Latest news in Benefits Canada Archive

Supreme Court to rule on how unionized workforces deal with human rights issues

Supreme Court to rule on how unionized workforces deal with human rights issues

The Supreme Court of Canada will hear an appeal on a Manitoba court case that could have implications for employers dealing with a human rights issue…

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Managing defined contribution pension plan fees (Part 2)

In a recent expert column, I broke down the different components of fees for defined contribution plans. And now, I will explore the key fee…

Starbucks serving up free mental-health benefits to U.S. staff

Starbucks serving up free mental-health benefits to U.S. staff

Starbucks Coffee Co. is offering eligible employees in the U.S. access to 20 free mental-health sessions per year beginning April 6. Through provider Lyra Health…

  • By: Staff
  • March 19, 2020 November 12, 2020
  • 09:00
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How will coronavirus impact private markets compared to the GFC?

As public capital markets roil in the turbulence caused by the coronavirus pandemic, private markets aren’t immune from challenges, said a recent report from PitchBook…

  • By: Staff
  • March 19, 2020 December 13, 2020
  • 06:49
U.S. employers maintaining health benefits, considering other cost-cutting measures: survey

Coronavirus pandemic means ‘new normal’ for employers, employees

All Canadian employers should assume at least one employee will test positive for the coronavirus, said Dr. Wendy Smeltzer, medical director at virtual health-care company…

Feds introduce $82 billion in coronavirus emergency support for workers, businesses

Prime Minister Justin Trudeau announced an $82 billion stimulus package to underpin several new policies aimed at supporting Canadian workers and employers during the coronavirus…

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Managing a capital accumulation plan through COVID-19

In this time of global pandemic, the coronavirus is shaking up everything, with high market volatility and changing work arrangements. Everyone is worried — not…

  • By: Yaelle Gang
  • March 18, 2020 December 13, 2020
  • 11:16
Lower income workers likely to see least paid time off as pandemic swirls: report

Lower income workers likely to see least paid time off as pandemic swirls: report

Paid leave from work is the first financial line of defence during a crisis preventing employees from coming to work. For one, it guards against…

  • By: Staff
  • March 18, 2020 November 12, 2020
  • 09:15

APTN introducing counselling with Indigenous elders into EAP

The Aboriginal Peoples Television Network is working to make counselling from Indigenous elders available to employees in several provinces through its employee assistance program. The…

Ontario, Alberta providing new leaves for employees impacted by coronavirus

Ontario and Alberta are making changes to provincial employment legislation to protect workers who are affected by the coronavirus. In Ontario, Premier Doug Ford and…

How are Canadian pension plans responding to coronavirus?

How are Canadian pension plans responding to coronavirus?

Across the country, public pension plans are releasing statements to assure members that their defined benefit pensions are secure and that they’re taking measures to…

CPPIB completes purchase of stake in renewable energy company

CPPIB completes purchase of stake in renewable energy company

The Canada Pension Plan Investment Board has completed its purchase of all outstanding common shares of Pattern Energy Group Inc. Pattern is no longer traded on the NASDAQ…

  • By: Staff
  • March 17, 2020 November 12, 2020
  • 15:15
Survey shows strong support for flexible, remote working post-coronavirus

Employers moving to remote work to help ‘flatten the coronavirus curve’

Canadian politicians, public health officials and chief executive officers have all urged Canadians to practice social distancing in a bid to “flatten the curve” of…

Emerging markets value investing not about catching falling knives: expert

When it comes to emerging markets equities, it’s important to look for compounders that will create value over time, says Andrew Miller, chief investment officer…

  • By: Yaelle Gang
  • March 17, 2020 December 13, 2020
  • 07:47
Canadian public pension heads call on employers to focus on coronavirus

Canadian public pension heads call on employers to focus on coronavirus

The chief executive officers of several major Canadian pension funds have joined forces with several other CEOs to ask Canadian business leaders to make the…

  • By: Staff
  • March 16, 2020 November 12, 2020
  • 16:00
Air Canada maintains ‘significant pension solvency surplus’ amid coronavirus pandemic

Air Canada maintains ‘significant pension solvency surplus’ amid coronavirus pandemic

Air Canada’s domestic registered defined pension plans are expected to maintain a “significant pension solvency surplus,” according to a press release. On Monday, the Montreal-headquartered…

  • By: Staff
  • March 16, 2020 November 11, 2020
  • 15:00
U.S. Fed cuts rates to zero in bid to quell coronavirus impacts

U.S. Fed cuts rates to zero in bid to quell coronavirus impacts

In a historic move, the U.S. Federal Reserve lowered its target range for the federal funds rate to between zero and 0.25 per cent on…

Green Shield Canada launches benefits plan analytics tool

Green Shield Canada launches benefits plan analytics tool

Green Shield Canada is launching a benefits plan analytics tool to help plan sponsors take a closer look at their offerings. The tool, DATAleap, looks to provide…

  • By: Staff
  • March 16, 2020 November 12, 2020
  • 09:30
Considerations around employee safety, privacy, leave during the coronavirus crisis

Considerations around employee safety, privacy, leave during the coronavirus crisis

As employers prepare to prevent against the spread of the coronavirus, issues of workplace and public safety will likely take precedent over privacy concerns. Employers…

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Fed takes emergency steps to slash rates and ease bank rules

The Federal Reserve took massive emergency action Sunday to try to help the economy withstand the coronavirus by slashing its benchmark interest rate to near…

Canadian pension plans see modest growth in value of assets in third quarter of 2019

Canadian pension plans see modest growth in value of assets in third quarter of 2019

Canadian employer pension plans saw the market value of their assets increase 1.6 per cent in the third quarter of 2019, up from the previous quarter, according…

  • By: Staff
  • March 13, 2020 November 12, 2020
  • 15:15
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Bank of Canada cuts rate target to 0.75% in response to COVID-19

The Bank of Canada is cutting its overnight rate target by half a percentage point to 0.75 per cent in response to COVID-19. The central…

A refresher on Canada’s leave policies as coronavirus escalates

A refresher on Canada’s leave policies as coronavirus escalates

With coronavirus fears escalating, employers are adjusting their leave policies while labour groups are urging governments to reconsider paid leave provisions. This week, Walmart Inc.…

Letters to the Editor: Alternative views on paramedical coverage

Since the point of an editorial is to create a discussion on the trends and issues affecting our industry, I was glad to see my…

  • By: Staff
  • March 13, 2020 December 3, 2020
  • 09:00