Latest news in Benefits Canada Archive

Men offered flexible working options more often than women: survey

Men offered flexible working options more often than women: survey

Not only are female workers in the technology industry earning less than their male counterparts, but a new survey by Mason Frank International found women are less…

  • By: Staff
  • March 6, 2020 November 12, 2020
  • 08:45
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Phase one China trade deal: Key issues unresolved until after U.S. election

The phase one trade deal between the U.S. and China was presented by the Trump administration as an “historic and enforceable” agreement that “begins rebalancing…

  • By: Katie Deal
  • March 5, 2020 December 13, 2020
  • 15:21

Canada Life to make virtual health care standard in group benefits plans

Canada Life is working with Dialogue Technologies Inc. to make virtual health care a standard benefit for its group benefits plans with up to 400 plan…

  • By: Staff
  • March 5, 2020 November 23, 2020
  • 15:15
‘Substantial’ gender wage gap persists in Canada: study

‘Substantial’ gender wage gap persists in Canada: study

A substantial wage gap between men and women continues to exist in Canada, according to a new study commissioned by ADP Canada Co. Based on…

  • By: Staff
  • March 5, 2020 November 11, 2020
  • 15:15
PSP subsidiary starts development consultations for Toronto property

PSP subsidiary starts development consultations for Toronto property

Northcrest Developments, a real estate subsidiary of the Public Sector Pension Investment Board, is launching a development project in Toronto, alongside the Canada Lands Co. The site, known…

  • By: Staff
  • March 5, 2020 November 12, 2020
  • 15:00
Mining companies’ social risks important but difficult to measure: panel

Mining companies’ social risks important but difficult to measure: panel

The most material and least quantifiable risks for mining companies lie in the social component of environmental, social and governance issues — and that’s where…

Animal rights group changes pension’s default fund after fracas with ethical vegan

Animal rights group changes pension’s default fund after fracas with ethical vegan

The League Against Cruel Sports is now acknowledging it dismissed an ethical vegan employee after he raised concerns over the organization’s pension plan. The employee, Jordi…

  • By: Staff
  • March 5, 2020 November 30, 2020
  • 09:00
Employers urged to step up equality, culture efforts: survey

Employers urged to step up equality, culture efforts: survey

Corporate leaders often talk about equality, empowerment and culture, but that doesn’t mean their employees feel their organizations are actually walking the walk. Indeed, a significant…

  • By: Staff
  • March 5, 2020 November 12, 2020
  • 08:45
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COVID-19 worries possible drag on otherwise strong Canadian structured finance market: report

While not as strong as 2018, combined new term asset-backed securities, asset-backed commercial paper and covered bond issuances closed out 2019 hitting $81.3 billion, according…

  • By: Staff
  • March 5, 2020 December 13, 2020
  • 08:24

IKEA Canada rolls out wellness days for employees’ personal needs

IKEA Canada is giving wellness days to its employees to support their work-life balance. The wellness days, introduced in January, can be used for when employees…

  • By: Staff
  • March 4, 2020 November 23, 2020
  • 15:15
Central banks have pulled the trigger. Now what?

Central banks have pulled the trigger. Now what?

After a week that saw coronavirus worries wallop equity markets into correction territory, the U.S. Federal Reserve announced a 0.5 per cent rate cut on…

B.C. introducing legislation for paid domestic, sexual violence leave

British Columbia is tabling legislation that would grant up to five days of paid leave for workers affected by domestic or sexual violence. The leave…

  • By: Staff
  • March 4, 2020 November 23, 2020
  • 09:45
IBM Canada investing in local CSR programs

IBM Canada investing in local CSR programs

In the war for talent, corporate social responsibility programs are another weapon companies can wield to attract and retain staff, says Jennifer Roynon, corporate social…

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Does block ownership by pension service firms impact corporate governance?

Will a company’s expansion of its pension plan increase the likelihood of pension service providers buying up its shares? A new paper, which is set…

Institutional investors planning to allocate more to private assets: survey

Institutional investors planning to allocate more to private assets: survey

Close to a quarter (23 per cent) of institutional investors said they plan to reduce their cash balances, according to a new survey by BlackRock…

  • By: Staff
  • March 3, 2020 November 12, 2020
  • 15:45
CPPIB among investors in U.S. autonomous driving company

CPPIB among investors in U.S. autonomous driving company

The Canada Pension Plan Investment Board is among a group of organizations participating in the first external investment round for Waymo, a California-based autonomous driving technology…

  • By: Staff
  • March 3, 2020 November 12, 2020
  • 15:15
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Virus spread prompts Fed to slash rates in surprise move

In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizeable half-percentage point Tuesday in an effort to support the economy…

Scotiabank expanding parental leave top-up, adding virtual health care

Scotiabank is expanding its maternity and parental leave top-up pay for Canadian employees and providing access to a virtual health-care program. Eligible employees will receive…

  • By: Staff
  • March 3, 2020 November 23, 2020
  • 09:15
Arbitration clause doesn’t offend employment standards legislation, rules B.C. court

Arbitration clause doesn’t offend employment standards legislation, rules B.C. court

The British Columbia Supreme Court has ruled that a clause in an employment agreement mandating arbitration as a way of resolving wrongful dismissal disputes doesn’t…

PSP part of consortium taking majority stake in video-telematics company

PSP part of consortium taking majority stake in video-telematics company

The Public Sector Pension Investment Board, along with a consortium of other investors, is acquiring a majority stake in Lytx Inc., a video-telematics company. The…

  • By: Staff
  • March 2, 2020 November 12, 2020
  • 15:30
Ontario Teachers’ appoints new board member

Ontario Teachers’ appoints new board member

The Ontario Teachers’ Pension Plan is appointing Cindy Forbes to its board, effective immediately. Currently, Forbes is global chief analytics officer at Manulife Financial Corp.…

  • By: Staff
  • March 2, 2020 November 12, 2020
  • 15:15

Morneau Shepell selling benefits consulting business to Hub

Morneau Shepell Ltd. is selling its benefits consulting business to Hub International Ltd. The benefits component of Morneau Shepell’s consulting business, which represents about three…

  • By: Staff
  • March 2, 2020 November 23, 2020
  • 09:55
City of Vancouver uses anti-bullying day to promote respectful workplace conduct

City of Vancouver uses anti-bullying day to promote respectful workplace conduct

While Pink Shirt Day started in elementary schools as a way to take a stand against bullying, the City of Vancouver uses the day to encourage a…

SHARE, Groupe Investissement Responsable launching Canadian proxy voting company

Ontario Teachers’ appoints new board member

Cindy Forbes is joining the board of the Ontario Teachers’ Pension Plan effective immediately. Currently, Forbes is the global chief analytics officer for Manulife Financial…

  • By: Staff
  • March 2, 2020 December 13, 2020
  • 09:28
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More private equity firms are buying out VC-backed companies

Private equity firms are increasingly buying out venture capital-backed companies, according to a report from Pitchbook. Indeed, between 2000 and 2019, the number of venture…

  • By: Staff
  • March 2, 2020 December 13, 2020
  • 09:00