Latest news in Benefits Canada Archive

A legal update on the government’s CEWS and CERB programs

A legal update on the government’s CEWS and CERB programs

The COVID-19 pandemic has created many complicated issues for employers. Prudent employers should ensure they’re aware of the resources that may be available during this…

  • By: Rayaz Khan
  • April 14, 2020 November 11, 2020
  • 08:30

Exploring the impact of coronavirus on commercial litigation finance investments

“It was the best of times, it was the worst of times…” The above quote from Charles Dickens aptly describes the current environment for the…

Number of staff working remotely, part time up 415%: survey

Number of staff working remotely, part time up 415%: survey

Several weeks into the coronavirus pandemic, the U.S. has seen a 415 per cent increase in the percentage of employees working remotely or part time, according to…

  • By: Staff
  • April 13, 2020 November 12, 2020
  • 15:15

Are pension funds considering filing early valuations to lock in pre-coronavirus funded ratios?

With coronavirus causing market volatility and an increase in the size of solvency liabilities, pension plans are feeling the impact. One potential way for plan…

  • By: Yaelle Gang
  • April 13, 2020 December 13, 2020
  • 12:39

Should plan sponsors shift their benefits plan spend during coronavirus?

With the coronavirus pandemic affecting many businesses, employers are considering their options for shifting their benefits plan spend. Usage rates for benefits such as dental and paramedical…

CAP members seeking reassurance but not changing investments

CAP members seeking reassurance but not changing investments

While a flurry of capital accumulation plan member activity might indicate their anxiety amid an economic crisis, not many are choosing to make changes to…

Contract, self-employed Canadians worry about end of coronavirus support

Contract, self-employed Canadians worry about end of coronavirus support

Summers are big business for the Butlers. Samantha and her husband John are partners in a small photography and videography business, with the bulk of…

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OPEC, oil nations agree to nearly 10 million barrel cut amid virus

The Organization of the Petroleum Exporting Countries, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels, or…

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How do sovereign wealth funds’, public pensions’ real estate investments compare?

Despite the key differences between sovereign wealth funds and public pension plans, the two institutional investors are quite similar in that they’re large, state-owned, sophisticated…

  • By: Yaelle Gang
  • April 13, 2020 December 13, 2020
  • 07:41
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The policy response to coronavirus: printing our way to salvation or inflation?

The novel coronavirus has brought with it an unprecedented shuttering of the global economy and an equally unprecedented policy response. The speed and scale at…

Are there legal issues for pension funds making charitable donations right now?

Are there legal issues for pension funds making charitable donations right now?

With the coronavirus pandemic causing pain for employers and employees across the country, many organizations want to help out those in need. But can pension…

Considerations for employers rehiring with help from federal wage subsidies

With a few days under their belts to digest the federal government’s proposed wage subsidy benefits, some Canadian employers are starting to rehire workers who were put…

AIMCo earns 10.6% return for 2019, underperforms benchmark

The Alberta Investment Management Corp. delivered a 10.6 per cent return in 2019, net of all fees, representing a net investment income of about $11.5…

  • By: Staff
  • April 9, 2020 November 11, 2020
  • 08:45
Employers to have easier time accessing coronavirus wage subsidy program

Employers to have easier time accessing coronavirus wage subsidy program

The federal government will now only require employers to demonstrate a 15 per cent drop in revenue during the month of March due to the…

  • By: Staff
  • April 8, 2020 November 12, 2020
  • 15:45
Webinar: Coronavirus and workplace mental health

Webinar: Coronavirus and workplace mental health

While physical well-being is vital during the coronavirus pandemic, the situation is raising multiple mental-health issues, including rising stress levels exacerbated by job uncertainty and…

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PRI makes recommendations on responsible investing during the coronavirus pandemic

When the dust settles from the coronavirus pandemic, what environmental, social and governance lessons will shine through? A recent blog post by Fiona Reynolds, chief…

  • By: Staff
  • April 8, 2020 December 13, 2020
  • 09:11
Global sales of mental-health drugs could hit US$40B by 2025 due to coronavirus

Global sales of mental-health drugs could hit US$40B by 2025 due to coronavirus

The mental-health repercussions of the coronavirus could see global sales of psychiatric drugs increase to more than US$40 billion by 2025, according to data and…

  • By: Staff
  • April 7, 2020 November 12, 2020
  • 15:00

Legal considerations for pension plan sponsors on design changes amid coronavirus

Financial hardship is hitting employers across Canada and they’re starting to make difficult choices around cost-cutting measures within their businesses. “Some plan sponsors may be…

How to talk about pensions and benefits during coronavirus

How to talk about pensions and benefits during coronavirus

The coronavirus pandemic has hit us all hard, and pensions and benefits are no exception. The pandemic has implications for out-of-country emergency travel insurance, disability benefits…

PSP investing in real estate advisory and tech firm

PSP investing in real estate advisory and tech firm

The Public Sector Pension Investment Board is making a strategic investment in SitusAMC, which provides advisory, outsourcing, talent and technology solutions to both the commercial and…

  • By: Staff
  • April 6, 2020 November 12, 2020
  • 15:51
CPPIB appoints head of San Francisco operations

CPPIB appoints head of San Francisco operations

The Canada Pension Plan Investment Board is appointing Judy Wade as managing director and head of the San Francisco offices it set up in August 2019. In…

  • By: Staff
  • April 6, 2020 November 12, 2020
  • 15:45
Consulting firm urging government for non-punitive RRSP withdrawal plan

Consulting firm urging government for non-punitive RRSP withdrawal plan

George & Bell Consulting Inc. is calling on the federal government to allow non-punitive withdrawals from registered retirement savings plans for Canadians to meet their…

81% of Canadians say coronavirus is negatively affecting their mental health: survey

Morneau Shepell Ltd.’s latest monthly mental-health index, which includes a measure of how the coronavirus pandemic is impacting Canadian workers’ mental health, has reached a new…

  • By: Staff
  • April 6, 2020 March 29, 2021
  • 15:15
Winnipeg Police Association wins pension grievance against City

Winnipeg Police Association wins pension grievance against City

An arbitrator has ruled in favour of the Winnipeg Police Association in its dispute with the City of Winnipeg over the police pension plan. The association…

How will the coronavirus impact long-term disability claims?

The coronavirus pandemic is expected to impact employers’ short-term disability claims’ experience as workers fall ill and require time off work to recover from the virus,…