Canada Pension Plan Investment Board – Benefits Canada.com

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

mschmit — Tue, 19 Jan 2021 08:03:16 +0000

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 growing movement to divest from fossil fuels gains political clout. U.S. President-elect Joe Biden intends to sign an executive order on inauguration day to rescind the presidential permit for the […]

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CPPIB earns 5% net return in fiscal Q2

mschmit — Tue, 17 Nov 2020 05:33:11 +0000

The Canada Pension Plan Investment Board ended its second quarter of fiscal 2021 with net assets of $456.7 billion, up from $434.4 billion at the end of the previous quarter, according to a new report. The $22.3 billion increase in net assets for the quarter consisted of $21.6 billion in net income after all costs […]

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

mschmit — Tue, 10 Nov 2020 06:13:01 +0000

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 to undo gains in gender equity in the workplace, according to a new report by the Canada Pension Plan Investment Board. Women have suffered the most layoffs […]

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‘Dear Canada’: Colorado climate group appeals to Canadians over CPPIB-owned energy firm

mschmit — Wed, 21 Oct 2020 06:29:51 +0000

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 in a Colorado-based oil and gas company due to safety and pollution concerns. In a five-minute YouTube video by an organization called 350 Colorado, residents of Boulder ask Canadians to […]

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Caisse makes first infrastructure equity investment in Spain, CPPIB to sell stake in London real estate

mschmit — Tue, 13 Oct 2020 08:52:59 +0000

The Caisse de dépôt et placement du Québec is buying a portfolio of 73 photovoltaic plants from Q-Energy Ltd., the first step in creating a new platform in Spain that seeks to aggregate further renewable assets. The transaction will be finalized in the coming months, after which Q-Energy will continue to provide comprehensive management of […]

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IMCO appointing new chief operating officer

mschmit — Fri, 02 Oct 2020 06:15:16 +0000

The Investment Management Corp. of Ontario is naming Tony Algar as its new chief operating officer, effective Sept. 28. Algar joins the IMCO from the Canada Pension Plan Investment Board, where he spent the past 10 years, most recently as managing director and head of investment operations. He also previously held senior risk management and […]

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CPPIB highlights four post-coronavirus habits to impact investment portfolios

mschmit — Thu, 20 Aug 2020 12:00:32 +0000

Four types of new habits and perspectives are expected to define the post-coronavirus era and could impact investment portfolios, according to new analysis by Thinking Ahead, the thought leadership lab at the Canada Pension Plan Investment Board. The research, co-authored by Caitlin Walsh, senior portfolio manager, and Ruby Grewal, portfolio manager, analyzed the breadth of […]

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How will China play into Canadian pension portfolios as exposure inches higher?

mschmit — Fri, 14 Aug 2020 04:55:07 +0000

The rallying cry that China is simply too significant a part of the world’s economy to leave out of a well-diversified portfolio is about to be last year’s cliché. For the moment, the country remains the second largest economic engine in the world, but its stunning growth in just the past few years has investors […]

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Canadian pensions sign pledge to tackle anti-Black systemic racism

mschmit — Fri, 24 Jul 2020 03:56:18 +0000

Several prominent players in Canada’s pension industry have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle anti-Black systemic racism. “The persistent inequities across our country underscore our urgent, national need to address and alleviate racial, ethnic and other tensions and to promote the elimination of anti-Black systemic racism […]

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EMPEA appointing CPPIB’s Suyi Kim to board of directors

mschmit — Mon, 06 Jul 2020 04:02:26 +0000

The Emerging Markets Private Equity Association is appointing Suyi Kim, head of Asia Pacific at the Canada Pension Plan Investment Board, to its board of directors. “Emerging markets are core to CPP Investments’ long-term strategy,” she said in a press release. “We have been investing in emerging markets for over a decade and currently have […]

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