Due to market volatility caused by the coronavirus, pension plans may be finding themselves offside their investment policies as their assets have drifted. Typically, pension…
The federal government is shaking up the people in the top spots at the Canada Infrastructure Bank, including saying goodbye to the chief executive and…
While many Canadian employers are increasing safety measures for their frontline workers during the coronavirus pandemic, a minority are increasing pay or considering doing so, according…
Alexander Kurth is planning to apply for the new Canada Emergency Response Benefit once the application is available on Monday. But despite being a gig…
Walmart Canada has introduced a free virtual health-care platform for employees in response to the coronavirus. The service, through EQ Care, has been available to about 90,000…
Canada’s defined benefit plans have had a rough quarter. According to Aon’s median solvency ratio, DB plans fell to an average solvency of 89.1 per…
MindBeacon is launching a new digital mental-health program, called Stronger Minds, to support all Canadians through heightened stresses related to the coronavirus pandemic. “We, as…
The novel coronavirus has introduced unprecedented volatility to financial markets and is taking its toll on pension plans. We’ve seen sharp corrections in most equity…
In normal circumstances, pension plan members don’t respond well to being inundated with information about their plans. Typically, a deluge of content can turn off…
With a world in turmoil, some of Canada’s public pension plans and investment managers are considering how they can use their economic clout to help.…
The Public Sector Pension Investment Board and the Alberta Teachers’ Retirement Fund Board have completed the purchase of all 30,000,000 common shares of AltaGas Canada Inc. Through the…
With the coronavirus continuing to affect businesses across North America, employers are eyeing a number of cost-containment strategies, including hiring freezes, wage freezes and delayed…
Trimac Transportation is partnering with Calgary-headquartered wellness app Headversity to provide mental-health and resilience training for its workers. Truckers have been experiencing elevated levels of stress…
In the midst of an unusual or unsettling situation, such as the coronavirus pandemic, pension plan sponsors should remember that both defined benefit and capital…
The Office of the Superintendent of Financial Institutions is introducing some measures to help federally regulated private defined benefit pension plans get through the difficult…
The Ontario Teachers’ Pension Plan posted a net return of 10.4 per cent for 2019, bringing net assets to $207.4 billion. Its $20.2 billion in…
Whole Foods Market Inc. employees called in sick on Tuesday to demand paid leave for all workers who stay home to self-quarantine during the coronavirus.…
The Ontario Teachers’ Pension Plan posted a net return of 10.4 per cent for 2019, bringing net assets to $207.4 billion. Its $20.2 billion in investment income represents…
Sun Life is partnering with telemedicine platform Dialogue to provide its group benefits plan members with free access to a virtual health-care service during the…
In the current market environment, liquidity is top of mind for pension plans, says Jason Campbell, principal at Eckler Ltd. For example, despite a company’s…
It’s the only story around these days. COVID-19 — the coronavirus — has broken out all over the world, leading to strain on health-care resources,…
For smaller pension funds looking to access private equity opportunities, the lower and middle part of the Canadian market should be very attractive, says Tracey…
Molson Coors Beverage Co. is providing all its North American employees with access to new paid leave programs during the coronavirus crisis. For employees who…
Recommendations from two provincially appointed special mediators have failed to quell the labour dispute between Federated Co-operatives Ltd. and the union representing its refinery employees. On Sunday, Unifor…
The federal government is introducing a 75 per cent wage subsidy for companies of any size, charities and non-profits that have seen at least a 30 per…