Latest news in Benefits Canada Archive

iA Financial Group appoints Éric Jobin as EVP, group benefits and retirement solutions

iA Financial Group appoints Éric Jobin as EVP, group benefits and retirement solutions

iA Financial Group is appointing Éric Jobin as executive vice-president of group benefits and retirement solutions. Jobin had been in the role, on an interim…

  • By: Staff
  • July 31, 2020 November 12, 2020
  • 15:00
Climate risk goes beyond the ‘E’ in ESG: webinar

Climate risk goes beyond the ‘E’ in ESG: webinar

Climate change has accelerated the risk of expensive natural disasters, but these risks still aren’t being adequately taken into consideration in investment decisions. “Climate risks oftentimes are…

BCI posts 3% gain for fiscal 2020

BCI posts 3% gain for fiscal 2020

The British Columbia Investment Management Corp. rounded out its fiscal year with a three per cent return, slightly underperforming its 3.3 per cent benchmark. In…

  • By: Staff
  • July 31, 2020 November 11, 2020
  • 09:54
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Are private equity managers balancing fundraising and deployment?

Private equity fundraising slowed in the second quarter of 2020, reaching only US$116 billion, its lowest quarterly point since the first quarter of 2018, according…

  • By: Staff
  • July 31, 2020 December 6, 2020
  • 09:33

Retroactive pay, pension, insurance increases in new agreement for postal workers

Canada Post Corp. employees and some retirees are receiving retroactive wage increases, as well as adjustments to their disability and life insurance and pensions, through two new…

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How can pension plan sponsors manage factor exposure in equity portfolios?

While factor behaviour tends to be consistent in market crashes and corrections, individual factor performance varies over the medium term. As such, institutional investors should…

  • By: Staff
  • July 31, 2020 December 6, 2020
  • 07:56
New report highlights financial considerations of delaying CPP payments

New report highlights financial considerations of delaying CPP payments

A retiree faces a 50 per cent probability of receiving more income by delaying Canada Pension Plan payments, according to a new report by the…

  • By: Staff
  • July 30, 2020 November 30, 2020
  • 15:15
Most RBC, TD employees to work from home until at least 2021

Most RBC, TD employees to work from home until at least 2021

Royal Bank of Canada and TD Bank Group say most of their staff will work from home until next year to further stop the spread…

Caisse, Sun Life, investing in telemedicine provider

Sun Life Financial is entering into a strategic commercial partnership and making a $32.7 million equity investment in Canadian telemedicine provider Dialogue. Through the deal,…

  • By: Staff
  • July 30, 2020 December 6, 2020
  • 14:26
Fees, terms can make all the difference in private equity partnerships, finds study

Fees, terms can make all the difference in private equity partnerships, finds study

What makes the fees and terms of one private equity deal better than another? A new study by Callan examined 90 private equity partnerships to…

  • By: Staff
  • July 30, 2020 November 12, 2020
  • 09:15
Sun Life, Caisse investing in Canadian telemedicine provider

Sun Life, Caisse investing in Canadian telemedicine provider

Sun Life Financial is making an equity investment of $32.7 million in Canadian telemedicine provider Dialogue, with the two entities forming a strategic commercial partnership.…

  • By: Staff
  • July 30, 2020 November 12, 2020
  • 08:45
Report calling for paid sick, family leave and changes to EI as part of pandemic recovery

Report calling for paid sick, family leave and changes to EI as part of pandemic recovery

A new report is urging the federal government to introduce new types of leave and make broad changes to employment insurance. The report, by the YWCA Canada…

  • By: Staff
  • July 30, 2020 November 12, 2020
  • 08:45
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Fed sees dim economic outlook as virus squeezes economy

Federal Reserve Chair Jerome Powell warned Wednesday that the viral epidemic is endangering the modest economic recovery that followed a collapse in hiring and spending…

Canadian DB plans see upsurge in second quarter: report

Canadian DB plans see upsurge in second quarter: report

Canadian defined benefit pension plans experienced an upsurge in the second quarter of 2020, posting a median return of 9.6 per cent, according to RBC…

  • By: Staff
  • July 29, 2020 November 12, 2020
  • 15:15
People Corporation adding Aon alums Siddall, Bell

People Corporation adding Aon alums Siddall, Bell

People Corporation Inc. is appointing two Aon alums to its team, effective July 31. Kim Siddall is vice-president of enterprise consulting for the West and Kevin Bell is…

  • By: Staff
  • July 29, 2020 November 12, 2020
  • 15:15
Workplace inclusivity starts with acknowledging systemic racism: report

Workplace inclusivity starts with acknowledging systemic racism: report

Canadian businesses are grappling with how to move forward with conversations around race. “In order to affect the systemic changes needed to foster inclusivity, we…

63% of Canadian employers investing in employee well-being for post-pandemic: survey

Four in five (80 per cent) Canadian employers believe they have the appropriate programs and practices in place to support employees’ mental, physical, emotional and…

  • By: Staff
  • July 29, 2020 February 17, 2021
  • 09:45
HOOPP joining association to foster peer-to-peer trading

HOOPP joining association to foster peer-to-peer trading

The Healthcare of Ontario Pension Plan, along with three other large pension plans and other stakeholders, is forming the Global Peer Financing Association. The goal…

  • By: Staff
  • July 29, 2020 November 12, 2020
  • 09:00
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Strong Q2 equity gains good news for DB plans: report

Canadian defined benefit pension plans recovered some of their losses from the start of 2020 in the second quarter off the back of strong public…

  • By: Staff
  • July 29, 2020 December 6, 2020
  • 07:48
OMERS appointing Ingrid Chingcuanco as VP, pension operations

OMERS appointing Ingrid Chingcuanco as VP, pension operations

The Ontario Municipal Employees Retirement System is appointing Ingrid Chingcuanco as vice-president of pension operations. She joined the OMERS nearly eight years ago as director…

  • By: Staff
  • July 28, 2020 November 12, 2020
  • 15:00
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ILPA introduces deal-by-deal agreement template for private equity industry

The Institutional Limited Partners Association is publishing a deal-by-deal model limited partnership agreement and term sheet to serve as a template for the industry. “We…

  • By: Staff
  • July 28, 2020 December 6, 2020
  • 10:26
A third of working Canadians worry about job security during pandemic: survey

A third of working Canadians worry about job security during pandemic: survey

More than half (58 per cent) of working Canadians said they feel more concerned about their financial situation due to the coronavirus pandemic, according to…

  • By: Staff
  • July 28, 2020 November 11, 2020
  • 09:20
CRA pension bulletin shouldn’t apply to MEPPs, JSPPs, says ACPM

CRA pension bulletin shouldn’t apply to MEPPs, JSPPs, says ACPM

In a letter to the Canada Revenue Agency’s registered plans directorate, the Association of Canadian Pension Management said a new draft bulletin only covers a concern attached…

  • By: Staff
  • July 28, 2020 November 30, 2020
  • 09:15

Survey: Business economists sketch a more hopeful outlook

The economic outlook of U.S. business economists has improved over the past three months, though their sunnier view may be jeopardized by the resurgence of…

Canadian DB pensions holding about equal weight in stocks, fixed income: PIAC

Canadian DB pensions holding about equal weight in stocks, fixed income: PIAC

Canadian defined benefit plan sponsors are holding an almost equal amount of fixed income and equity in their portfolios, according to the Pension Investment Association of Canada’s 2019 asset…

  • By: Staff
  • July 27, 2020 November 30, 2020
  • 15:15