Latest news in Benefits Canada Archive

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Extreme uncertainty produces extreme opportunities

The novel coronavirus pandemic has been an enormous human tragedy and its ultimate impact on the global economy remains impossible to predict. For many companies,…

OPTrust highlights green bonds, sustainable investment team in latest responsible investing report

The OPSEU Pension Trust has published its latest responsible investing report, highlighting a number of initiatives it’s undertaken in the past year. In 2019, the…

  • By: Staff
  • May 13, 2020 March 11, 2021
  • 09:15
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OPTrust highlights green bonds, sustainable investment team in responsible investing report

The OPSEU Pension Trust has released a responsible investing report, highlighting a number of sustainability initiatives it has undertaken in the past year. In 2019,…

  • By: Staff
  • May 13, 2020 December 6, 2020
  • 09:14

Twitter to allow employees to work from home ‘forever’

With employers around the world forced to move to a work-from-home model in the face of the coronavirus pandemic, Twitter Inc. says it will allow…

  • By: Staff
  • May 13, 2020 August 17, 2021
  • 08:45
Two more employers joining CAAT’s DBplus

Two more employers joining CAAT’s DBplus

The Colleges of Applied Arts and Technology pension plan has added two more employers to its DBplus offering. Skills Canada Ontario and Fraser Group are…

  • By: Staff
  • May 12, 2020 November 12, 2020
  • 15:30

PIAC concerned about Aon, Willis Towers Watson merger

The Pension Investment Association of Canada is raising concerns about the impact of the impending merger between Aon and Willis Towers Watson on pension plans…

  • By: Staff
  • May 12, 2020 May 13, 2021
  • 15:15
iA Financial Group partnering with Dialogue on telemedicine service

iA Financial Group partnering with Dialogue on telemedicine service

iA Financial Group is teaming up with Dialogue Technologies Inc. to improve health-care access for its group benefits plan members. The platform allows plan members…

  • By: Staff
  • May 12, 2020 November 12, 2020
  • 15:00
CPPIB buying stake in French wind farms

CPPIB buying stake in French wind farms

The Canada Pension Plan Investment Board is acquiring a 49 per cent of the entity that holds Enbridge Inc.’s stake in Éolien Maritime France SAS, Enbridge’s…

  • By: Staff
  • May 12, 2020 November 12, 2020
  • 09:02
OSFI easing restrictions on pension portability transfers

OSFI easing restrictions on pension portability transfers

The Office of the Superintendent of Financial Institutions is relaxing its freeze on portability transfers to automatically permit pension plan members who are eligible for…

Governments must focus on decumulation in the age of coronavirus

Governments must focus on decumulation in the age of coronavirus

The coronavirus pandemic could be the most devastating crisis of most Canadians’ lifetimes. In the past two months, efforts to prevent the spread of the coronavirus…

56% of Canadians say coronavirus negatively impacting mental health: survey

56% of Canadians say coronavirus negatively impacting mental health: survey

More than half (56 per cent) of Canadians said the coronavirus is having a negative impact on their mental health, with social isolation the top…

  • By: Staff
  • May 11, 2020 November 11, 2020
  • 15:00
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Considerations for DC plan sponsors before suspending employer contributions

The Canada Revenue Agency is waiving the minimum one per cent employer contribution requirement for defined contribution pension plans for the rest of 2020. To…

Sick leave, accommodation, mental-health considerations for a post-pandemic return to work

Sick leave, accommodation, mental-health considerations for a post-pandemic return to work

As provincial governments start to lay out their plans for slowly reopening the economy, employers have a unique return-to-work scenario to handle. Appropriate sick leave and accommodation…

Miners’ union seeking court guarantee for Dominion Diamond to meet pension obligations

Miners’ union seeking court guarantee for Dominion Diamond to meet pension obligations

The union representing 400 Dominion Diamond Mines employees is attempting to guarantee that the company honours its multi-million dollar pension shortfall as it goes through…

How pension plan sponsors can use data for strategic decision-making

With all that’s happening in the world, the ability to use data to make smart decisions is key, says Adam Jones, chief technology officer at…

MindBeacon’s online CBT available for all Ontarians

MindBeacon’s online CBT available for all Ontarians

MindBeacon Group is partnering with the Ontario government to make its online mental-health service available free of charge for everyone in the province. Beacon is…

  • By: Staff
  • May 8, 2020 November 12, 2020
  • 15:20
CPPIB, PSP participating in financing round for cancer testing business

CPPIB, PSP participating in financing round for cancer testing business

The Canada Pension Plan Investment Board and the Public Sector Pension Investment Board are participating in a $390-million series-D round of financing for Grail Inc., a U.S.…

  • By: Staff
  • May 8, 2020 November 12, 2020
  • 15:15
Will earnings season bring more pain to volatile markets?

Will earnings season bring more pain to volatile markets?

As earnings season ramps up, broad market consensus is seeking the middle way, suggesting the likelihood of a U-shaped recovery, as opposed to a roaring…

Coronavirus negatively impacting mental health of 50% of Canadians: survey

Coronavirus negatively impacting mental health of 50% of Canadians: survey

Half of Canadian employees said their mental health has been negatively impacted by the coronavirus pandemic, according to a new survey by Teladoc Health Inc.…

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A look at the different paths to ESG integration in DC plans

With environmental, social and governance issues becoming more prominent among investors, it’s important to consider what sustainability means for DC plans. Plan sponsors are facing…

Allow pension plan sponsors to opt out of special payments in short term, urges PIAC

Allow pension plan sponsors to opt out of special payments in short term, urges PIAC

The Pension Investment Association of Canada is calling on provincial governments to allow pension plan sponsors to opt out of making any special payments for a period…

  • By: Staff
  • May 7, 2020 November 30, 2020
  • 15:30
Medavie Blue Cross adding virtual health-care to group plans

Medavie Blue Cross adding virtual health-care to group plans

Medavie Blue Cross is adding a virtual health-care tool to its group benefits plans. The Online Doctors Unlimited tool, which is available through a partnership with…

  • By: Staff
  • May 7, 2020 November 12, 2020
  • 15:15
Caisse buying return royalty on gold at Quebec-based mine

Caisse buying return royalty on gold at Quebec-based mine

The Caisse de dépôt et placement du Québec is purchasing a three per cent net smelter return royalty on gold production at Monarch Gold Corp.’s…

  • By: Staff
  • May 7, 2020 November 11, 2020
  • 15:00
Webinar: 2020 CAP Member Survey: Retirement savings, financial well-being in the era of coronavirus

Webinar: 2020 CAP Member Survey: Retirement savings, financial well-being in the era of coronavirus

Alongside a struggling global economy, Canadian capital accumulation plan sponsors and members are facing unprecedented challenges. This year, Benefits Canada‘s annual CAP Member Survey fielded…

Ontario temporarily slashes penalties for PBGF non-payment

Ontario temporarily slashes penalties for PBGF non-payment

The Ontario government has significantly cut financial penalties for plan sponsors making a late payment of a pension benefits guarantee fund assessment. The change, made…

  • By: Staff
  • May 7, 2020 November 30, 2020
  • 08:50