CPPIB Invests $1B+ in Castrol Lubricants Stake
Canada's CPPIB invests up to $1.05B for a non-controlling stake in Castrol, partnering with Stonepeak in a major $10.1B energy sector deal. Read the full analysis.
Canada's CPPIB invests up to $1.05B for a non-controlling stake in Castrol, partnering with Stonepeak in a major $10.1B energy sector deal. Read the full analysis.
Canada's CPP Investments has acquired a minority stake in global lubricants company Castrol. This strategic move diversifies the pension fund's holdings in the industrial sector. Read more on the details.
The Canada Pension Plan Investment Board and Australia's Goodman Group are investing US$2.6 billion to build AI data centres in Europe. Construction starts mid-2026.
The Alberta Next panel's call for referendums on a provincial pension and police force could revive unpopular debates, risking the UCP's electoral standing. Read the analysis.
A review of FP Comment columns from early 2025 reveals expert analysis on voter sentiment, competition policy, pension risks, and looming trade wars. Discover the key insights shaping Canada's economic and political landscape.
An Ottawa family of five faces deportation after a failed visa renewal. Despite a year-long review, they remain ineligible for government compensation, highlighting flaws in the immigration system. Learn their story.
Premier Danielle Smith defends Alberta Next panel's seven recommendations, including a referendum on exiting the CPP and creating a provincial police service. The report's release timing is questioned.
A massive corruption scandal in the Philippines saw billions in disaster prevention funds stolen, leaving the vulnerable nation exposed to worsening climate impacts. Learn the shocking details.
A panel chaired by Premier Danielle Smith recommends Alberta hold referendums in 2026 on a provincial pension plan, immigration control, and constitutional changes. Learn the key findings.
An Alberta government panel recommends a public referendum on leaving the Canada Pension Plan. Premier Danielle Smith's government considers the move. Learn the details and implications.
The federal government transfers a $900M pension surplus to its general account, sparking union criticism. PSAC demands funds be reinvested in workers' benefits.
The head of a major Canadian public service union strongly criticizes a proposal to fund an early retirement incentive through pension plans, calling it a risky move for workers.
The federal government is moving another $900 million surplus from the public service pension fund to a central account, bringing the total to $2.8 billion. Public sector unions are alarmed. Read more.
Canadians have until Dec. 20 to file a claim in the $70.25-million class-action settlement involving TD mutual funds and trailing commissions paid to discount brokers. Learn if you're eligible.
Canadian seniors receive their final 2025 CPP and Old Age Security payments early this month. Learn about the amounts, eligibility, and the 2026 increases.
Former senior bureaucrat Ray Gilmour has been confirmed as the permanent Chief Executive of Alberta Investment Management Corp. (AIMCo) after serving as interim CEO since a major board and management shakeup in late 2024.
Former senior Alberta bureaucrat Ray Gilmour has been confirmed as the permanent CEO of the Alberta Investment Management Corp. (AIMCo), following a major governance shakeup in late 2024. Learn about his background and the fund's path forward.
RBC Capital Markets warns that limited market-maker capital could strain the $13 trillion ETF industry as U.S. regulators greenlight ETF share classes of mutual funds, potentially creating a bottleneck for new listings.
An Edmonton soccer coach has admitted to stealing $37,000 from his under-11 team's funds. The guilty plea highlights a breach of trust within local youth sports.
Prime Minister Mark Carney's plan to reduce the federal civil service through early retirement incentives will cost $1.5 billion upfront, with annual savings of $82 million. The strategy aims to avoid layoffs.
Falling Bitcoin prices have severely impacted leveraged ETFs tied to major holder Strategy. Discover the details of this significant 2025 market casualty and its implications.
A Windsor, Ont. widow is left without financial support after her husband's death due to strict Ontario Disability Support Program eligibility rules. Learn about the policy gap affecting vulnerable families.
Creative Saskatchewan has recovered a portion of the $331,000 lost to fraud, provincial officials confirm. The economic development agency continues investigation into the financial incident.
Thousands of Filipinos demonstrated in Manila demanding accountability for stolen flood project funds and government corruption. Read about the growing public outrage.
Digital asset firm CoinShares discontinues specific cryptocurrency ETFs as strategic move preceding anticipated U.S. market expansion. Discover the implications for Canadian investors.
Federal housing money for Calgary faces uncertainty as city reconsiders blanket rezoning. Critical affordable housing projects at stake.
CPP Investments' joint venture in India acquires six logistics parks, expanding its global real estate footprint. Discover the strategic move's impact on Canada's pension fund.
Canadian public servants planning December retirement face difficult choice: retire now with permanent pension penalty or wait for potential government buyout program. Expert analysis reveals timelines and risks.
U.S. Rep. Sheila Cherfilus-McCormick faces federal indictment for allegedly misappropriating $5 million in disaster relief funds. The Florida Democrat maintains her innocence.
Florida Democrat Sheila Cherfilus-McCormick faces charges for allegedly misappropriating $5 million in federal disaster relief, with funds funneled to her 2021 campaign.