Latest news in Benefits Canada Archive

CPPIB posts 3.1% gains for fiscal 2020 after difficult final quarter

CPPIB posts 3.1% gains for fiscal 2020 after difficult final quarter

The Canada Pension Plan Investment Board saw a 3.1 per cent net return for its fiscal 2020 year, which ended March 31. Rising to $409.6 billion…

Saskatchewan NDP calling for binding mediation to end Unifor, Co-op pension dispute

Saskatchewan NDP calling for binding mediation to end Unifor, Co-op pension dispute

The leader of the Saskatchewan New Democratic Party is calling on the provincial government to implement binding arbitration to end the months-long lockout and pension dispute between…

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Pension de-risking and the coronavirus – what now?

It’s hard to believe that just recently, people weren’t cutting their own hair or binge-watching Tiger King. At the beginning of the year, defined benefit…

The benefits of routine in an unpredictable world

When it comes to living through any stressful and uncertain time, routine is one of the unsung heroes. In a situation like the current coronavirus…

FSRA issues new guidance for pension plans transferring commuted values, purchasing annuities

The Financial Services Regulatory Authority of Ontario has issued new guidance on transferring commuted values and purchasing annuities when a pension plan’s transfer ratio has…

  • By: Staff
  • May 25, 2020 April 5, 2022
  • 15:00
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Troubled U.S. small business relief program a stopgap measure

Among the myriad fiscal responses to the coronavirus pandemic, perhaps none has received more attention in the U.S. than the federal programs for small businesses.…

  • By: Katie Deal
  • May 25, 2020 December 6, 2020
  • 12:53

How can asset managers firm up defences with markets in turmoil?

The value of total global assets under management grew by 15 per cent in 2019, with institutional investors’ assets reaching $52 trillion, according to a…

  • By: Staff
  • May 25, 2020 December 6, 2020
  • 10:50

Employee well-being critical to return to work after pandemic

Addressing employees’ well-being will be a critical component of returning to the workplace as isolation and closure measures start to loosen. “Our greatest assets [are our] people,” said…

Private equity activity slumps in Q1: report

Private equity activity slumps in Q1: report

With volatility rattling public markets, fundraising for private equity deals took a tumble during the first quarter of 2020, according to a new report by…

  • By: Staff
  • May 25, 2020 November 12, 2020
  • 08:45
Winnipeg Public Service recommending reversal of police pension bylaw changes

Winnipeg Public Service recommending reversal of police pension bylaw changes

The Winnipeg Public Service is recommending the reversal of amendments to the City of Winnipeg’s police pension bylaw. The amendments, which took effect April 1, 2020,…

  • By: Staff
  • May 22, 2020 November 30, 2020
  • 15:25
Canadian employment rises 1.8% as economies reopen: Stats Can

Reduced hours worked could impact multi-employer pension plan costs: report

The funded status of the Segal Group Inc.’s model multi-employer pension plan fell from 95 per cent to 86 per cent during the first quarter…

  • By: Staff
  • May 22, 2020 February 23, 2021
  • 15:15
People Corp. appoints Brevan Canning president

People Corp. appoints Brevan Canning president

People Corp. has appointed Brevan Canning as president, effective May 21. Since joining the organization when it was created in 2007, Canning has held senior…

  • By: Staff
  • May 22, 2020 November 12, 2020
  • 15:00

Canadian plan sponsors seeing sharp declines in health, dental claims

Plan sponsors have seen significant decreases in their extended health and dental claims over the past three months, according to new data by Eckler Ltd.…

Sustainable investment outperformed in Q1: report

Sustainable investment outperformed in Q1: report

Sustainable indexes largely outperformed during the first quarter of 2020 amid market turmoil caused by the coronavirus pandemic, according to BlackRock Inc.’s latest sustainability report.…

  • By: Staff
  • May 22, 2020 November 12, 2020
  • 09:15
Shopify moving majority of employees to permanent remote work

Shopify moving majority of employees to permanent remote work

Shopify Inc. is moving the majority of its employees to permanent work-from-home arrangements and closing its offices until 2021. “Until recently, work happened in the…

  • By: Staff
  • May 22, 2020 November 12, 2020
  • 09:00
Canadian workers resilient in face of pandemic, but lack new skills training, finds research

Canadian workers resilient in face of pandemic, but lack new skills training, finds research

Canadians workers are proving resilient in the face of the hardships caused by the coronavirus pandemic, according to a report by the Environics Institute for Survey Research…

  • By: Staff
  • May 22, 2020 November 12, 2020
  • 08:45
OMERS closes investment in German fibre technology company

OMERS closes investment in German fibre technology company

The Ontario Municipal Employees Retirement System is closing its previously announced investment in fibre technology company Deutsche Glasfaser Holding. The German company is a provider…

  • By: Staff
  • May 21, 2020 November 12, 2020
  • 15:00

Could coronavirus delay DC plan members’ expected retirements?

Defined contribution pension plan sponsors may face workforce planning challenges coming out of the coronavirus pandemic as older plan members whose account balances were hard…

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What shape might the economic recovery take?

With some jurisdictions gently reducing coronavirus-imposed restrictions, institutional investors are beginning to lay out possible scenarios for economic recovery. The terms V- and U-shaped recovery,…

OMERS considering shared-risk indexing, expanded eligibility to non full-time workers

Annual inflation rate turned negative in April, Statistics Canada reports

Canada’s inflation rate turned negative in April as the economy came to a standstill in the first full month of the pandemic as part of…

Communication key in pension risk management through coronavirus and beyond

Communication can be a challenge for pension plan sponsors and trustees when trying to remain focused on the long term, said Matthew Leatherman, director at…

70% of institutional investors expect ESG integration to become standard practice: survey

70% of institutional investors expect ESG integration to become standard practice: survey

The vast majority (96 per cent) of institutional investors feel they have an important role to play in addressing the world’s most pressing challenges, including climate…

  • By: Staff
  • May 20, 2020 November 11, 2020
  • 15:30

Competitive total rewards critical part of Canadian HR, corporate strategies: survey

Competitive total rewards programs are a critical component of Canadian organizations’ human resources and corporate strategy, according to a new survey by WorldatWork. The survey,…

  • By: Staff
  • May 20, 2020 November 24, 2020
  • 15:15
IMCO committing US$250 million to credit fund

IMCO committing US$250 million to credit fund

The Investment Management Corp. of Ontario is committing US$250 million to Apollo Global Management Inc.’s new Accord Fund III series B. The fund is focused on acquiring credits…

  • By: Staff
  • May 20, 2020 November 12, 2020
  • 15:00
What shape might economic recovery take?

What shape might economic recovery take?

With some jurisdictions gently reducing coronavirus-imposed restrictions, institutional investors are beginning to lay out possible scenarios for economic recovery. The terms V- and U-shaped recovery,…