff
  • January 21, 2021 April 14, 2021
  • 09:46
Alberta’s public-sector pension plans reassuring members amid worry over ministerial order

Alberta’s public sector pension plans are reassuring members their pensions are safe, following a recent ministerial order enacted by the provincial government. The order was enacted in late December by Alberta Finance Minister Travis Toews after 2020 deadlines for investment management agreements between the pensions and the Alberta Investment Management Corp. passed with no result. […]

  • By: Staff
  • January 20, 2021 April 23, 2021
  • 15:00