Latest news in Benefits Canada Archive

Two B.C. employers join CAAT’s DBplus pension

Two B.C. employers join CAAT’s DBplus pension

Two employers from British Columbia’s not-for-profit sector are joining the Colleges of Applied Arts and Technology pension plan’s DBplus. Effective Oct. 1, 53 full-time and…

  • By: Staff
  • October 16, 2020 January 19, 2021
  • 07:41
BoC deputy: pandemic means central banks must ‘move faster’ on digital currency plans

BoC deputy: pandemic means central banks must ‘move faster’ on digital currency plans

Pandemic-related shifts in how people shop, sending more people into cyberspace than a physical space, means central banks must speed up work on creating their…

Work from home decreasing in Canada, as U.S. moves to make it permanent: surveys

Work from home decreasing in Canada, as U.S. moves to make it permanent: surveys

The Canadian workforce is still undecided on the longevity of the shift to working from home, but across the border U.S. employers are increasingly making…

  • By: Staff
  • October 15, 2020 October 15, 2020
  • 08:45
OSFI, FSRA forming committee to collaborate on DC pension plans

OSFI, FSRA forming committee to collaborate on DC pension plans

The Office of the Superintendent of Financial Institutions and the Financial Services Regulatory Authority of Ontario are establishing a new committee to review both regulators’ approaches…

  • By: Staff
  • October 14, 2020 January 19, 2021
  • 15:15
Medavie Blue Cross launching drug management solution

Medavie Blue Cross launching drug management solution

Medavie Blue Cross is launching a new drug management solution that will offer broader drug coverage while aiming to lower costs for group benefits plan…

  • By: Staff
  • October 14, 2020 October 14, 2020
  • 15:15
Willis Towers Watson appointing director of climate transition risk

Willis Towers Watson appointing director of climate transition risk

Willis Towers Watson is appointing Tony Rooke as director of climate transition risk in the organization’s climate and resilience hub. In the new role, Rooke will…

  • By: Staff
  • October 14, 2020 January 19, 2021
  • 15:00
Markets sending mixed signals leading up to U.S. election

Markets sending mixed signals leading up to U.S. election

With U.S. stock prices exceeding pre-coronavirus highs and credit spreads nearly as tight as before the pandemic, investors are signalling overconfidence in the market, says…

  • By: Yaelle Gang
  • October 14, 2020 January 19, 2021
  • 09:41
Canadians hesitant to access mental-health supports, despite declines during pandemic

Canadians hesitant to access mental-health supports, despite declines during pandemic

Despite a decline in mental health and well-being since the beginning of the coronavirus pandemic, Canadians are still hesitant to access support, according to Morneau Shepell…

  • By: Staff
  • October 14, 2020 October 14, 2020
  • 08:45

Pension Leadership Award finalists announced

The Canadian Investment Review launched the first annual Pension Leadership Awards in 2020 to recognize and award leading plan sponsors across several categories who are…

  • By: Staff
  • October 14, 2020 October 14, 2020
  • 08:13
Mercer Canada appoints new HR leader

Mercer Canada appoints new HR leader

Mercer Canada is appointing Kimm Maugeri as its new human resources leader. With over 20 years of experience in HR, with a focus on diversity and inclusion,…

  • By: Staff
  • October 13, 2020 January 19, 2021
  • 16:00
Canadian pension plans endorse Canadian Coalition for Good Governance stewardship principles

Canadian pension plans endorse Canadian Coalition for Good Governance stewardship principles

For the first time, organizations are publicly endorsing the Canadian Coalition for Good Governance’s stewardship principles. To date, the endorsers include the Alberta Investment Management…

Employee burnout surges amid coronavirus pandemic: survey

Employee burnout surges amid coronavirus pandemic: survey

A third (33 per cent) of employees said they’re more burned out on the job these days compared to 2019, according to a new survey by…

  • By: Staff
  • October 13, 2020 October 13, 2020
  • 15:15
Caisse makes first infrastructure equity investment in Spain, CPPIB to sell stake in London real estate

Caisse makes first infrastructure equity investment in Spain, CPPIB to sell stake in London real estate

