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.
A Richmond transition home family receives a last-minute Christmas miracle with a tree and gifts, thanks to community support and the Richmond Christmas Fund. See how donations make a difference.
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.
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 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.
Canadian seniors receive their final 2025 CPP and Old Age Security payments early this month. Learn about the amounts, eligibility, and the 2026 increases.
The federal government is justifying a $1.1-million contract awarded to Deloitte for AI advice, even after the consulting giant admitted to past errors. Get the full story on this controversial deal.
The federal government will begin notifying public servants of potential job cuts in January 2025. Get the latest details on this significant workforce adjustment.
The federal government confirms 400 positions will be eliminated at Natural Resources Canada by 2029. Get the details on the workforce reduction and its implications.
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.
A new report outlines 19 ways to boost federal productivity, but the government shows no interest in tracking it. Discover the key findings and Ottawa's response.
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.
The federal government has started informing public servants about potential job reductions. Get the latest details on this developing story affecting Ottawa's workforce.
New data reveals more than 27,000 federal employees earned salaries of $150,000 or higher last year. Explore the breakdown and what it means for public sector spending.
New data reveals more than half of federal employees have no assigned workspace. Experts warn this 'hoteling' trend could create major logistical hurdles for any mandated full-time office return.
As Ottawa seeks spending cuts, an opinion piece argues for refocusing on core government needs like security and food, questioning agencies like the NFB. Read the analysis.
A new agricultural innovation hub, AgSphere, launches at Calgary's Stampede grounds with $2.75M from the Opportunity Calgary Investment Fund. It connects farmers with tech, investors, and training.
Ontario NDP Leader Marit Stiles demands answers after a company owned by a dentist with connections to Premier Doug Ford received a $2 million government grant. Explore the details and political fallout.
For nearly four decades, Rogers Sugar employees in Vancouver have run a holiday raffle for The Province's Empty Stocking Fund, raising thousands for local children. Learn how this union-driven tradition thrives.
As women's wealth grows in Canada, they are driving a shift towards values-based, strategic philanthropy. Advisors reveal how intentional giving creates meaningful impact and legacy.
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.
The Vancouver Chinatown Foundation's impact fund is helping legacy businesses like The Dollar Meat Store modernize with digital tools and social media, attracting a new generation of customers.