Wednesday, November 30, 2011
“Employers and their advisors can include these investment options immediately as part of a customized plan or, starting at the end of 2011, through the new Monitored Avenue Portfolio Program™ - Socially Responsible Investment options (MAPP-SRI options),” the insurer said in a release. “Standard Life chose funds for the MAPP-SRI options to provide long-term returns that aim to meet the needs of socially responsible investors and proper diversification amongst asset classes. “
A recent survey conducted for Standard Life found that one-third of Canadian investors said they are "very" or "somewhat" interested in SRIs, and 55% indicated that they would consider SRIs if the return was "as good or better" than other investments.
In September, Standard Life added three Meritas SRI Funds to its family of retail segregated funds.
Tuesday, November 15, 2011
“This financing enables us to support established business partners and offers us a long-term opportunity ideally aligned to our investment strategy,” said Marc Cormier, executive vice-president, fixed income, the Caisse. “With our investment in this project, we are contributing to a renewable energy initiative in Québec while generating a return that meets the objectives of our depositors.”
The first phase of the project will consist of 126 wind turbines, scheduled for start-up in December 2013.
Wednesday, November 2, 2011
Speaking to a packed house at U of T's University College yesterday, David Schindler presented scientific data to back up claims of the devastation wreaked by oil sands development.
A noted limnologist and environmental activist, Dr. Schindler's presentation, entitled The Oil Sands: Economic Saviour or Environmental Disaster, was filled with results of experiments and slides of PAHs (polycyclic aromatic hydrocarbons). As someone with limited knowledge of chemistry and biology, I couldn't keep up with the details so I will give you what I took away as the big picture conclusions. Dr. Schindler kindly offered to send the presentation deck out to those who were interested, so you can contact him for a copy.
He suggested some logical next steps. First, a detailed study of fish health and effects of contaminants on reproduction and survival. Second, a detailed health study of people living in the area. And finally, better monitoring, to be done by Environment Canada, the only agency with the capacity to do an effective job.Dr. Schindler stated there is very little possibility that nothing (meaning no contaminants) is flowing into the Athabasca, and ended with the question, 'Why do we have to proceed with development much faster than we know what we are doing?'