Latest news in Benefits Canada Archive

Coronavirus pummels certain real estate assets, bolsters others

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…

  • By: Staff
  • June 1, 2020 February 7, 2021
  • 15:15

Blake Hutcheson succeeds Michael Latimer as OMERS’ CEO

As reported in December 2019, Blake Hutcheson has succeeded Michael Latimer as the new chief executive officer of the Ontario Municipal Employees Retirement System, effective…

  • By: Staff
  • June 1, 2020 December 6, 2020
  • 10:10
How will health practitioners reopening affect benefits plans?

How will health practitioners reopening affect benefits plans?

The Ontario government is giving health-care providers, including dentists, massage therapists, optometrists and psychologists, the green light to gradually reopen their practices. The order from the province’s chief…

Employees still in work with reduced salaries highest on mental-health index

Employees still in work with reduced salaries highest on mental-health index

While Morneau Shepell Ltd.’s latest mental-health index had the same score — a negative 12-point decline from the pre-coronavirus pandemic benchmark of 75 — as…

  • By: Staff
  • June 1, 2020 November 12, 2020
  • 09:00
Statistics Canada says first quarter GDP worst showing since 2009

Statistics Canada says first quarter GDP worst showing since 2009

Canada’s economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to the novel coronavirus, Statistics Canada said Friday,…

Blake Hutcheson succeeds Michael Latimer as OMERS’ CEO

Blake Hutcheson succeeds Michael Latimer as OMERS’ CEO

As reported in December 2019, Blake Hutcheson has succeeded Michael Latimer as the new chief executive officer of the Ontario Municipal Employees Retirement System, effective…

  • By: Staff
  • June 1, 2020 November 11, 2020
  • 08:45
Alyssa Hodder joining International Foundation of Employee Benefit Plans

Alyssa Hodder joining International Foundation of Employee Benefit Plans

The International Foundation of Employee Benefit Plans has appointed Alyssa Hodder as director of education and outreach for Canada. In the new role, she’ll be…

  • By: Staff
  • June 1, 2020 November 11, 2020
  • 08:25
IIROC nominates three candidates for independent director positions

IIROC nominates three candidates for independent director positions

The Investment Industry Regulatory Organization of Canada is nominating three candidates for upcoming independent director positions on its board. The nominees — Malcolm Heins, Jennifer Newman and Laura…

  • By: Staff
  • May 29, 2020 November 12, 2020
  • 15:00
U.S. employers maintaining health benefits, considering other cost-cutting measures: survey

How the coronavirus pandemic’s new normal is shaping total rewards

In the group benefits world, the first rumblings of the effects of the coronavirus pandemic came when plan sponsors started asking, as early as January,…

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MSCI signs licensing deal with Hong Kong Futures Exchange

MSCI Inc. has signed a licensing agreement with the Hong Kong Futures Exchange Ltd. to introduce 37 futures and options contracts in Hong Kong based…

  • By: Staff
  • May 29, 2020 December 6, 2020
  • 08:57

ACPM calling for ‘made-in Alberta’ pension measures due to financial impact of coronavirus

The Association of Canadian Pension Management’s Alberta regional council is highlighting the need for “made-in-Alberta” measures focused on pension plan sponsors, administrators and members due…

  • By: Staff
  • May 29, 2020 November 30, 2020
  • 08:30
Mawer appoints new leader of fixed income strategies

Mawer appoints new leader of fixed income strategies

Mawer Asset Management Ltd. is appointing Crista Caughlin as lead manager of Canadian bond, global bond and Canadian money market strategies. Caughlin, who joined Mawer…

  • By: Staff
  • May 28, 2020 November 12, 2020
  • 15:30
Pension risk-transfer market sees $5.2BN in transactions in 2019: report

Pension risk-transfer market sees $5.2BN in transactions in 2019: report

The pension risk-transfer market had another record-breaking year for transactions in 2019, according to Eckler’s latest report. Transactions for the year came to $5.2 billion,…

  • By: Staff
  • May 28, 2020 July 20, 2021
  • 15:00
Public sector union calling on PSP to end investment in long-term care operator

Public sector union calling on PSP to end investment in long-term care operator

The union representing more than 200,000 Canadian public sector employees says the Public Sector Pension Investment Board’s investment in a for-profit, long-term care provider is…

Sun Life adding mental-health navigator for benefits plan members

Sun Life adding mental-health navigator for benefits plan members

Sun Life is making a mental-health navigator available to plan members, aiming to help them find support during the coronavirus pandemic. The navigator, provided by Teladoc…

  • By: Staff
  • May 28, 2020 November 12, 2020
  • 09:00

IMCO creating policy research internships at C.D. Howe Institute

The Investment Management Corp. of Ontario is supporting six paid internships at the C.D. Howe Institute for summer 2020. “The COVID-19 pandemic is creating a…

  • By: Staff
  • May 28, 2020 December 6, 2020
  • 07:26

Commercial litigation finance demand fuelled by coronavirus

In legal circles, it has always been thought that crises breed litigation. And while that appears to be the case in the current crisis, it…

Google to pay work-from-home allowance to all global employees

Google to pay work-from-home allowance to all global employees

With the expectation that most of its workers will be working from home for the rest of 2020, Google is giving all of its global…

  • By: Staff
  • May 27, 2020 November 12, 2020
  • 15:15
Manulife giving 35,000 staff day off as thank you

Manulife giving 35,000 staff day off as thank you

Manulife Financial and its subsidiary John Hancock are giving their more than 35,000 employees a day off on Friday to say thank you for all…

  • By: Staff
  • May 27, 2020 November 12, 2020
  • 15:00
Employers can’t use SUB plans to top up employees laid off due to pandemic

Employers can’t use SUB plans to top up employees laid off due to pandemic

Employers with registered supplemental unemployment benefit plans aren’t able to use them to top up laid-off employees who are receiving the Canada Emergency Response Benefit.…

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What can institutional investors learn from coronavirus crisis?

As investors begin to digest the extended ramifications of the coronavirus pandemic, certain investment lessons are emerging. For one, investing globally provided diversification opportunities as…

  • By: Staff
  • May 27, 2020 December 6, 2020
  • 08:41

What does coronavirus mean for institutional investors engaged in aviation leasing?

With air traffic expected to drop by almost 50 per cent in 2020, institutional investors that use aircraft leasing as part of their investment strategies…

Green Shield Canada investing in pharmacogenetics company

Green Shield Canada is investing in Canadian pharmacogenetics company GenXys Health Care Systems. The two companies will be collaborating on new pharmacogenetic products, which are…

  • By: Staff
  • May 26, 2020 November 24, 2020
  • 15:20
Trudeau commits to working with provinces on paid sick leave

Trudeau commits to working with provinces on paid sick leave

Prime Minister Justin Trudeau has confirmed he’ll work with the provinces on creating 10 days of paid sick leave for all Canadians. “Nobody should have to…

Mercer appoints Canadian and U.S. heads of responsible investing

Mercer appoints Canadian and U.S. heads of responsible investing

Mercer is appointing Monika Freyman as Canadian head of responsible investment and David Fanger in the same role for the U.S. In the roles, Freyman…

  • By: Staff
  • May 26, 2020 November 12, 2020
  • 15:00