Latest news in Benefits Canada Archive

Survey finds 76% of Canadian businesses used federal wage subsidy to keep employees

Three-quarters (76 per cent) of Canadian business leaders say the Canada Emergency Wage Subsidy is a good investment to help the economy rebound and get Canadians…

  • By: Staff
  • September 22, 2020 November 17, 2020
  • 15:30

91% of institutional investors say pandemic will lead to a global recession: survey

A majority (79 per cent) of institutional investors see a global economic slowdown as the top threat to their portfolios in the next 12 months,…

  • By: Staff
  • September 22, 2020 November 17, 2020
  • 15:15
Conte Financial Services, Dickinson & Associates merging

Conte Financial Services, Dickinson & Associates merging

Conte Financial Services Inc. and Dickinson & Associates are merging to become the Prime Benefits Group. The two Ottawa-based employee benefits and pension consulting firms finalized the…

  • By: Staff
  • September 22, 2020 November 12, 2020
  • 15:00
Four trends in group retirement, investment programs

Four trends in group retirement, investment programs

The coronavirus pandemic is highlighting many trends in group retirement and investment programs, pushing the industry to be flexible and quick with some of the newer offerings.…

  • September 22, 2020 November 26, 2020
  • 08:45

Ontario allowing DB pension sponsors to defer contributions until 2021

The government of Ontario is providing employers with the option to defer contributions to certain defined benefit pension plans to help with their organization’s cash flow during…

  • By: Staff
  • September 22, 2020 November 30, 2020
  • 08:45
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Ontario Teachers’ opening Singapore office

The Ontario Teachers’ Pension Plan is opening a new office in Singapore to enhance its capabilities in Asia Pacific. As of the end of 2019,…

  • By: Staff
  • September 22, 2020 December 6, 2020
  • 07:18

Ontario Teachers’ opening Singapore office

The Ontario Teachers’ Pension Plan is opening a new office in Singapore to enhance its capabilities in Asia Pacific. As of the end of 2019,…

  • By: Staff
  • September 21, 2020 November 17, 2020
  • 15:45
Osler appointing Andrea Boctor to pensions, benefits group

Osler appointing Andrea Boctor to pensions, benefits group

Osler Hoskin and Harcourt LLP is appointing Andrea Boctor as a partner in its pensions and benefits group. Boctor’s practice encompasses all areas of pensions…

  • By: Staff
  • September 21, 2020 November 30, 2020
  • 15:15
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How active investors that don’t engage can hurt the market

The traditional worry about the rise of passive investments is that the trend makes for less informed pricing of assets in the market overall. Less…

OSFI launches discussion on tech risks to pensions, other federal financial institutions

The Office of the Superintendent of Financial Institutions is launching a three-month consultation on risks and other considerations regarding technological advancements impacting Canada’s financial sector.…

  • By: Staff
  • September 21, 2020 November 30, 2020
  • 09:20

Canadian workers saving more during coronavirus but still suffering financial stress: survey

While 62 per cent of working Canadians said they’re able to save more than five per cent of their paycheque in 2020, compared to 59…

  • By: Staff
  • September 21, 2020 November 17, 2020
  • 09:15
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CIA selects FTSE Russell to represent Canada bond market for commuted-value calculations

The Canadian Institute of Actuaries has selected FTSE Russell to represent the provincial and investment-grade corporate bond spread to be used for the CIA’s new…

  • By: Staff
  • September 21, 2020 December 6, 2020
  • 07:58

EAP counselling more effective on issues of presenteeism than other workplace problems: survey

Presenteeism is the No. 1 issue for employers in terms of its negative impact on the workforce and the extent to which is can be…

  • By: Staff
  • September 18, 2020 November 17, 2020
  • 15:30

CIA, FTSE Russell partner on commuted-value calculation

The Canadian Institute of Actuaries has selected FTSE Russell to represent the provincial and investment-grade corporate bond spread to be used for the CIA’s new…

  • By: Staff
  • September 18, 2020 November 30, 2020
  • 15:15

Concentrated portion of plan members responsible for 53% of total drug costs in 2019: report

Over the past four years, total drug costs adjudicated by HBM+ have risen from about $1.2 billion to $1.5 billion, while the number of claimants…

  • By: Staff
  • September 18, 2020 November 17, 2020
  • 15:00

Legal analysis suggests CPPIB not doing enough to transition to lower-carbon assets

The Canada Climate Law Initiative is calling into question whether the Canada Pension Plan Investment Board is sufficiently aligning its investments with the transition to…

  • By: Staff
  • September 18, 2020 November 17, 2020
  • 09:20
U.S. employers maintaining health benefits, considering other cost-cutting measures: survey

U.S. employers maintaining health benefits, considering other cost-cutting measures: survey

U.S. employers are planning to maintain core health benefits but are exploring other changes to preserve jobs and manage expenses, according to new a new survey…

  • By: Staff
  • September 18, 2020 November 12, 2020
  • 09:10
Guardian Capital teaming up with Moshe Milevsky on portfolio longevity solutions

Guardian Capital teaming up with Moshe Milevsky on portfolio longevity solutions

Guardian Capital is forming a collaboration with Moshe Milevsky, a professor of finance at York University’s Schulich School of Business, that focuses on retirement finance. As an academic, Milevsky…

  • By: Staff
  • September 18, 2020 November 12, 2020
  • 09:03

PIAC disputing need for further regulation on proxy advisor firms

The Pension Investment Association of Canada is taking issue with some of the recommendations drafted by Ontario’s capital markets modernization task force, specifically those related to…

  • By: Staff
  • September 18, 2020 November 17, 2020
  • 09:02
Editorial: Can working women have it all?

Editorial: Can working women have it all?

I’m about to embark on the most exciting and terrifying chapter of my life — by the time you read this, I’ll be more than…

Head to head: Should remote working continue after the pandemic?

Head to head: Should remote working continue after the pandemic?

The past few months have upended the traditional workplace, but whether remote working remains the norm is still up for debate. Robby Kwok, senior vice-president…

Hyundai Canada addresses coronavirus with mental-health, connectivity initiatives

Hyundai Canada addresses coronavirus with mental-health, connectivity initiatives

The coronavirus pandemic has altered the landscape of Canadian workplaces. Now, more than ever, communication and compassion are imperative for employees to feel secure and…

Women in Canada’s benefits, pension industries talk gender diversity

Women in Canada’s benefits, pension industries talk gender diversity

Early in Lana Burnstad’s career, she worked at a railway company that was merging several regional railways and their various benefits plans. Part of that…

Tips for helping staff piece together their retirement income puzzle

Tips for helping staff piece together their retirement income puzzle

Retirement income can be sliced into three broad categories: what an individual receives from their employer, what they receive from the government and everything else.…

A look at the investment variables of variable benefits

A look at the investment variables of variable benefits

Since retirees and active plan members are fundamentally different, should their investment options reflect that distinction? That’s the question confronting defined contribution plan sponsors as…