Latest news in Benefits Canada Archive

OMERS Ventures leads funding round for automotive intelligence company

The Ontario Municipal Employees Retirement System’s venture capital arm has led a $9 million series-A funding round for automative intelligence firm Acerta Analytics Solutions Inc.…

  • By: Staff
  • September 2, 2020 December 6, 2020
  • 08:27
Survey shows strong support for flexible, remote working post-coronavirus

Survey shows strong support for flexible, remote working post-coronavirus

Nearly half (45 per cent) of working Canadians said they’d prefer to work remotely at least three days a week, while more than a quarter…

  • By: Staff
  • September 2, 2020 November 12, 2020
  • 08:15
BCI investing in Indian telecommunications, CPPIB in Brazilian real estate

BCI investing in Indian telecommunications, CPPIB in Brazilian real estate

The British Columbia Investment Management Corp. is investing in an Indian telecommunications tower company alongside Brookfield Infrastructure Partners and its institutional partners. The transaction totals an equity commitment of…

  • By: Staff
  • September 1, 2020 November 11, 2020
  • 15:00
Caisse, CPPIB, Ontario Teachers’ invest in insurance company

Wellington Management names incoming CEO

Wellington Management Co. will be appointing Jean Hynes as chief executive officer upon the retirement of its current CEO Brendan Swords on June 30, 2021.…

  • By: Staff
  • September 1, 2020 January 20, 2021
  • 12:58
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Greystar joins CPPIB, Cyrela in Brazilian residential real estate joint venture

Greystar Real Estate Partners is joining the Canada Pension Plan Investment Board and Cyrela Brazil Realty in a joint venture that will develop, own and…

  • By: Staff
  • September 1, 2020 December 6, 2020
  • 09:24
OSFI lifting freeze on DB pension portability transfers, annuity purchases

OSFI lifting freeze on DB pension portability transfers, annuity purchases

The Office of the Superintendent of Financial Institutions is lifting the temporary freeze on portability transfers for private pension plans. The move reverses the OSFI’s response in…

  • By: Staff
  • September 1, 2020 November 30, 2020
  • 09:00
Connect to employees through the clutter with short, digital communications

Connect to employees through the clutter with short, digital communications

How long is your attention span? Be honest and think back to the last time you received an email about your employee benefits and didn’t…

  • By: Tom Milne
  • September 1, 2020 November 12, 2020
  • 08:45
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In perfect balance: Different approaches to rebalancing pension portfolios

The recent market turmoil caused by the coronavirus crisis has increased the focus on rebalancing decisions for many Canadian pension plans. As certain asset classes…

New Uber contract could have chilling effect on class action, says lawyer

New Uber contract could have chilling effect on class action, says lawyer

Uber Technologies Inc. is trying to keep its Canadian drivers from joining or starting class-action lawsuits against the company — a move that threatens to…

Majority of global public investors focused on ESG policies: report

Majority of global public investors focused on ESG policies: report

More than 90 per cent of global public investors have specific environmental, social and governance investment policies in place or are in the process of…

  • By: Staff
  • August 31, 2020 November 12, 2020
  • 15:15
Canadian model offers lessons for U.S. public pensions: report

Canadian model offers lessons for U.S. public pensions: report

In the wake of the pandemic-related market volatility that battered already challenged public sector defined benefit plans in the U.S., a recent paper by New…

Is it time to view natural capital as a stand-alone asset class?

Is it time to view natural capital as a stand-alone asset class?

The world’s natural resources that help sustain life on earth are making their debut as a distinct asset class with the introduction of a new joint venture…

Which companies are finalists in the 2020 Workplace Benefits Awards?

Benefits Canada is proud to announce the finalists of the 2020 Workplace Benefits Awards. While this year’s entry and judging process occurred during the coronavirus pandemic, almost 100 leading employers…

  • By: Staff
  • August 31, 2020 November 30, 2020
  • 09:00
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Economists agree we’re in a recession, but there’s little consensus on why

Economists say there is no doubt that Canada is experiencing a recession, but the exact criteria determining one is underway can be fraught with confusion.…

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What does a rise in Robinhood traders mean for institutional investors?

During and after the market crash of this year’s first quarter, retail traders flocked to the various commission-free online brokerages in droves. These traders began…

Canadian economy posted record drop in second quarter due to pandemic

The Canadian economy suffered its worst three-month stretch on record in the second quarter as the economy came to a near halt in April before…

Foodora parent company to pay $3.46-million to Canadian couriers

Foodora parent company to pay $3.46-million to Canadian couriers

More than 2,000 former Foodora Canada couriers will receive compensation for losing their contracts when the food delivery service abruptly exited the Canadian market in…

  • By: Staff
  • August 28, 2020 November 12, 2020
  • 15:00
PSP investing in reinsurer, OMERS acquiring HVAC company

Aon, Willis Towers Watson merger receives shareholder approval

Aon and Willis Towers Watson’s proposed merger has received approval by their respective shareholders. The merger, announced in March, remains subject to customary regulatory and…

  • By: Staff
  • August 28, 2020 January 20, 2021
  • 09:50
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Macklem says central bankers must speak simply or risk losing public trust

The head of the Bank of Canada made an international pitch to his fellow central bankers on Thursday to forge closer ties with average citizens…

U.S. push to further regulate ESG products in CAPs could hurt members

U.S. push to further regulate ESG products in CAPs could hurt members

The U.S. Department of Labor is taking jabs at the inclusion of environmental, social and governance products in capital accumulation plans — and it could…

  • By: Staff
  • August 28, 2020 November 30, 2020
  • 09:00

Shareholders approve Aon, Willis Towers Watson merger

Aon and Willis Towers Watson’s proposed merger has received approval by their respective shareholders. The merger, announced in March, remains subject to customary regulatory and…

  • By: Staff
  • August 28, 2020 May 13, 2021
  • 08:45
Employees must accumulate 10.9 times final pay to maintain income in retirement: report

Employees must accumulate 10.9 times final pay to maintain income in retirement: report

The average Canadian employee will have to accumulate 10.9 times their final pay to maintain the same spendable income once they retire, according to a…

  • By: Staff
  • August 28, 2020 November 12, 2020
  • 08:42
Feds seeking applications for social security tribunal

Feds seeking applications for social security tribunal

The federal government is seeking applications to appoint new full- and part-time members to its social security tribunal, the arm’s length entity responsible for decisions…

  • By: Staff
  • August 28, 2020 November 30, 2020
  • 08:41

Plan Sponsor Week: Globally mobile workers need extra help dealing with pandemic stress

Globally mobile employees may be feeling more discouragement, burnout and stress during the coronavirus pandemic compared to their domestic peers. Indeed, outside of the crisis,…

Plan Sponsor Week: Using analytics to monitor non-adherence, disease states

Plan Sponsor Week: Using analytics to monitor non-adherence, disease states

Plan sponsors have to move beyond benefits plan reporting and dig into analytics to better understand medication non-adherence and the top disease states affecting their workforces. “Leveraging plan-specific…