News about pensions

News about pensions

Top Canadian pension funds invest $438 million in Indian highways trust

The investments come as India, where general elections commence next month, has been seeing continued momentum in pre-poll government spending Two big Canadian pension funds invested a total of C$595 million ($438.3 million) in India’s National Highways Infra Trust (NHIT) this week, dialling up their bets on the poll-bound South Asian country’s booming infrastructure sector. […]

Top Canadian pension funds invest $438 million in Indian highways trust Read More »

News about pensions

Canada’s Top Pension Funds Pressured by CEOs to Invest More at Home

Almost 100 top Canadian business leaders have signed an open letter to Finance Minister Chrystia Freeland and her provincial counterparts, urging them to change investment rules for pension funds to “encourage them to invest in Canada.” The letter, published as an advertisement in major Canadian newspapers on Wednesday, included signatures from Rogers Communications Inc. CEO Tony Staffieri and Canaccord

Canada’s Top Pension Funds Pressured by CEOs to Invest More at Home Read More »

News about pensions

Pension funds are Canada’s ‘crown jewels.’ Should they invest more at home?

Signals that Ottawa wants more domestic investment from Canadian public pension funds are being amplified by some members of the business community who argue there’s more these large pools of capital can do to boost Canada’s economy. But the pension plans themselves are pushing back against suggestions that anyone in government should dictate how they invest Canadians’

Pension funds are Canada’s ‘crown jewels.’ Should they invest more at home? Read More »

News about pensions

Check your policy — some group benefits change, or vanish, when you turn 65

Stephen Booth continues to be surprised by what life throws at him.  The 66-year-old who lives in Barrie, Ont., didn’t expect to be working in retail past 65. He certainly didn’t think he’d be losing some of his employee disability benefits as he battled paralysis-inducing cataplexy, either.  “That was just one more thing on top

Check your policy — some group benefits change, or vanish, when you turn 65 Read More »

News about pensions

Posthaste: This missed CPP opportunity is costing Canadians thousands, says report

Waiting until age 70 to claim Canada Pension Plan would more than double pension payments Most Canadians — in fact nine out of 10 — say the Canada Pension Plan is an important source of their retirement income and six out of 10 say it’s essential and they can’t do without it. Article content Yet according to a new

Posthaste: This missed CPP opportunity is costing Canadians thousands, says report Read More »

News about pensions

Do Albertans want to withdraw from the Canada Pension Plan?

“People did not buy it, and the Alberta Pension Plan remains extremely unpopular among Albertans.” The UCP government has been exploring the idea of withdrawing from the Canada Pension Plan (CPP) in favour of a provincial pension plan, but the proposal has faced vocal pushback. On Sept. 21, 2023, the Alberta government released a third-party

Do Albertans want to withdraw from the Canada Pension Plan? Read More »

Scroll to Top