Latest news in Benefits Canada Archive

Federal spending could be catalyst for industrials

Federal spending could be catalyst for industrials

The potential size and scope of future federal spending bills to bolster the economy, especially an infrastructure measure, would have important implications for the industrials…

  • By: Katie Deal
  • October 23, 2020 February 5, 2021
  • 07:12
Half of Canadian employees considering a new job: survey

Half of Canadian employees considering a new job: survey

While the majority of Canadian employers feel confident about the economy, 49 per cent of employees are seriously considering leaving their role, according to a…

  • By: Staff
  • October 22, 2020 October 22, 2020
  • 15:15
OPTrust invests in eco-friendly waste management solutions company

OPTrust invests in eco-friendly waste management solutions company

The OPSEU Pension Trust is investing in Environmental 360 Solutions Inc., an eco-friendly waste management solutions company headquartered in Napanee, Ont. Furthering its commitment to…

  • By: Staff
  • October 22, 2020 October 22, 2020
  • 13:00

Starbucks tying executive pay to diversity targets

Starbucks Corp. is aiming to tie its executive compensation to diversity targets beginning in 2021. The move is one of a series of initiatives the coffee…

Statistics Canada says annual inflation rate rose 0.5% in September

Statistics Canada says annual inflation rate rose 0.5% in September

Canada’s headline inflation measure went up in September by 0.5 per cent compared with a year ago, a better-than-expected increase, but one that experts say…

Leadership-driven mental-health strategy nets award for Scotiabank

At Benefits Canada‘s 2020 Workplace Benefits Awards on Oct. 16, Scotiabank was recognized for a mental-health strategy that starts at the top of the organization and focuses…

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Supreme Court ruling in RCMP pension case may force plan design changes

Last week’s Supreme Court of Canada ruling that the Royal Canadian Mounted Police pension plan discriminated against job-sharing women should be a wake-up call to…

OTPP invests in data centre company, financial advisory firm, Caisse encourages diversity with new fund

OTPP invests in data centre company, financial advisory firm, Caisse encourages diversity with new fund

The Ontario Teachers’ Pension Plan is leading a new US$360 million equity investment in a Singapore-based data centre developer, operator and investor. Founded in 2017,…

  • By: Staff
  • October 22, 2020 January 19, 2021
  • 08:32
OTPP in private equity investments, Caisse encourages diversity with new fund

OTPP in private equity investments, Caisse encourages diversity with new fund

The Ontario Teachers’ Pension Plan is leading a new US$360 million equity investment in a Singapore-based data centre developer. Founded in 2017, Princeton Digital Group has…

  • By: Staff
  • October 21, 2020 October 21, 2020
  • 15:00
‘Dear Canada’: Colorado climate group appeals to Canadians over CPPIB-owned energy firm

‘Dear Canada’: Colorado climate group appeals to Canadians over CPPIB-owned energy firm

A U.S. environmental group is making a direct appeal to Canadians for help in persuading the Canada Pension Plan Investment Board to end its investment…

How a central bank’s policy can impact investments on the other side of the world

How a central bank’s policy can impact investments on the other side of the world

How do the European Central Bank’s monetary-policy decisions influence corporate debt levels in the U.S.? The ECB’s purchasing of investment-grade, corporate, Euro-denominated bonds seemingly crowded…

U.S. markets betting on Biden, investors preparing for energy sector impacts

U.S. markets betting on Biden, investors preparing for energy sector impacts

Despite the chance for a surprise Donald Trump victory in November’s U.S. presidential election, the country’s markets are locking in pricing on the assumption of…

  • By: Blake Wolfe
  • October 21, 2020 October 21, 2020
  • 09:15
Robust communications campaign leads to award for TMX Group

Robust communications campaign leads to award for TMX Group

TMX Group Ltd.’s robust communications campaign for its long-standing employee share purchase plan led to a win in the benefits plan communications category at Benefits Canada‘s 2020 Workplace Benefits…

Feds launching new online mental-health resources

Feds launching new online mental-health resources

This Mental Health Awareness Month, the federal government unveiled a series of initiatives to support the well-being of Canadian workers. The Ministry of Labour is partnering…

  • By: Staff
  • October 20, 2020 October 20, 2020
  • 15:15
Despite market uncertainty, Canada maintains No. 9 position in global retirement rankings

Despite market uncertainty, Canada maintains No. 9 position in global retirement rankings

Canada’s retirement income system scored ninth place for the second year in a row, securing a “B” rating in spite of uncertainty in the markets…

  • By: Staff
  • October 20, 2020 January 19, 2021
  • 15:00
Companies have modest hiring plans, low wage growth expectations, Bank of Canada says

Companies have modest hiring plans, low wage growth expectations, Bank of Canada says

Canadian workers and companies expect wage growth to stay low over the coming year over heightened uncertainty from the coronavirus pandemic, the Bank of Canada…

Median DB pension solvency up in 2019, FSRA monitors coronavirus impact

Median DB pension solvency up in 2019, FSRA monitors coronavirus impact

While the overall financial state of Ontario’s defined benefit pension plans improved in 2019, the Financial Services Regulatory Authority of Ontario continues to monitor fluctuations…

  • By: Staff
  • October 20, 2020 January 19, 2021
  • 09:05
CSS pension plan recognized for digital-first communications strategy

CSS pension plan recognized for digital-first communications strategy

The Co-operative Superannuation Society Pension Plan’s digital-first communications plan netted it the pension plan communications award at Benefits Canada‘s 2020 Workplace Benefits Awards on Oct.…

Without vaccine, business as unusual for employers likely to continue until early 2022

Without vaccine, business as unusual for employers likely to continue until early 2022

Canadian employers that were hoping to get back to business as usual this fall have had those hopes dashed as the second wave of the pandemic…

How pension plan sponsors can use demographic-focused investing

How pension plan sponsors can use demographic-focused investing

Over the last 40 years, the demographics of pension plan membership have changed drastically, said Michael Augustine, managing director and head of asset-liability management at…

  • By: Yaelle Gang
  • October 19, 2020 January 19, 2021
  • 15:15
How to beat the crowd in factor investing

How to beat the crowd in factor investing

Can factor investing continue to give investors an edge if everyone’s doing it? Interest in using factors to invest has been on an upward trend…

OMERS selling stake in Detroit rail tunnel

OMERS selling stake in Detroit rail tunnel

The Ontario Municipal Employees Retirement System’s infrastructure arm is selling its interest in the Detroit River tunnel partnership to Canadian Pacific. The sale, which will…

  • By: Staff
  • October 19, 2020 January 19, 2021
  • 09:00
Cost of employer medical benefits to rise 7.2% in 2021: report

Cost of employer medical benefits to rise 7.2% in 2021: report

The costs of employer medical benefits around the globe are forecasted to rise 7.2 per cent in 2021, outpacing general inflation by five per cent, according…

  • By: Staff
  • October 19, 2020 October 19, 2020
  • 08:45
Europe’s central banker: Recovery risks losing momentum

Europe’s central banker: Recovery risks losing momentum

The head of the European Central Bank says the economic recovery from the coronavirus pandemic “risks losing momentum” due to a second wave of infections…

Top ESG marks for Manulife Investment Management

Top ESG marks for Manulife Investment Management

Manulife Investment Management Holdings (Canada) Inc. has been named to the Principles for Responsible Investment’s PRI leaders’ group 2020 in recognition of its ‘cutting edge’…

  • By: Staff
  • October 16, 2020 January 19, 2021
  • 15:25