Latest news in Benefits Canada Archive

Is value investing still relevant in a volatile market?

Is value investing still relevant in a volatile market?

Back in December 2018, I wrote an article asking whether it was a good time for pension plan sponsors to revisit value investing. At that time, public…

  • October 6, 2020 December 6, 2020
  • 08:45
IMF head says global economy facing long climb to recovery

IMF head says global economy facing long climb to recovery

The head of the International Monetary Fund says that the global economy has started on a long climb to stronger growth with prospects looking a…

Caisse part of group investing $150M in Quebec-based agri-food company

Caisse part of group investing $150M in Quebec-based agri-food company

The Caisse de dépôt et placement du Québec is part of a group investing $150 million in Quebec-based agri-food company Sollio Cooperative Group. The other…

  • October 6, 2020 January 19, 2021
  • 08:15
MindBeacon launching digital therapy tool to manage stress

MindBeacon launching digital therapy tool to manage stress

MindBeacon Group is launching a digital mental-health option to support all Canadians through heightened anxiety and stress related to the coronavirus pandemic. The organization found nearly half (46…

  • By: Staff
  • October 5, 2020 November 12, 2020
  • 15:00
CAP plan sponsors focusing on learnings from first six months of pandemic

CAP plan sponsors focusing on learnings from first six months of pandemic

While many Canadians panicked and stocked up on toilet paper when a global pandemic was declared in March, most capital accumulation plan members stayed calm…

  • October 5, 2020 January 19, 2021
  • 13:53
DBplus: new de-risking tool in the pension toolkit

DBplus: new de-risking tool in the pension toolkit

Defined benefit pension plans that were on route to de-risking when the coronavirus hit are facing a difficult road ahead in the current lower-for-longer interest…

  • October 5, 2020 January 19, 2021
  • 10:42

Employer health-care costs set to rise in 2021 due to pandemic: report

Employer health-care costs will rise in 2021 for several reasons related to the coronavirus pandemic, according to a new report by Willis Towers Watson. With many employees deferring…

  • By: Staff
  • October 5, 2020 November 16, 2020
  • 09:00
Great-West Lifeco subsidiary buys MassMutual retirement services business

OMERS appointing Paul Brundage as deputy chair of investments

The Ontario Municipal Employees Retirement System has appointed Paul Brundage as deputy chair of investments, effective Oct. 1. Previously, he was executive vice-president of Europe…

  • October 5, 2020 February 23, 2021
  • 08:17

DB pensions’ funding positions recovering, but major risks ahead: reports

The funded positions of Canadian defined benefit pension plans continued to recover in the third quarter of 2020, but major risks lie ahead, according to…

  • October 5, 2020 January 19, 2021
  • 08:09

Headversity, Cowan Insurance partner on mental-health app

Workplace mental health and resilience app Headversity is partnering with Cowan Insurance Group to offer its resources to the consultancy’s plan sponsor clients. Headversity’s platform…

  • By: Staff
  • October 2, 2020 November 12, 2020
  • 15:00
IMCO appointing new chief operating officer

IMCO appointing new chief operating officer

The Investment Management Corp. of Ontario is naming Tony Algar as its new chief operating officer, effective Sept. 28. Algar joins the IMCO from the…

  • October 2, 2020 January 19, 2021
  • 10:15

How IBM is using flexibility to safeguard employees’ mental health

At IBM Canada Ltd, if an employee joins a meeting, but doesn’t turn on their camera, the solution is simple: don’t worry about it. This is…

MSCI introducing Brazilian property index

MSCI introducing Brazilian property index

MSCI Inc. is expanding its range of emerging markets tools by launching a new property index for Brazil. The new index aims to bring transparency…

  • October 2, 2020 January 19, 2021
  • 08:44
Infrastructure bank to invest $10 billion in priority areas for pandemic recovery

Infrastructure bank to invest $10 billion in priority areas for pandemic recovery

The Liberal government is promising to finally spend $10 billion that has sat in the accounts of its infrastructure financing agency for years, hoping to…

Inflation slump in Europe could presage more stimulus

Inflation slump in Europe could presage more stimulus

Annual inflation in the 19-country eurozone sagged further below zero in September, bolstering expectations that the European Central Bank will add to its emergency stimulus…

Haleo, Optima partnering on insomnia treatment via EAP

Online sleep clinic Haleo and employee assistance program provider Optima Global Health are forming a partnership to make solutions for insomnia and other sleep disorders accessible…

  • By: Staff
  • October 1, 2020 November 16, 2020
  • 15:00
NWT, Nunavut workers’ commission proposing new pension system

NWT, Nunavut workers’ commission proposing new pension system

The Northwest Territories and Nunavut Workers’ Safety and Compensation Commission is proposing eliminating lifetime pensions and replacing them with a new system that includes earnings loss and…

  • By: Staff
  • October 1, 2020 November 30, 2020
  • 09:00
Canada maintains No. 8 global ranking for retiree well-being: report

Canada maintains No. 8 global ranking for retiree well-being: report

For the second year in a row, Canada ranked No. 8 among developed nations for retiree well-being, according to Natixis Investment Managers’ annual global retirement…

  • October 1, 2020 January 19, 2021
  • 08:51

Ford, Unifor agreement tackles pension, medical cannabis, racial inequality

Ford Motor Co. and Unifor’s new collective agreement tackles everything from racial inequality, medical cannabis coverage and a new pension plan. The $1.8 billion deal…

Canadian pension plans sign new investor statement on diversity and inclusion

Canadian pension plans sign new investor statement on diversity and inclusion

Canadian institutional investors representing more than $2.3 trillion in assets under management have signed a new statement on diversity and inclusion. The list of signatories…

  • October 1, 2020 January 19, 2021
  • 08:32

Health-care payouts by insurers plummeted $4.8BN due to pandemic: report

The coronavirus pandemic led to a sharp decrease in people visiting health professionals and filing claims, resulting in an estimated savings of $4.8 billion for Canadian…

  • By: Staff
  • September 30, 2020 November 16, 2020
  • 15:30

CPPIB to take 24% stake in global digital, IT company

The Canada Pension Plan Investment Board is committing US$300 million to take an approximate 24 per cent stake in Virtusa Corp., a global digital and information technology services company.…

  • By: Staff
  • September 30, 2020 November 16, 2020
  • 15:15

HR teams focusing on total rewards, not just salary, for 2021

Many human resources teams that are planning 2021 salary adjustments and possible changes to total rewards programs need to focus on immediate ways to keep employee morale…

CPPIB formally sets out ESG expectations for portfolio companies

The Canada Pension Plan Investment Board has formally outlined its expectations for portfolio companies when it comes to environmental, social and governance issues in a…

  • By: Staff
  • September 29, 2020 November 16, 2020
  • 15:00

Most Canadians would choose greater retirement security over more money now: survey

Three-quarters (74 per cent) of Canadians said they’d accept a slightly lower salary in exchange for a better — or any — pension plan, according…

  • By: Staff
  • September 29, 2020 November 30, 2020
  • 09:05