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PSP Investments’ Nathalie Bernier honoured as Canada’s CFO of the year

mschmit — Mon, 21 May 2018 06:54:16 +0000

The Public Sector Pension Investment Board’s Nathalie Bernier is Canada’s chief executive officer of the year for 2018. Financial Executives International Canada, PricewaterhouseCoopers LLP and Robert Half Canada Inc., all presenting sponsors of the award, announced the 16th annual honour would be going to Bernier for her work since joining PSP Investments in September 2015 […]

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Great-West Lifeco’s net earnings up 24% in first quarter

mschmit — Fri, 04 May 2018 05:28:27 +0000

Great-West Lifeco Inc. is reporting a 24 per cent rise in earnings for the first quarter of 2018 on the strength of solid sales results and cost controls. The company posted earnings of $731 million in the first quarter, up from $591 million during the same period last year. “Great-West Lifeco delivered strong first quarter […]

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bcIMC to buy stake in U.S. window dressing company

mschmit — Wed, 25 Apr 2018 06:03:48 +0000

The British Columbia Investment Management Corp., along with AEA Investors, has agreed to purchase Springs Window Fashions from Golden Gate Capital. The company, headquartered in Middleton, Wis., manufactures and sells window coverings and drapery hardware to retail and commercial clients, as well as independent designers and decorators. “We are excited to be working with AEA Investors and BCI […]

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New financial wellness category added as Workplace Benefits Awards opens for entries

mschmit — Wed, 11 Apr 2018 04:45:18 +0000

Is your organization’s health and wellness program a cut above? Is your pension plan communications better than the rest? Is your diversity program or mental-health program worthy of recognition? Benefits Canada’s annual Workplace Benefits Awards is now open for nominations. Submit your entries here. The 2018 awards include a new category for financial wellness, an area that’s growing in […]

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Sun Life, Quebecor launch personal finance brand aimed at millennials

mschmit — Mon, 26 Mar 2018 16:46:22 +0000

Sun Life Financial is joining up with media company Quebecor Inc. to launch an online personal finance brand aimed at millennials. Hosted on the website of the Journal de Montréal, the Porte-Monnaie online brand includes news items, graphics, videos and stories about personal finance. The online brand will also include social media activities on Facebook, Twitter and LinkedIn. As […]

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Ontario Teachers’ invests in energy storage company

mschmit — Tue, 23 Jan 2018 12:40:31 +0000

The Ontario Teachers’ Pension Plan participated in a round of financing for Stem, Inc., an artificial intelligence-powered energy storage company headquartered in California. Activate Capital Ltd. led the $80-million investment alongside Ontario Teachers’ and Singapore-based investment company Temasek Holdings. The amount put forward by Ontario Teachers’ wasn’t disclosed. Read: Ontario Teachers’ sells veterinary hospital operator, invests in packaging company […]

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Federal government introduces bill to address workplace harassment, violence

mschmit — Tue, 07 Nov 2017 08:00:59 +0000

The federal government has introduced a new bill that would amend the Canada Labour Code to address harassment and sexual violence in federally regulated workplaces. The bill proposes to make changes to existing provisions in the labour code to enact a single approach that covers all harassment and violence and expands the policies to cover parliamentary […]

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Have your say: Is universal basic income a good way to offset impact of automation?

mschmit — Wed, 25 Oct 2017 04:30:41 +0000

As the working world shifts toward automation, some have posited the idea of a universal basic income to solve the problems presented by this trend. A report released this month by Deloitte Canada and the Human Resources Professionals Association noted employment laws and public policy are struggling to catch up with the changing Canadian workforce. It recommended that the […]

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Sprott and Ceres Partners team up to launch farmland fund

mschmit — Fri, 06 Oct 2017 04:30:04 +0000

Sprott Inc. and Ceres Partners have joined forces to launch a fund providing institutional investors with the opportunity to participate in the North American farmland market. The objective of the Ceres — Sprott Institutional Farmland Fund will be to acquire and actively lease farmland in the United States, according to a news release. In addition […]

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Great-West Life’s net earnings fall slightly in first quarter

mschmit — Fri, 05 May 2017 06:11:02 +0000

Great-West Lifeco Inc.’s net earnings fell slightly from the previous year as its assets under management grew to more than $675 billion. The company’s profits for the quarter ended March 31 were $591 million, down from $620 million in the same quarter a year earlier. Great-West Life said in its quarterly earnings on Thursday it […]

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