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Top 5 HR, benefits, pension and investment stories of the week

An article on the Canada Revenue Agency’s guidance for how employers must determine the province of employment for remote workers was the most-read story on…

  • By: Staff
  • February 16, 2024 February 15, 2024
  • 09:00
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Guardian Capital Group acquiring Sterling Capital

Guardian Capital Group Ltd. is acquiring U.S.-based asset manager Sterling Capital Management from Truist Financial Corp. The financial terms of the transaction include a payment…

  • By: Staff
  • February 15, 2024 February 15, 2024
  • 15:00
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OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report

Retirement benefits paid out by the Ontario Municipal Employees Retirement System accounted for 9.3 per cent of retirement income in Ontario in 2023, according to…

  • By: Blake Wolfe
  • February 15, 2024 February 14, 2024
  • 09:00

Redbrick highlighting DEI through employee-led discussions, education sessions

Redbrick is highlighting diversity, equity and inclusion through employee-led discussions and education sessions, beginning with a focus on Black History Month in February. The Victoria,…

  • By: Sadie Janes
  • February 15, 2024 February 14, 2024
  • 09:00

Competitive pension risk transfer costs declined from 101.8% to 100.5% in December: report

The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process decreased from 101.8 per cent of a plan’s accounting…

  • By: Staff
  • February 15, 2024 February 14, 2024
  • 09:00
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U.S., U.K. delivery, ride-hailing drivers stop work on Valentine’s Day over pay, employee benefits

Thousands of ride-hailing and delivery workers in the U.S. and the U.K. went on strike on Valentine’s Day, calling for higher pay and other changes…

Canadian pension funds make top 10 list for largest annualized 10-year returns: report

Three of Canada’s largest pension plans are among the top 10 pension funds that generated the largest compound annualized returns between 2013 and 2022, according…

  • By: Staff
  • February 14, 2024 February 14, 2024
  • 09:00

FSRA’s Pension Awareness Day helping engage, educate employees on benefits of workplace pension plans

For its second annual Pension Awareness Day on Feb. 15, the Financial Services Regulatory Authority of Ontario is holding information sessions for its employees to…

42% of Canadian workers looking for a new job in 2024: survey

Two-fifths (42 per cent) of Canadian employees say they’ve already started looking, or plan to look, for a new job in the first half of 2024, up slightly…

  • By: Staff
  • February 14, 2024 February 13, 2024
  • 09:00
Canadian ESG-related investment assets surge to $3.2 trillion: report

91% of Canadian institutional investors say climate change is top ESG concern: survey

A majority (91 per cent) of Canadian institutional investors say climate change is a leading concern within the environmental, social and governance space, according to…

  • By: Staff
  • February 13, 2024 February 13, 2024
  • 15:00

63% of U.S. employers with paid-time-off banks say most employees don’t take vacation due to workload: survey

While more than a third (38 per cent) of U.S. employers are offering employees a paid-time-off bank, up slightly from in 2017 (34 per cent),…

CRA clarifying how employers must determine province of employment for remote workers

The Canadian Revenue Agency is providing guidance for employers to determine the province of employment for full-time employees who are working remotely. As of Jan.…

  • By: Staff
  • February 13, 2024 February 13, 2024
  • 09:00

Vestcor appointing Sean Hewitt as president, CEO

Vestcor Inc. is appointing Sean Hewitt as president and chief executive officer, effective mid-April. He’ll succeed John Sinclair, who announced his retirement last November after…

  • By: Staff
  • February 12, 2024 February 14, 2024
  • 15:00

Unifor applies to represent two Amazon fulfilment centres in Metro Vancouver

Unifor has filed two applications with the B.C. Labour Relations Board to represent Amazon.com Inc. workers in New Westminster and Delta, B.C. “Workers at Amazon are seeking…

Feds seeking to boost domestic investments by Canadian institutional investors: budget

In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Demand for data centres rising as institutional investors seek to diversify real estate portfolios: expert

Data centres are becoming an important asset for institutional investors seeking to diversify their real estate portfolios. The data centre asset class was valued at…

Caisse reports more than $53 billion in low-carbon assets

The Caisse de dépôt et placement du Québec is reporting $53 billion in low-carbon assets, including $15 billion in Quebec, representing an overall increase of…

  • By: Staff
  • April 16, 2024 April 16, 2024
  • 09:00

CPPIB expands role of global offshore wind platform

The Canada Pension Plan Investment Board is expanding the role of its wholly owned subsidiary Reventus Power as its dedicated global offshore wind platform. The…

  • By: Staff
  • April 15, 2024 April 12, 2024
  • 15:00