energy – Benefits Canada.com

CPPIB investing in oilfield drilling company, Caisse in SAP firm

Gideon Scanlon — Tue, 17 Aug 2021 13:00:23 +0000

The Canada Pension Plan Investment Board is investing about $12.825 million in common shares of a Calgary-based oil and gas infrastructure service provider. The pension plan purchased common shares in CWC Energy Services Corp. from a third-party investment fund that represents about 17 per cent of total equity. The transaction comes as the CPPIB faces scrutiny […]

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Opportunities for institutional investors from the energy transition

mschmit — Mon, 30 Nov 2020 08:52:23 +0000

Along with big risks comes the need for solutions and companies that provide those solutions, said Edward Lees, co-lead and portfolio manager at BNP Paribas Asset Management, when speaking at the Canadian Investment Review’s Investment Innovation Conference in November. Although in the current environment the coronavirus has been top of mind, climate issues have not […]

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Federal spending could be catalyst for industrials

mschmit — Fri, 23 Oct 2020 03:12:57 +0000

The potential size and scope of future federal spending bills to bolster the economy, especially an infrastructure measure, would have important implications for the industrials sector. After passing the Tax Cuts and Jobs Act, President Donald Trump issued an infrastructure agenda that never resulted in legislation. Should he win re-election, Trump could push for a […]

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What’s dragging down the Canadian economy as the world reopens?

mschmit — Fri, 26 Jun 2020 04:05:37 +0000

Along with the rest of the globe, Canada isn’t likely to see the V-shaped recovery that institutional investors were hoping for as it stares down the recessionary road ahead. “Canadian activity was also on the softening path even at the end of last year,” says Irene Lauro, an economist at Schroders. “And this is because […]

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OPEC, oil nations agree to nearly 10 million barrel cut amid virus

mschmit — Mon, 13 Apr 2020 05:04:49 +0000

The Organization of the Petroleum Exporting Countries, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic and a price war, officials said. “This could be the largest reduction in production from […]

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