Canada Pension Plan

Report: Two pension funds support possible merger between Viterra and Bunge Ltd.

May 31, 2023 | 11:49am

A proposed merger between Glencore’s Viterra and Bunge Ltd. has the support of two of Canada’s largest pension funds, according to a person close to the matter. The source, according to Bloomberg News, noted that the Canada Pension Plan Investment Board and the British Columbia Investment Management Corp. are willing to swap their combined 49.98 […]

Planned increase in CPP premiums on Jan. 1 to hit some workers more due to pandemic

Dec 30, 2020 | 12:35pm

Come Jan. 1, Canada Pension Plan contributions are going up again, although higher than originally planned. The reason is largely because of the pandemic’s effect on the labour market, which has some groups noting the impact will be felt by some workers more than others. Here’s a rundown of what’s happening, and how long the […]

CFIB calls for freeze on Canada Pension Plan premiums set to rise on Jan. 1

Nov 19, 2020 | 10:10am

The Canadian Federation of Independent Business has asked the federal government to hold Canada Pension Plan premiums at current levels next year when they’re scheduled to rise. The national lobby group for small and mid-sized businesses says that higher CPP rates will be a financial burden to both employers and employees as they struggle with […]