Statistics Canada is reporting a record high unemployment rate as the economy added 289,600 jobs in May, with businesses reopening amid easing public health restrictions.…
The Local Authorities Pension Plan is reporting a $3.4-billion loss in an “exceedingly difficult” first quarter, reducing the size of the fund by 6.5 per cent. The…
While some defined contribution pension plan members may push their retirement plans back because of market turmoil caused by the coronavirus, others won’t be willing…
The Investment Management Corp. of Ontario is adding €250 million to its previous investments in euNetworks Group Ltd., a European bandwidth infrastructure company. The cash injection is…
Green Shield Canada is partnering with ManagingLife Inc. to offer the software developer’s Manage My Pain app at no cost to benefits plan members for…
The federal government and several provinces are signing a new agreement regarding administration and regulation of multi-jurisdictional pension plans. The provincial governments of British Columbia, Alberta, Saskatchewan, Ontario,…
With many Canadians dealing with financial stress, employers are uniquely positioned to help, but their financial wellness programs must go beyond just literacy. “[Everyone] has heard the term…
With so much uncertainty on the horizon, should pension plan sponsors be preparing to operate in a deflationary or inflationary environment? In the short term,…
If employee productivity increases by two per cent per year for the next decade, Canadians could enjoy a four-day workweek without giving up income or…
Hub International Ltd. is acquiring Usefulideas, an employee benefits and group retirement consultancy based in Toronto. Joanne Rose, the organization’s principal and senior benefits consultant,…
The Caisse de dépôt et placement du Québec has released its annual report, highlighting the results previously announced on Feb. 20, including a return of…
A group of more than 80 global investment managers with a combined $10 trillion in assets under management is calling on Alphabet Inc. to implement…
On May 12, Benefits Canada hosted a webinar to discuss the pharmaceutical industry’s efforts during the coronavirus crisis, as well as some key policy issues…
The Caisse de dépôt et placement du Québec and the Canada Pension Plan Investment Board are investing in WSP Global Inc., an engineering and design services firm,…
While real assets have traditionally served institutional investors well during times of economic stress, the ramifications of the coronavirus pandemic are starting to take their…
Will this summer be prime vacation time for Canadians? While travel restrictions and social distancing protocols are still in effect, many employers are encouraging their staff…
A quarter (26 per cent) of Canadians indicated moderate to severe anxiety levels, 23 per cent said they felt lonely occasionally or most of the…
The Investment Management Corp. of Ontario is appointing Nick Chamie as chief strategist to lead the organization’s asset allocation, currency management and fixed income strategies…
The Municipal Property Assessment Corp. is hosting a series of virtual leader chats to help its employees manage the mental-health challenges of the coronavirus pandemic…
The first quarter of 2020 was rough for Ontario defined benefit pension plans as they experienced the most significant quarterly decline in projected solvency ratios…
The Ontario government is amending the Employment Standards Act to make temporary layoffs which occurred after March 1, 2020, part of new emergency leave provisions…
The first quarter of 2020 was rough for Ontarian defined benefit pension plans as they experienced the most significant quarterly decline in projected solvency ratios…
There’s no question that COVID-19 has disrupted usual work-life routines. The need to work from home, self-isolate and quarantine can have significant impacts on the…
The outbreak of the novel coronavirus has triggered major corrections in the equity, commodity and debt markets as participants try to gauge the full extent…
The Patented Medicine Prices Review Board will publish a new draft of its guidelines on June 15, followed by a written consultation period for 30…