David Paddon, The Canadian Press

David Paddon is a reporter with The Canadian Press, a national news agency headquartered in Toronto and founded in 1917.

Industry

CPPIB assets near half a trillion dollars at end of fiscal year

The investment manager reported assets of $497.2 billion at the end of March 31, 2021

By David Paddon, The Canadian Press |May 20, 2021

2 min read

Economic Indicators

Federal budget fails to support needed pension reform, retiree group says

The group says current laws are unfair to pensioners when a DB plan sponsor becomes insolvent

By David Paddon, The Canadian Press |April 20, 2021

1 min read

Industry

Brookfield to launch reinsurance entity

Asset manager will create new entity through a special dividend paid to Class A shareholders

By David Paddon, The Canadian Press |November 12, 2020

2 min read

Industry

CRA call centres get a “D” on CFIB’s report card

Business group says overall quality of service lower and wait times longer than in previous survey

By David Paddon, The Canadian Press |January 8, 2020

3 min read

Industry

Canada’s big banks need a bigger buffer: OSFI

The regulator cited elevated risks to the banking system in raising the domestic stability buffer to 2.25%

By David Paddon, The Canadian Press |December 10, 2019

2 min read

Industry

Bank of Canada urges public-private co-operation on cybersecurity

New regulations and legislation may be required

By David Paddon, The Canadian Press |November 12, 2019

2 min read

Economic Indicators

Brexit deal leaves uncertainty for Canadian businesses

A deal would only be the starting point for trade negotiations between Canada and the U.K

By David Paddon, The Canadian Press |October 18, 2019

3 min read

Economic Indicators

CPPIB approached to be involved in Trans Mountain: CEO

The federal government’s financial adviser has raised the possibility of the Canada Pension Plan Investment Board becoming involved in the Trans Mountain pipeline project, but there’s been no political pressure applied, CPPIB chief executive Mark Machin told a parliamentary committee Monday. The Toronto-based fund manager and its peers will likely take a look at the […]

By David Paddon, The Canadian Press |June 12, 2018

3 min read

Industry

Ready or not, Canadian biz may face sanctions under EU’s privacy law

Any Canadian business that collects personal information about residents of the European Union—whether they’re tourists, students or online customers—risks maximum fines of $30 million or more if they violate a sweeping new EU privacy law that took effect Friday. But privacy experts say many small and mid-sized Canadian companies have only recently become aware that […]

By David Paddon, The Canadian Press |May 29, 2018

4 min read