Latest news in Benefits Canada Archive

Plan Sponsor Week: How Scotiabank is supporting staff during coronavirus

With almost 100,000 employees in 30 countries, Scotiabank’s approach to global benefits provision is more about aligning philosophy or guiding principles than it is around…

Plan Sponsor Week: Mental-health support starts with understanding barriers

While the vast majority of Canadians say the coronavirus pandemic is impacting their mental health, just 60 per cent are receiving the treatment or social support…

What tools can employers use to address employees’ sleep concerns?

Plan Sponsor Week: Sleep-specific CBT valuable add to benefits plans

Plan members living with insomnia or sleep problems could benefit from sleep-specific cognitive behavioural therapy programs accessible through their benefits plans. “One of the key…

Plan Sponsor Week: How WSP Canada turned benefits wish list into reality

Before its benefits redesign, WSP Canada Inc. had a simple but effective idea: when you hear a good idea, write it down. “On an ongoing…

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Fed: Rates to stay ultra low even after inflation picks up

The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates near zero even after…

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Mohawk College Foundation joins CAAT’s DBplus

The Mohawk College Foundation is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. Prior to the move, which…

  • By: Staff
  • August 27, 2020 December 6, 2020
  • 09:17
Loyalist College janitors’ new contract includes pension, sick days

Loyalist College janitors’ new contract includes pension, sick days

Janitors working at Loyalist College in Belleville, Ont. have a new ratified contract that includes a pension plan, sick days and a wage increase. The employees,…

  • By: Staff
  • August 27, 2020 November 30, 2020
  • 09:00
Mohawk College Foundation moving group RRSPs into DB pension

Mohawk College Foundation moving group RRSPs into DB pension

The Mohawk College Foundation is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. Prior to the move, which…

  • By: Staff
  • August 27, 2020 November 30, 2020
  • 08:45
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Bank of Canada eyes effect on wealth, income distribution in review: Wilkins

The second-in-command at the Bank of Canada said Wednesday that any changes to the underpinning of its monetary policy will be judged against how they…

Mark Carney to head ESG, impact investing at Brookfield

Mark Carney to head ESG, impact investing at Brookfield

Brookfield Asset Management Inc. is appointing Mark Carney as vice-chair and head of environmental, social and governance and impact fund investing. Carney is currently the United Nations’ special envoy…

Mark Carney joins Brookfield Asset Management

Mark Carney will lead a team at Brookfield Asset Management focused on investing in positive environmental, social and governance changes, the alternative asset manager said…

Empire Life adding telemedicine to group benefits plans

The Empire Life Insurance Co. is adding telemedicine services to its group benefits plans. Beginning Sept. 1, 2020, all employees whose plan sponsors offer Empire…

  • By: Staff
  • August 26, 2020 November 23, 2020
  • 15:00
Would Quebecers benefit from a higher eligibility age for QPP?

Would Quebecers benefit from a higher eligibility age for QPP?

Quebecers are more likely to start taking benefits from the Quebec Pension Plan at age 60 than other Canadians with their Canada Pension Plan benefits, according…

  • By: Staff
  • August 26, 2020 November 30, 2020
  • 10:00
Majority of asset owners satisfied with portfolio performance in 2020 so far: survey

Majority of asset owners satisfied with portfolio performance in 2020 so far: survey

Coming out of the fastest market crash in history, asset owners are cautiously optimistic heading into a vastly changed investment landscape, according to a new…

  • By: Staff
  • August 26, 2020 November 12, 2020
  • 09:30
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CFOs overconfident on market predictions: paper

Chief financial officers may be over-confident when it comes to investment forecasts, even when they’ve been proven wrong in the past, according to a new…

  • By: Staff
  • August 26, 2020 December 6, 2020
  • 08:29
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A do-it-yourself approach to buy-in annuities

With an aging population of baby boomers and a general trend toward closing defined benefit pensions, many plan sponsors are facing negative cash flow situations.…

  • By: Yaelle Gang
  • August 26, 2020 December 6, 2020
  • 07:43

Caisse’s real estate arm investing in logistics site in Australia

Ivanhoé Cambridge, the Caisse de dépôt et placement du Québec’s real estate arm, is entering into an agreement with real estate logistics specialist LOGOS Group…

  • By: Staff
  • August 25, 2020 December 5, 2020
  • 15:15
Ontario Teachers’ posts -0.4% return for H1, rebalances away from fixed income

Ontario Teachers’ posts -0.4% return for Q1, rebalances away from fixed income

The Ontario Teachers’ Pension Plan posted a negative return of 0.4 per cent in the first half of 2020. “The pandemic has brought some specific…

Coronavirus changing how employers value, measure human capital: report

Coronavirus changing how employers value, measure human capital: report

While intangible assets like human capital and culture are increasingly at the forefront of employers’ concerns, frameworks to manage these factors are lagging, according to a new paper…

  • By: Staff
  • August 25, 2020 November 24, 2020
  • 09:15

Sounding Board: Is it time to update vision care benefits plan design?

For many Canadians, quality vision is an ability taken for granted until we experience impairment. Whether it’s a prescription change, eye strain from our increasingly…

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Bank of Canada looks for broader input in updating inflation target framework

The Bank of Canada is turning to the public for input on its inflation-rate target that underlies any changes to the central bank’s trend-setting interest…

Morneau Shepell expanding clinical network capacity for mental-health support

Morneau Shepell Ltd. is expanding its clinical network capacity by 25 per cent. The growth, which is intended to increase the organization’s ability to provide…

  • By: Staff
  • August 25, 2020 November 24, 2020
  • 08:45

iA Financial adding Homewood Health’s EAP to wellness offering

iA Financial Group is partnering with Homewood Health to provide plan sponsors with access to the latter’s employee assistant program. The EAP, available à la…

  • By: Staff
  • August 24, 2020 December 2, 2020
  • 15:15

Newtopia introducing chronic disease product suite for plan sponsors

Toronto-based disease prevention technology company Newtopia Inc. is introducing a product suite aimed at preventing, reversing and slowing the progression of three chronic conditions. Targeting plan members…

  • By: Staff
  • August 24, 2020 November 24, 2020
  • 15:00
Ontario CMHA provides toolkit for employers, staff for return-to-workplace stress

Ontario CMHA provides toolkit for employers, staff for return-to-workplace stress

The Ontario division of the Canadian Mental Health Association is providing a toolkit for employers and employees to help them navigate the complex mental-health realities…

  • By: Staff
  • August 24, 2020 November 12, 2020
  • 09:45