Latest news in Benefits Canada Archive

40% of employers to recall staff to workplace when restrictions ease: survey

40% of employers to recall staff to workplace when restrictions ease: survey

Only eight per cent of Canadian employers said they’re fully prepared to reopen their workplaces when provincial governments lift restrictions, according to a new survey by the…

  • By: Staff
  • May 20, 2020 November 11, 2020
  • 09:00
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Opportunities in secondary market in aftermath of coronavirus crisis

In times of crisis, many pension plan sponsors pull back on investing in private equity, including the secondary market, because they’re trying to assess their…

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Consumer staples, health care expected to provide downside protection in medium term

Health care and consumers staples are sectors that typically perform well, even in moments of market stress. But during the coronavirus crisis, these sectors have…

Half of institutional investors concerned about fixed income liquidity: survey

Half of institutional investors concerned about fixed income liquidity: survey

Even before the coronavirus began affecting capital markets, fixed income investors were becoming more risk averse, according to Invesco’s latest survey. Close to half (43 per cent)…

  • By: Staff
  • May 19, 2020 November 12, 2020
  • 15:25

Home Depot expanding paid time off, doubling overtime pay

The Home Depot Inc. has taken a number of steps to support its employees during the coronavirus pandemic. In its annual earnings report, the global…

  • By: Staff
  • May 19, 2020 April 15, 2021
  • 15:15
AIMCo board undertaking third-party review of volatility trading strategy

AIMCo board undertaking third-party review of volatility trading strategy

The Alberta Investment Management Corp.’s board of directors has released a statement outlining its response to the poor performance of its volatility trading strategy. In the wake…

  • By: Staff
  • May 19, 2020 November 11, 2020
  • 15:00
Dividend opportunities for institutional investors amid coronavirus crisis

Dividend opportunities for institutional investors amid coronavirus crisis

Public companies are deferring long-term capital expenditure, pausing share repurchase programs and cutting dividends to deal with the economic fallout of the coronavirus crisis. But companies…

How are pension plan sponsors’ fiduciary duties evolving in the time of coronavirus?

How are pension plan sponsors’ fiduciary duties evolving in the time of coronavirus?

While the coronavirus pandemic certainly doesn’t change pension plan sponsors’ fundamental fiduciary duty to their plan members, the crisis is creating circumstances that will test how that responsibility…

Market corrections and the retirement savings withdrawal dilemma

Market corrections and the retirement savings withdrawal dilemma

A retiree whose retirement savings are primarily in a registered savings plan, such as a life income fund or registered retirement income fund, already faces…

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MSCI releases new indexes focused on disruptive innovations

The MSCI Inc. is launching a new set of indexes focusing on disruptive innovation, building on the index provider’s megatrend index suite. The new indexes…

  • By: Staff
  • May 19, 2020 December 6, 2020
  • 07:10
Amazon extending increased hourly pay through May

Amazon extending increased hourly pay through May

Amazon.com Inc. is extending its increased hourly pay for all global employees and its double overtime pay for employees in Canada and the U.S. through…

  • By: Staff
  • May 15, 2020 November 11, 2020
  • 15:15
Employers making plans for return-to-work processes: survey

Employers making plans for return-to-work processes: survey

The majority (93 per cent) of Canadian employers plan to favour a government-based approach when it comes to bringing their employees back to work, according…

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

Legal considerations for employers as pandemic drags on

With the coronavirus pandemic set as the backdrop for the foreseeable future, employers are getting mixed signals about the best way to function safely and…

IMCO focusing on liquidity, cost-efficiency amid coronavirus crisis

IMCO focusing on liquidity, cost-efficiency amid coronavirus crisis

The extent of fiscal and monetary intervention in the economy in response to the coronavirus crisis is likely to lead to deficits unlike anything seen before…

U.S. employers changing health, retirement offerings due to coronavirus

U.S. employers changing health, retirement offerings due to coronavirus

The coronavirus pandemic has prompted U.S. employers to make several changes to their health and retirement offerings, according to a new survey by the International Foundation…

  • By: Staff
  • May 15, 2020 November 30, 2020
  • 09:05

Aon launches online tool to forecast coronavirus impact on benefits plans

Aon has introduced an interactive online tool that forecasts the impact of the coronavirus on employee populations across Canada, aiming to help employers anticipate the…

  • By: Staff
  • May 15, 2020 November 23, 2020
  • 09:03

NDP calling for two weeks of sick leave for all Canadians

The federal New Democrats say all Canadians require access to two weeks of sick leave benefits as provinces start moving to reopen their economies while fighting the…

Editorial: We’re all in this together

To say things have changed since I wrote my last editorial is a massive understatement. Of course, the early rumblings of the coronavirus pandemic were…

Head to head: Is there a right time to take CPP benefits?

While many Canadians can’t wait to start drawing down Canada Pension Plan benefits when they turn 65, it’s important to consider whether that’s the right…

How OPG is leveraging virtual care to improve health access

In the midst of the coronavirus crisis, virtual health care is taking centre stage. But Ontario Power Generation was ahead of the curve, introducing a…

Tips for moving from a single-employer to a jointly sponsored pension plan

Tips for moving from a single-employer to a jointly sponsored pension plan

The United Way Greater Toronto introduced a defined benefit pension plan in 1965 and moved to a hybrid plan in 1990. While the DB side…

How is fertility benefits coverage evolving?

In 2019, Telus Communications Inc. bumped up its combined lifetime plan maximum per employee for fertility benefits to $15,000 for both treatment procedures and drugs.…

Charting a new course at the Air Canada pension plans

In 2009, when Vincent Morin walked through the doors of Air Canada as the vice-president of asset allocation and strategy for its investment division, he…

Pharmacogenetic testing’s place in long-term disability programs

Pharmacogenetic testing’s place in long-term disability programs

Plan sponsors and insurers are increasingly wading into the waters of pharmacogenetic testing by offering the service to employees making long-term disability claims. In 2017,…

What are the legal risks of ESG?

With environmental, social and governance considerations hovering on the agendas of legislators, shareholders and consumers, it’s easy to overlook the fact that responsible investment can…