Regulation
Canada Passes Pension Bankruptcy Protection Bill
Bill will make plan members top priority when a company becomes insolvent.
Tag: Canada
Asset Allocation
Ontario Pension to Invest Nearly $17 Billion in Green Investments by 2030
The strategy is part of Healthcare of Ontario’s plan to get its portfolio to net-zero greenhouse gas emissions by 2050.
Asset Allocation
CPPIB, Silver Lake Acquire Qualtrics for $12.5 Billion
Canadian pension giant and private equity firm will buy out SAP’s majority stake for $18.15 per share.
Pensions
Fixed Income Weighs Down CDPQ to 5.6% Loss in 2022
Canada’s second-largest pension blames loss on “worst simultaneous stock and bond market correction” in half a century.
Manager Selection
CPPIB Names Jon Webster COO
Canadian pension giant also taps Maximilian Biagosch as global head of real assets.
Pensions
Canadian DB Pension Plans Lost Estimated 10.3% in 2022
The median loss was the highest reported since the 2008 financial crisis.
Pensions
Despite Steep Losses, Canadian DB Plans End Year Fully Funded
Surging bond yields offset double-digit investment losses to push funded levels above 100%.
Manager Selection
Alberta Investment Management Names Marlene Puffer CIO
Puffer will oversee public and private investments for $110 billion Canadian investment manager.
Pensions
CDPQ Adopts CFA’s Asset Manager Code
The $287.3 billion pension giant announces it is the first Canadian fund to sign on to the code.
Newsmakers
Ontario Teachers Pension Could Lose $95 Million on FTX Investment
The $183 billion Canadian pension fund said its exposure to failed crypto exchange was minimal.
With a Recession Enroute, Should Pension Funds Be Worried?
Maybe not, data from WTW and others show. Despite some losses lately, they remain in resilient shape. Here’s how.
Pensions
Canadian DB Plans Weather Market Volatility, Inflation … So Far
With challenging conditions likely to persist, Mercer advises plan sponsors prepare for the worst but hope for the best.
Newsmakers
Worsening Economy Threatens Retirement Security for Canadian Millennials
Survey finds rising inflation and interest rates are putting retirement savings in jeopardy, particularly for those under 35.
Asset Allocation
Pension Advocate Calls for ESG Regulation and Legislation to Guide Canadian Plans
The Association of Canadian Pension Management says administrators are in the dark about ESG fiduciary duties.
Newsmakers
CPPIB Reports 6.8% Net Returns
The fund also highlighted some of its largest individual investments over the past fiscal year.