Latest news in Benefits Canada Archive

McGill pension plan appointing new administrator

McGill pension plan appointing new administrator

The McGill University pension plan is appointing Sun Life Financial to provide administration services in collaboration with consultancy Normandin Beaudry. This is the second of the…

  • By: Staff
  • October 26, 2020 January 19, 2021
  • 15:00
Onus increasingly on employees to plan for retirement but employers still play role

Onus increasingly on employees to plan for retirement but employers still play role

While pension plan sponsors and the government have roles to play when it comes to retirement, it’s increasingly up to individual employees to ensure they…

TMX Group awarded for mobilizing to support staff well-being during coronavirus

TMX Group awarded for mobilizing to support staff well-being during coronavirus

With 95 per cent of employees working from home as of mid-March, TMX Group Ltd.’s wellness team quickly mobilized to create and implement a weekly…

Coronavirus pandemic affecting retirement plans, savings: survey

Coronavirus pandemic affecting retirement plans, savings: survey

Many Canadians are seeing the impact of the ongoing coronavirus pandemic on their retirement plans and ability to save, according to a new survey by…

  • By: Staff
  • October 23, 2020 October 23, 2020
  • 15:15
PMPRB publishes new guidelines on drug pricing in Canada

PMPRB publishes new guidelines on drug pricing in Canada

The Patented Medicine Prices Review Board published its new guidelines on Friday. The guidelines, which will take effect on Jan. 1, 2021, aim to modernize Canada’s pricing…

  • By: Staff
  • October 23, 2020 October 23, 2020
  • 15:15
Ericsson wins award for well-rounded health and wellness program

Ericsson wins award for well-rounded health and wellness program

At Benefits Canada‘s 2020 Workplace Benefits Awards on Oct. 16, Ericsson was recognized for its comprehensive health and wellness program that helps employees address their physical, mental and social…

What do historically low interest rates mean for DB pension de-risking?

What do historically low interest rates mean for DB pension de-risking?

When the coronavirus pandemic hit, many organizations were focused on getting through the short term, but defined benefit pension plan sponsors are starting to take…

  • By: Yaelle Gang
  • October 23, 2020 January 19, 2021
  • 08:45
OPTrust invests in environmental and waste management solutions company

OPTrust invests in environmental and waste management solutions company

The OPSEU Pension Trust is investing in Environmental 360 Solutions Inc., an environmental and waste management solutions company that serves municipalities and commercial customers. The…

  • By: Staff
  • October 23, 2020 January 19, 2021
  • 07:41
What role can insurance-linked securities play in pension portfolios?

What role can insurance-linked securities play in pension portfolios?

In a market rocked by a considerable increase in cross-asset volatility, the need to search for alternative means of diversification that embrace different sources of…

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…