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The Association of Canadian Pension Management’s top priority in 2023 is convincing Canada’s senate to amend or block the passage of Bill C-228, according to Ric Marrero, the association’s president and chief executive officer. “Our first priority is to keep monitoring Bill C-228, which is now in the senate. Our members think it would cause […] ....
Alberta Pensions Services pivots to new investment consultant Alberta Pensions Services Corp., Edmonton, hired Eckler Ltd. as investment consultant for the C$5.6 billion ($4.4 billion) Management Employees Pension Plan. The corporation issued an RFP in August because of a trade agreement that requires the services be put up for bid every five years, said Heather Tkachuk, plan board director, at the time. Incumbent consultant Ellement Consulting Group did rebid for the services, according to an award notice posted on Alberta s procurement website. Whether the RFP process had any finalists was not known. Alberta Investment Management Corp. manages the assets of the pension plan. ....
Winnipeg Free Press Posted: THE province calls it a move to help Manitoba employers stay on their feet though the pandemic. The Manitoba Federation of Labour calls it a gift to shareholders at the expense of workers. The province is temporarily waiving pension plan payments for businesses and non-profits in order to help prevent shutdowns or layoffs, Finance Minister Scott Fielding announced Tuesday. For the remainder of 2020 and all of 2021, a moratorium will remain in effect to fulfil any defined benefit pension plan funding obligations, required under the Pension Benefits Act or otherwise. Many businesses are facing challenges due to the current economic environment and lost revenue due to COVID-19, Fielding said in a news release. This is another step by the government to protect Manitoba businesses through the pandemic. ....
Manitoba waives some pension payments for businesses in effort to prevent pandemic layoffs Manitoba businesses and charities will be temporarily exempt from putting some money into pension plans in a bid to free up capital during the COVID-19 pandemic. Social Sharing CBC News · Posted: Dec 22, 2020 12:12 PM CT | Last Updated: December 22, 2020 The Manitoba government says it is providing relief to businesses and charities during the pandemic by relieving them of certain pension payments they were required to make.(Peter Scobie/CBC) ....