Latest news in Benefits Canada Archive

What factors are impacting Canadians’ mental health during pandemic?

What factors are impacting Canadians’ mental health during pandemic?

Employment status, income level and helpful coping strategies are key factors impacting how Canadians feel about their mental health, according to a new survey by the Mental…

  • By: Staff
  • June 29, 2020 November 12, 2020
  • 09:45
Majority of Canadians are prepared for retirement: report

Majority of Canadians are prepared for retirement: report

More than 80 per cent of Canadians aged 25 to 64 are prepared for retirement and the vast majority have a high probability of being…

  • By: Staff
  • June 29, 2020 November 30, 2020
  • 09:15
Half of Canadian plan members confident their benefits plan covers high-cost drugs: survey

Half of Canadian plan members confident their benefits plan covers high-cost drugs: survey

Nearly half (49 per cent) of Canadian plan members said they’re confident their group benefits plan will cover medications for serious diseases such as cancer…

  • By: Staff
  • June 29, 2020 November 12, 2020
  • 09:00
How are pension plans conducting due diligence amid physical distancing?

How are pension plans conducting due diligence amid physical distancing?

Before physical distancing, pension plan sponsors typically held in-person meetings and site visits when allocating to new investment managers. “I like to look people in…

PSP Investments completes sale of Advisor Group

Coronavirus: a true test of partnership for private equity firms

As the novel coronavirus pandemic upended the way businesses operate, investors around the world have been able follow daily market gyrations in real time to…

CPPIB investing in U.K. residential real estate

CPPIB investing in U.K. residential real estate

The Canada Pension Plan Investment Board is building on its partnership with Lendlease Corp. with a further £85 million 50/50 co-investment in the U.K. residential real…

  • By: Staff
  • June 26, 2020 November 12, 2020
  • 15:15
Morneau Shepell appointing new retirement solutions partner

Morneau Shepell appointing new retirement solutions partner

Morneau Shepell Ltd. is appointing Glen Oikawa as a client relationship partner, retirement solutions partner and Calgary office leader. In the new role, he’ll focus…

  • By: Staff
  • June 26, 2020 November 12, 2020
  • 15:00
Global pension funds still prefer active strategies on climate change investing: survey

Global pension funds still prefer active strategies on climate change investing: survey

The vast majority (81 per cent) of global pension plan sponsors said they have allocations to some kind of climate change-related funds, according to a new…

  • By: Staff
  • June 26, 2020 November 12, 2020
  • 09:15
Drug adherence an increasing issue for plan members, sponsors, finds survey

Drug adherence an increasing issue for plan members, sponsors, finds survey

While 55 per cent of Canadian plan members take at least one medication on a regular basis, this increases to 70 per cent among those…

  • By: Staff
  • June 26, 2020 November 12, 2020
  • 09:00
OMERS Sponsors Corp. approves shared-risk indexing, other plan design changes

OMERS Sponsors Corp. approves shared-risk indexing, other plan design changes

Plan design changes are on the horizon for the Ontario Municipal Employees Retirement System’s primary pension plan. The OMERS Sponsors Corp. board has approved five…

  • By: Staff
  • June 26, 2020 November 12, 2020
  • 08:30
Feds extending time period for temporary layoffs during pandemic

Feds extending time period for temporary layoffs during pandemic

Canada is providing federally regulated employers with more time to recall employees who were laid off due to the coronavirus pandemic. Under employment legislation, employers could temporarily lay…

  • By: Staff
  • June 25, 2020 November 12, 2020
  • 15:15
Manulife investing $3.5M in workplace diversity, inclusion

Manulife investing $3.5M in workplace diversity, inclusion

Manulife Financial and its U.S. division John Hancock are investing more than $3.5 million over the next two years to promote diversity, equity and inclusion…

  • By: Staff
  • June 25, 2020 November 12, 2020
  • 15:00

Sanofi survey finds age a factor in levels of workplace stress

While benefits plan members are experiencing levels of stress that impact their productivity at work, a growing number feel their employer is supporting their mental…

