Latest news in Benefits Canada Archive

Third of employers froze salaries in 2020, compared to projection of 2%, finds survey

More than a third (36 per cent) of Canadian organizations froze salaries in 2020, compared to a pre-coronavirus forecast of just two per cent, according…

  • By: Staff
  • September 29, 2020 November 17, 2020
  • 08:45
Coronavirus prompting CAP sponsors to review TDF suites

Coronavirus prompting CAP sponsors to review TDF suites

My last column, in April, talked about how Canadian target-date fund suites behaved differently during the first quarter of this year, where markets were reacting…

Is gold really a good hedge for inflation?

Since the mid-1970s, gold prices have increased in periods when investors were concerned about future inflation. Currently, gold prices are near highs comparable to January…

  • By: Staff
  • September 28, 2020 November 16, 2020
  • 15:15

Ontario Teachers’ Jennifer Newman elected to IIROC board

Several members were either elected or re-elected to the Investment Industry Regulatory Organization of Canada’s board of directors last week. Among the newly elected members…

  • By: Staff
  • September 28, 2020 December 6, 2020
  • 10:54

NDP support for throne speech contingent on paid sick leave

New Democratic Party Leader Jagmeet Singh said his party will support last week’s throne speech on the condition that more Canadians be granted access to…

  • By: Staff
  • September 28, 2020 November 16, 2020
  • 09:30
How are insurers using block-level contract amendments to control drug costs?

How are insurers using block-level contract amendments to control drug costs?

An upcoming Sun Life Canada drug plan change that will be implemented outside of plan sponsors’ renewal periods is calling attention to the practice of block-level…

  • By: Kelsey Rolfe
  • September 28, 2020 November 12, 2020
  • 09:15
Furloughed WestJet workers demand clarity on wage subsidy program amid pay cut

Furloughed WestJet workers demand clarity on wage subsidy program amid pay cut

WestJet Airlines Ltd. is warning furloughed workers their pay will be cut by up to 53 per cent starting Sunday due to changes in the…

CFA Institute examining how financial sector can help mitigate climate change

The Chartered Financial Analyst Institute is looking to more deeply examine the financial industry’s role in mitigating climate change. In a new report, the CFA…

  • By: Staff
  • September 25, 2020 November 16, 2020
  • 15:15

Johnston Group, Empire Life launching benefits plan for mid-sized employers

Johnston Group Inc. and the Empire Life Insurance Co. are introducing a benefits program designed for employers with 25 to 200 employees. The product, which…

  • By: Staff
  • September 25, 2020 November 16, 2020
  • 15:00

FTSE Russell set to add Chinese government bonds to world government bond index

Chinese government bonds are set to be included in the FTSE Russell world government bond index. The changes came off the back of the index…

  • By: Staff
  • September 25, 2020 December 6, 2020
  • 11:54

Employers prioritizing support for working parents but current policies not effective: survey

Images of parents trying to shush their kids during work Zoom meetings are now as commonplace as, well, Zoom meetings. With many people six months into working from…

  • By: Staff
  • September 25, 2020 November 16, 2020
  • 08:45
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Caisse investing in European elderly care company

The Caisse de dépôt et placement du Québec is acquiring a minority interest in Colisée Group, a Paris-based elderly care company. The investment, alongside an…

  • By: Staff
  • September 25, 2020 December 6, 2020
  • 08:28

Pandemic affecting employee well-being, work-life balance: survey

While the coronavirus pandemic is increasing employee burnout globally, the impact differs across countries, according to a new work trends index by Microsoft Corp. The…

  • By: Staff
  • September 24, 2020 November 16, 2020
  • 15:15

Caisse investing in European nursing home company

The Caisse de dépôt et placement du Québec is acquiring a minority interest in Colisée Group, a Paris-based nursing home company. The investment, alongside an infrastructure fund…

  • By: Staff
  • September 24, 2020 November 17, 2020
  • 15:00

Proteus promoting three to senior investment consultant roles

Proteus is promoting Teimaz Binesh, Lewis Powell and Michael Scott to senior investment consultants. In their new roles, they’ll continue to provide investment consulting and…

  • By: Staff
  • September 24, 2020 November 17, 2020
  • 15:00

IPOs head for banner year on stock market’s strength

Companies that cater to the “new normal” of working and shopping from home are rushing to go public. 2020 could turn out to be the…

2020 Global Real Estate Report

Transformative trends pension plans need to navigate

  • September 24, 2020 November 11, 2020
  • 11:25

Half of Canadians see anxiety and depression as disabilities: survey

Canadians who’ve experienced mental-health challenges, or have taken time off for disabilities, are more likely to view a mental-health illness as a disability, according to a new…

  • By: Staff
  • September 24, 2020 November 17, 2020
  • 09:30

What did the throne speech promise for employers and workers?

With employers and employees still suffering through the limbo of the coronavirus pandemic, Wednesday’s throne speech clarified how the federal government plans to continue to…

Caisse invests in agri-food sustainability, OMERS and Ontario Teachers’ sell stake in smart-metering company

The Caisse de dépôt et placement du Québec and multi-stage investment firm S2G Ventures are creating a co-investment partnership whereby the Caisse will invest up…

  • By: Staff
  • September 23, 2020 December 6, 2020
  • 16:21
Caisse invests in sustainability, OMERS and Ontario Teachers’ sell stake in utility

Caisse invests in sustainability, OMERS and Ontario Teachers’ sell stake in utility

The Caisse de dépôt et placement du Québec and multi-stage investment firm S2G Ventures are creating a co-investment partnership whereby the Caisse will invest up to US$125…

  • By: Staff
  • September 23, 2020 February 23, 2021
  • 15:15
L’Oréal Group launches new global employee share purchase plan

L’Oréal Group launches new global employee share purchase plan

L’Oréal Group is launching a new employee share purchase plan in 57 of the countries in which it operates.  The latest offering comes on the heels of the global beauty…

  • By: Staff
  • September 23, 2020 November 12, 2020
  • 15:15

PIAC comments on FSRA’s plan for missing plan members

The Pension Investment Association of Canada is expressing its support for the Financial Services Regulatory Authority of Ontario’s draft guidelines for pension plan sponsors dealing…

  • By: Staff
  • September 23, 2020 November 26, 2020
  • 09:30
Protecting worker health, well-being top challenge for HR during pandemic, finds survey

Protecting worker health, well-being top challenge for HR during pandemic, finds survey

Human resources professionals are facing a range of complex challenges since the global pandemic began, according to a new survey by ADP Canada Co. The majority (61…

  • By: Staff
  • September 23, 2020 November 12, 2020
  • 08:45

FSRA allowing DB pension sponsors to defer contributions until 2021

The Financial Services Regulatory Authority of Ontario is providing employers with the option to defer contributions to certain defined benefit pension plans to help with…

  • By: Staff
  • September 23, 2020 December 6, 2020
  • 07:53