Latest news in Benefits Canada Archive

Bank of Canada deputy warns of long lasting pandemic ‘scars’ on economy

Bank of Canada deputy warns of long lasting pandemic ‘scars’ on economy

The second-in-command at the Bank of Canada is warning that economic “scars” from the coronavirus pandemic could become permanent without concerted effort from all Canadians.…

To help economy, bank proposes tax on working from home

To help economy, bank proposes tax on working from home

White-collar staff reaping the financial benefits of working from home should be taxed to help other workers who aren’t getting the same advantages, experts at…

How CAA’s wellness app is evolving during the pandemic

How CAA’s wellness app is evolving during the pandemic

Wellness apps are becoming an increasingly popular perk for Canadian employers to offer employees, particularly as stress continues to soar as the coronavirus pandemic drags on. CAA…

Scotiabank to allow Canadian staff to buy more personal days

Scotiabank is introducing a program that will allow benefits-eligible Canadian employees to purchase up to five additional personal days. The program is effective April 1, 2021,…

Webinar: Meeting the growing demand for mental-health services caused by the pandemic

Webinar: Meeting the growing demand for mental-health services caused by the pandemic

Eight months into the coronavirus pandemic, employees continue to face a myriad of stressors, including health anxiety, isolation, financial concerns, family issues and increased workloads. This…

The value of stock selection in a low-return world

The value of stock selection in a low-return world

Despite this year’s extreme volatility, the past ten years have been an extraordinary time to be an equity investor. This can be seen by looking…

Caisse, CPPIB, Ontario Teachers’ invest in insurance company

Caisse, CPPIB, Ontario Teachers’ invest in insurance company

The Caisse de dépôt et placement du Québec, the Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are entering into subscription agreements…

  • By: Staff
  • November 12, 2020 January 19, 2021
  • 15:00
Lagarde: Recovery could be stop and go despite vaccine news

Lagarde: Recovery could be stop and go despite vaccine news

European Central Bank head Christine Lagarde warned Wednesday that the economy could face a “bumpy,” “stop-start” recovery despite good news about vaccine development. The top…

Bidenomics: More stimulus, tougher regulation and gridlock

Bidenomics: More stimulus, tougher regulation and gridlock

President-elect Joe Biden will inherit a vulnerable economic recovery under threat from a resurgent virus, likely with a divided Congress that will hinder his ability…

Extended isolation and U.S. election taking toll on Canadians’ mental health: survey

Extended isolation and U.S. election taking toll on Canadians’ mental health: survey

Canadians’ mental health declined further in October to negative 11.4, down from negative 10.2 in September, due to the prolonged strain of the coronavirus pandemic…

  • By: Staff
  • November 12, 2020 November 12, 2020
  • 09:00
Managing the holiday party, bonus season during a pandemic

Managing the holiday party, bonus season during a pandemic

Usually, this time of year sees employers hosting holiday parties and handing out bonuses. But this isn’t a typical year. The ongoing coronavirus pandemic means many human resources…

Employees prioritizing fitness benefits during pandemic: survey

Employees prioritizing fitness benefits during pandemic: survey

As the coronavirus pandemic continues, employees are viewing fitness benefits with increased importance, according to a new survey by ClassPass Inc. The survey found 70…

  • By: Staff
  • November 12, 2020 November 12, 2020
  • 08:45
Telus Health, Canada Life, Innomar taking drug prior authorization online

Telus Health, Canada Life, Innomar taking drug prior authorization online

Telus Health is partnering with Canada Life Assurance Co. and Innomar Strategies Inc. to launch Canada’s an electronic drug prior authorization solution. The pilot program will test…

  • By: Staff
  • November 11, 2020 November 11, 2020
  • 15:00
Plan hibernation: a sleeping bear can still bite

Plan hibernation: a sleeping bear can still bite

Defined benefit pension plan sponsors who are interested in better pension risk management for their retirees have two main strategies to consider: They can either…

GM Canada, Unifor agreement covers DB pension changes

GM Canada, Unifor agreement covers DB pension changes

The union representing General Motors of Canada Co. employees in Ontario have ratified a new three-year collective agreement that removes changes to a legacy defined…

  • By: Blake Wolfe
  • November 11, 2020 January 19, 2021
  • 09:00
Ontario DB pension solvency up again in third quarter: FSRA

Ontario DB pension solvency up again in third quarter: FSRA

The solvency ratio of Ontario’s defined benefit pension plans jumped four per cent in the third quarter of 2020, according to an update by the…

  • By: Staff
  • November 11, 2020 January 19, 2021
  • 08:45
Sun Life launching digital workplace diversity, inclusion platform

Sun Life launching digital workplace diversity, inclusion platform

Sun Life Financial is introducing a digital program to advance workplace diversity, inclusion and equity among its global workforce. The peer learning program, by Hive Learning…

  • By: Staff
  • November 10, 2020 November 10, 2020
  • 15:15
CPPIB, TPG Capital boosting investment in cruise company

CPPIB, TPG Capital boosting investment in cruise company

The Canada Pension Plan Investment Board and TPG Capital are increasing their investment in Viking Holdings Ltd. The CPPIB and the private equity platform were already…

  • By: Staff
  • November 10, 2020 January 19, 2021
  • 15:00
Pandemic threatens to undo gender equity progress in workforce: CPPIB report

Pandemic threatens to undo gender equity progress in workforce: CPPIB report

Soon after the beginning of the coronavirus pandemic, layoffs and the shift to remote working resulted in a 30-year low in female participation in the…

  • By: Staff
  • November 10, 2020 January 19, 2021
  • 10:13
Pandemic threatens to undo gender equity progress in workforce: report

Pandemic threatens to undo gender equity progress in workforce: report

Soon after the beginning of the coronavirus pandemic, layoffs and the shift to remote working resulted in a 30-year low in female participation in the Canadian workforce, threatening…

  • By: Staff
  • November 10, 2020 November 10, 2020
  • 09:45
Feds consulting on pension solvency relief measures, VPLAs

Feds consulting on pension solvency relief measures, VPLAs

The federal government is consulting on potential solvency funding relief options for 2021 and measures to further strengthen the framework for federally regulated pension plans.…

  • By: Staff
  • November 10, 2020 January 19, 2021
  • 09:24
Feds releasing consultation on pension solvency relief measures, VPLAs

Feds releasing consultation on pension solvency relief measures, VPLAs

The federal government is publishing a consultation paper on potential solvency funding relief options for 2021 and measures to further strengthen the framework for federally regulated pension…

  • By: Staff
  • November 10, 2020 January 19, 2021
  • 09:05
Is B.C.’s pension governance structure a ticking time bomb?

Is B.C.’s pension governance structure a ticking time bomb?

For years, a major public sector pension governance time bomb has been hidden in plain sight. But it may be too late to alert the bomb squad;…

Morneau Shepell expanding online CBT programs

Morneau Shepell expanding online CBT programs

Morneau Shepell Ltd. is expanding its internet-based cognitive behavioural therapy solution with a series of new programs, in response to a growing need for these services…

  • By: Staff
  • November 9, 2020 November 9, 2020
  • 15:00
Magna’s data-driven wellness strategy proving focus on analytics reduces costs

Magna’s data-driven wellness strategy proving focus on analytics reduces costs

Magna International Inc. is using data to personalize its wellness program, increase employee engagement and reduce costs. In 2012, the Canadian automobile parts manufacturer established…