Latest news in Benefits Canada Archive

OMA rolling out collective pension plan for physicians

Many frontline workers not receiving mental-health resources from employers

While employers of frontline workers have beefed up their policies to physically protect workers from the spread of the coronavirus, many aren’t providing additional supports or mental-health resources,…

  • By: Staff
  • April 28, 2020 January 15, 2022
  • 15:00

Coronavirus casting light on different ESG issues

The coronavirus pandemic is hastening certain trends that institutional investors incorporating environmental, social and governance issues have been eyeing for some time. One trend is…

Vancity supporting staff with frontline worker rotation, virtual health care

Vancity supporting staff with frontline worker rotation, virtual health care

Vancouver City Savings Credit Union has put its frontline staff on a rotation system and introduced a virtual health-care app to support them during the…

Employers permitted to suspend DC pension contributions, says FSRA

Employers permitted to suspend DC pension contributions, says FSRA

The Financial Services Regulatory Authority of Ontario has confirmed it will permit a suspension of employer contributions to defined contribution pension plans on a temporary…

5 benefits predictions for the fallout of the coronavirus pandemic

5 benefits predictions for the fallout of the coronavirus pandemic

In the midst of the most significant socio-economic and health crisis since WWII — and maybe even longer — virtually every aspect of modern society has been…

  • April 28, 2020 November 11, 2020
  • 08:30
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Using alternatives to strive for stability at the City of Montreal pension plans

Changes to Quebec’s pension legislation, including a move away from solvency funding requirements and the introduction of a cost-sharing model, against the backdrop of a…

  • By: Yaelle Gang
  • April 28, 2020 December 13, 2020
  • 07:29
Half of Canadians report worsening mental health: survey

Half of Canadians report worsening mental health: survey

With the increase in job losses, illnesses, uncertainty and self-isolation, how is the coronavirus survey affecting Canadians’ emotional and psychological well-being? Half of Canadians reported…

  • By: Staff
  • April 27, 2020 November 12, 2020
  • 15:00
BCI joins global effort advocating for sustainable capital markets

BCI joins global effort advocating for sustainable capital markets

The British Columbia Investment Management Corp. is aligning itself with other global pension investors by signing a new joint letter calling for long-term sustainability to become a more…

  • By: Staff
  • April 27, 2020 November 11, 2020
  • 15:00

Remote working, distributed workforces could be part of new normal post-coronavirus

With coronavirus cases starting to peak in some Canadian provinces, employers are likely beginning to prepare for a return to work once lockdown restrictions eventually ease.…

UTAM pension portfolio sees 13% return for 2019

The University of Toronto Asset Management Corp. has earned a 13 per cent return on its pension portfolio for 2019, and a 12.9 per cent…

  • By: Staff
  • April 27, 2020 December 13, 2020
  • 09:43
Nova Scotia Teachers’ returns 12.36%, issues cautions about coronavirus impact

Nova Scotia Teachers’ returns 12.36%, issues cautions about coronavirus impact

The Nova Scotia Teachers’ Pension Plan is bracing for the effect of the coronavirus pandemic on its assets as it reported a 78.2 per cent funded…

  • By: Staff
  • April 27, 2020 November 12, 2020
  • 08:45
CPPIB part of development joint venture in South Korea

CPPIB part of development joint venture in South Korea

The Canada Pension Plan Investment Board, alongside Dutch pension fund ASG and asset manager ESR Cayman Ltd., has entered into a new strategic agreement to…

  • By: Staff
  • April 24, 2020 November 12, 2020
  • 15:15
A tough first quarter for Canadian pension managers’ pooled funds

A tough first quarter for Canadian pension managers’ pooled funds

It’s no surprise that Canadian pension funds had a rough first quarter of 2020 and the latest data from Morneau Shepell Ltd.’s universe of pension…

  • By: Staff
  • April 24, 2020 November 11, 2020
  • 15:00
CAAT pension plan returns 16% in 2019, well-positioned to weather coronavirus storm

CAAT pension plan returns 16% in 2019, well-positioned to weather coronavirus storm

The Colleges of Applied Arts and Technology pension plan saw a strong 2019, delivering a 16 per cent return, net of investment management fees, while…

Retraite Quebec introduces temporary measures for DB pensions

Retraite Quebec introduces temporary measures for DB pensions

Retraite Quebec is implementing two temporary easing measures to help supplemental pension plan administrators during the coronavirus outbreak. The measures involve extending deadlines for certain…

  • By: Staff
  • April 23, 2020 November 30, 2020
  • 15:20
U.S. employers maintaining health benefits, considering other cost-cutting measures: survey

North American companies making total rewards cuts as pandemic extends: survey

North American employers are attempting to strike a balance between supporting employees and reducing costs during the coronavirus pandemic, according to a new survey by Aon.…

  • By: Staff
  • April 23, 2020 November 30, 2020
  • 15:00
CRA introduces calculator to help employers with wage subsidy applications

CRA introduces calculator to help employers with wage subsidy applications

The federal government has introduced a special calculator to further encourage employers to re-hire workers using the Canada Emergency Wage Subsidy. The calculator is on the Canada…

  • By: Staff
  • April 23, 2020 November 12, 2020
  • 14:50
What opportunities does the oil glut offer Canadian pension portfolios?

What opportunities does the oil glut offer Canadian pension portfolios?

With crude oil futures contracts crashing through the floor into negative territory at the beginning of the week, what opportunities are opening up for institutional…

BMO highlights health supports for staff during coronavirus

BMO highlights health supports for staff during coronavirus

BMO Financial Group is highlighting a number of its health supports for employees during the coronavirus pandemic. The bank is hosting conference calls with physicians…

More Canadian insurers reducing benefits plan premiums

More Canadian insurers reducing benefits plan premiums

Alberta Blue Cross, Green Shield Canada, iA Financial Group and Medavie Blue Cross are the latest insurers to reduce benefits plan premiums during the coronavirus…

  • By: Staff
  • April 23, 2020 November 12, 2020
  • 09:45
OMERS considering shared-risk indexing, expanded eligibility to non full-time workers

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

The Ontario Municipal Employees Retirement System’s sponsors corporation board is considering two plan design changes: the introduction of shared-risk indexing and the expansion of pension…

  • By: Staff
  • April 22, 2020 November 12, 2020
  • 15:00
RBC, Wello partner on virtual health care access for Canadian employers

RBC, Wello partner on virtual health care access for Canadian employers

The Royal Bank of Canada is expanding its partnership with telemedicine platform Wello to give Canadian businesses and their employees access to virtual health care during…

  • By: Staff
  • April 22, 2020 November 12, 2020
  • 14:45
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OMERS considering shared-risk indexing and expanding eligibility to non full-time workers

The Ontario Municipal Employees Retirement System sponsors corporation board is considering two plan design changes: the introduction of shared-risk indexing and the expansion of pension…

  • By: Staff
  • April 22, 2020 December 13, 2020
  • 11:47
Unions across job sectors crying out for increased safety measures

Unions across job sectors crying out for increased safety measures

Unions across the country are pushing for further measures to keep their members safe, whether they stock the frozen food section in a grocery store…

35% of Canadians expect to lose their jobs in the next four weeks: Stats Can

35% of Canadians expect to lose their jobs in the next four weeks: Stats Can

More than a third (35 per cent) of Canadians said they expect to lose their job or the main source of self-employment income in the next four weeks…

  • By: Staff
  • April 22, 2020 November 11, 2020
  • 09:30