  • By: Staff
  • June 25, 2020 November 23, 2020
  • 08:50

Feds introducing new regulations to prevent workplace harassment, violence

The federal government is introducing new regulations to protect employees from harassment and violence in the workplace. The regulations, which take effect on Jan. 1, 2021,…

  • By: Staff
  • June 25, 2020 December 2, 2020
  • 08:45
PSP, CPPIB invest in biotech, OMERS Ventures in U.S. residential real estate

PSP, CPPIB invest in biotech, OMERS Ventures in U.S. residential real estate

The Canada Pension Plan Investment Board and the Public Sector Pension Investment Board are participating in the initial round of financing for Seattle-based Sana Biotechnology Inc.…

  • By: Staff
  • June 25, 2020 November 12, 2020
  • 08:30
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UN PRI encouraging signatories to focus on real-world outcomes

The Principles for Responsible Investment has released a framework for investors to help focus on aligning their activities with the UN’s sustainable development goals. “Issues…

  • By: Staff
  • June 25, 2020 December 6, 2020
  • 08:10
Ontario Teachers’ appointing Karen Frank as senior managing director of equities

Ontario Teachers’ appointing Karen Frank as senior managing director of equities

The Ontario Teachers’ Pension Plan is appointing Karen Frank as senior managing director of equities. Based in the pension fund’s London office, she’ll take on the new role in…

  • By: Staff
  • June 24, 2020 November 12, 2020
  • 15:15
Canadian workers want to maintain flexible, remote work after pandemic: survey

Canadian workers want to maintain flexible, remote work after pandemic: survey

While 87 per cent of Canadian employees who started working remotely for the first time during the coronavirus pandemic believe it will have a long-term…

  • By: Staff
  • June 24, 2020 November 12, 2020
  • 15:15
Workplace inclusivity starts with acknowledging systemic racism: report

OPB outlines commitment to stand against anti-Black, anti-Indigenous racism

The Ontario Pension Board has released a statement addressing the role it plays in standing against anti-Black and anti-Indigenous racism. “I know some of you…

  • By: Staff
  • June 24, 2020 February 23, 2021
  • 15:00
What’s dragging down the Canadian economy as the world reopens?

What’s dragging down the Canadian economy as the world reopens?

Along with the rest of the globe, Canada isn’t likely to see the V-shaped recovery that institutional investors were hoping for as it stares down…

Survey finds health apps, digital devices growing in popularity

Survey finds health apps, digital devices growing in popularity

Benefits plan members are increasingly using digital devices and mobile apps to improve their health, according to the 2020 Sanofi Canada health-care survey. More than…

  • By: Staff
  • June 24, 2020 November 12, 2020
  • 09:05
Unifor, Co-op end months-long pension dispute with new collective agreement

Unifor, Co-op end months-long pension dispute with new collective agreement

Saskatchewan refinery workers have ratified a tentative agreement with Federated Co-operatives Ltd., bringing an end to a half-year labour dispute over the company’s defined benefit pension…

  • By: Staff
  • June 24, 2020 November 12, 2020
  • 09:00
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Rebalancing rules bolster long-term performance in market stress

While it may seem counter intuitive to add higher-risk securities to a portfolio during times of severe market stress, doing so can be part of…

  • By: Staff
  • June 24, 2020 December 6, 2020
  • 08:43
Saskatchewan’s PEBA outsourcing asset servicing for DB plans

Saskatchewan’s PEBA outsourcing asset servicing for DB plans

Saskatchewan’s Public Employees Benefits Agency is engaging CIBC Mellon to provide global and domestic custody, institutional accounting and securities lending. Through the partnership, the PEBA will use BNY Mellon…

  • By: Staff
  • June 24, 2020 November 12, 2020
  • 08:30
Ontario Teachers’ investing in UAE-based gas pipeline infrastructure

Ontario Teachers’ investing in UAE-based gas pipeline infrastructure

The Ontario Teachers’ Pension Plan is joining a consortium of other institutional investors to invest in certain gas pipeline assets of the Abu Dhabi National Oil Co.…

  • By: Staff
  • June 23, 2020 November 12, 2020
  • 15:00