Sustainable Investment

TORONTO, ONTARIO -- (Marketwire) -- 05/17/12 -- The CPP Fund ended its fiscal year on March 31, 2012 with net assets of $161.6 billion, compared to $148.2 billion at the end of fiscal 2011, which marks a new all-time high for the Fund. The $13.4 billion increase in assets after operating expenses resulted from $9.9 billion in investment income and $3.9 billion in net CPP contributions. The portfolio returned 6.6% for fiscal 2012. "Overall our investment programs delivered a strong performance in fiscal 2012 despite the challenging global equity markets over the past year," said David Denison, President and CEO, CPP Investment Board (CPPIB). "While we witnessed dramatic fluctuations in global capital markets, our diversification of assets and growing number of global investments contributed to the Fund's resilience." While Canadian equity markets suffered declines in... (more)

New Report on Education and Human Capital Requirements

NEW YORK, NY -- (Marketwire) -- 05/17/12 -- As technology increasingly eradicates traditional jobs faster than individuals can learn the skills necessary to adapt, the fundamental process of how we educate and train people must be revisited. In order to address the needs of the 21st-century economy, educators, policy makers and the business community should develop a common global approach to education, skills development and lifelong learning. Suggested approaches include building resilience into curriculums and shifting the focus from either/or knowledge or skills training to a... (more)

InfoVista’s Market-Leading Service Performance Assurance Platform Raises Industry Standard for Scalability and Cost-Effectiveness

InfoVista, a global leader of proactive service assurance solutions, today announced the availability of VistaFoundation® Kit 4.3, a significant upgrade to the company’s service performance assurance technology platform, the most scalable, flexible and cost-effective performance platform on the market. The new release supports communications service providers’ (CSPs) and large enterprise IT organizations’ need to cost-effectively deliver a greater number of differentiated services transported by all-IP networks, maintain optimal quality of service (QoS) and end customer quality o... (more)

Cuts to Science and Safety: Department of Fisheries and Oceans and Coast Guard Hit by Second Round in Six Months

OTTAWA, ONTARIO -- (Marketwire) -- 05/17/12 -- Over 130 Department of Fisheries and Oceans (DFO) and Canadian Coast Guard (CCG) employees represented by the Professional Institute of the Public Service of Canada (PIPSC) began receiving Work Force Adjustment (WFA) notices earlier today as part of the implementation of federal budget cuts. They join some 200 scientists and other professionals at DFO who were told that their positions were being affected in December 2011. The notices to PIPSC members are part of a larger wave of more than 1,000 WFA notices received by DFO and Coast ... (more)

Samsung Now Producing Highest Density Mobile LPDDR2 Memory Using 20nm-class Technology – an Industry First

Samsung Electronics Co., Ltd., a global leader in advanced semiconductor technology solutions, announced today that it has begun producing the industry’s first four gigabit (Gb), low power double-data-rate 2 (LPDDR2) memory using 20 nanometer (nm) class* technology. The mobile DRAM (dynamic random access memory) chip, which went into mass production last month, will help the market to deliver advanced devices that are faster, lighter and provide longer battery life than today’s mobile devices. “Samsung began expanding the market for 4Gb DRAM last year with the first mass-produce... (more)