Latest news in Benefits Canada Archive

How are Canadian employers handling workers’ family responsibility pressures?

The majority of Canadian employers are aware of workers who can’t conform to their normal schedule because of family responsibilities while working from home during…

  • By: Staff
  • April 15, 2020 November 23, 2020
  • 16:00

Feds expand CERB to workers earning up to $1,000 per month

The federal government is expanding the Canada Emergency Response Benefit to include workers whose monthly income has been reduced to $1,000 or less, in response…

  • By: Staff
  • April 15, 2020 March 19, 2021
  • 15:00
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How to ease pension plan member anxiety if they can’t access their funds

Anxiety is running high for many Canadians who are feeling the immediate financial impact of the coronavirus pandemic due to job losses, reduced work hours…

  • By: Yaelle Gang
  • April 15, 2020 December 13, 2020
  • 08:34
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IMF: Stung by virus, global economy will shrink 3% in 2020

Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International…

Feds urged to allow tax-deferred RRSP withdrawals during coronavirus

Feds urged to allow tax-deferred RRSP withdrawals during coronavirus

A new report by the C.D. Howe Institute is urging the federal government to suspend taxes on registered retirement savings plan withdrawals during the coronavirus pandemic. The report…

  • By: Staff
  • April 14, 2020 November 30, 2020
  • 15:45
Majority of Canadian workers feel safe at work: survey

Majority of Canadian workers feel safe at work: survey

The vast majority (86 per cent) of Canadians feel safe in their workplaces right now, according to a new survey. The survey, conducted by Angus…

  • By: Staff
  • April 14, 2020 November 12, 2020
  • 15:15
Are pension plans considering filing early valuations to lock in pre-coronavirus funded ratios?

Are pension plans 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, defined benefit pension plans are feeling the impact. One potential way…

Specialty drug usage, traditional drug costs drive small rise in 2019 spending: report

Specialty drug usage, traditional drug costs drive small rise in 2019 spending: report

Private drug plans saw a slight uptick in costs in 2019 due to the increased use of specialty drugs and higher price points for traditional medications,…

  • By: Staff
  • April 14, 2020 September 15, 2022
  • 10:00
Pension industry urging feds for relief from coronavirus fallout

Pension industry urging feds for relief from coronavirus fallout

The Association of Canadian Pension Management and the Pension Investment Association of Canada have sent the federal government their wish lists for actions to help…

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