The Caisse de dépôt et placement du Québec is buying a portfolio of 73 photovoltaic plants from Q-Energy Ltd., the first step in creating a…

  • By: Staff
  • October 13, 2020 January 19, 2021
  • 12:52
Taking the long view on effectively dealing with LTD claims

Taking the long view on effectively dealing with LTD claims

On average, one in three Canadians will be disabled for 90 days or more at least once before they reach age 65, according to the…

  • By: Bob Carter
  • October 13, 2020 February 4, 2021
  • 08:45
A path forward for institutional investors amid market headwinds

A path forward for institutional investors amid market headwinds

The impact of powerful trends, including aging populations and growing debt levels in the world’s largest economies, has been somewhat mitigated in recent years by…

CPPIB to sell stake in London real estate, Caisse invests in renewable assets in Spain

CPPIB to sell stake in London real estate, Caisse invests in renewable assets in Spain

The Canada Pension Plan Investment Board is selling its 50 per cent interest in the first phase of a real estate development in London, England. Phase…

  • By: Staff
  • October 9, 2020 October 9, 2020
  • 10:30
AIMCo hires first chief investment strategy officer, Rabovsky takes Fairwater CIO role

AIMCo hires first chief investment strategy officer, Rabovsky takes Fairwater CIO role

The Alberta Investment Management Corp. is hiring Amit Prakash as its first chief investment strategy officer. “The CISO will specifically focus on ensuring that AIMCo’s…

  • By: Staff
  • October 9, 2020 January 19, 2021
  • 08:45
Institutional investors increasingly interested in ESG factors: survey

Institutional investors increasingly interested in ESG factors: survey

A third (33 per cent) of institutional investors that haven’t yet incorporated environmental, social and governance factors into their investment decisions said they’re considering it, according…

  • By: Staff
  • October 9, 2020 January 19, 2021
  • 08:45
Morneau Shepell expanding into telemedicine services

Morneau Shepell expanding into telemedicine services

Morneau Shepell Ltd. is expanding into the growing telemedicine market to provide Canadian benefits plan members and their families with more convenient access to digital health-care…

  • By: Staff
  • October 8, 2020 October 8, 2020
  • 15:15
NL urged to include DB plan sponsors in new pension unlocking rules

NL urged to include DB plan sponsors in new pension unlocking rules

While the Association of Canadian Pension Management is urging the Newfoundland and Labrador government to introduce legislative amendments to facilitate pension unlocking in cases of financial hardship,…

  • By: Staff
  • October 8, 2020 January 19, 2021
  • 15:15
Lowe’s Canada paying bonus to eligible employees

Lowe’s Canada paying bonus to eligible employees

To recognize frontline, hourly employees for their service during the coronavirus pandemic,  Lowe’s Canada is paying a discretionary bonus to all eligible full-time, part-time and seasonal…

  • By: Staff
  • October 8, 2020 October 8, 2020
  • 15:15
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Path to economic recovery filled with risks that need to be managed, Macklem says

The governor of the Bank of Canada said managing the risks from the pandemic is more critical than ever and it is key to a…

Quebec tables bill allowing target-benefit pension plans

Quebec tables bill allowing target-benefit pension plans

Quebec is one step closer to allowing employers to introduce target-benefit pension plans.  On Wednesday, Eric Girard, Quebec’s minister of finance, tabled Bill 68, which was…

  • By: Staff
  • October 8, 2020 January 19, 2021
  • 08:46
67% of working Canadians would use virtual tools for mental health: survey

67% of working Canadians would use virtual tools for mental health: survey

More than two-thirds (67 per cent) of working Canadians said they’d use video chat, web or telephone-based health support to consult with a mental-health practitioner,…

  • By: Staff
  • October 8, 2020 January 19, 2021
  • 08:45
Women considering downshifting, leaving careers due to pandemic: report

Women considering downshifting, leaving careers due to pandemic: report

One in four women in the U.S. are either considering downshifting their careers or leaving the workplace entirely, according to a new report by McKinsey & Company and…

  • By: Staff
  • October 7, 2020 January 19, 2021
  • 15:00