Latest news in Benefits Canada Archive

Majority of Canadian employers offering non-insurance benefits

Majority of Canadian employers offering non-insurance benefits

The majority (90 per cent) of Canadian employers now offer at least one non-insurance benefit such as paid time off, employee assistance programs or flexible working, according…

  • By: Staff
  • February 26, 2020 November 12, 2020
  • 16:00
Foodora couriers allowed to unionize, rules Ontario labour board

Foodora couriers allowed to unionize, rules Ontario labour board

The Ontario Labour Relations Board ruled on Tuesday that Foodora Canada couriers are dependent contractors and have the right to unionize. The ruling, which sets…

Arbitrability of LTD claims in Ontario’s hospital sector heading to Supreme Court

The issue of whether long-term disability claims are arbitrable or matters for the court, which has plagued Ontario’s hospital sector for over a quarter of…

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BBB-rated corporate bonds representing larger part of Canadian market

BBB-rated corporate bonds are becoming a bigger part of the Canadian market, according to an analysis by FTSE Russell. In particular, at the end of…

  • By: Yaelle Gang
  • February 26, 2020 December 13, 2020
  • 06:37

Ontario Teachers’ Pension Plan signs US$300M investment deal with New Gold

The Ontario Teachers’ Pension Plan has signed a US$300-million deal investment deal with New Gold Inc. Under the agreement, the pension fund will acquire a…

Despite bull market, CAP income replacement levels dropped in past decade: report

Despite bull market, CAP income replacement levels dropped in past decade: report

The gross income replacement levels for a typical capital accumulation plan have decreased by more than 10 per cent during the past 11-year bull market, according to…

  • By: Staff
  • February 25, 2020 November 30, 2020
  • 15:30
Caisse in private debt financing deal, OTPP invests in gold miner

Caisse in private debt financing deal, OTPP invests in gold miner

The Caisse de dépôt et placement du Québec is closing a $125 million financing deal with Meridian Credit Union Ltd. The investment takes the form of subordinated private debt…

  • By: Staff
  • February 25, 2020 November 11, 2020
  • 15:15
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Caisse provides subordinated private debt financing to Meridian

The Caisse de dépôt et placement du Québec is closing a $125 million financing deal with Canadian credit union, Meridian. The investment takes the form…

  • By: Staff
  • February 25, 2020 December 13, 2020
  • 09:24
Retirement age rising for millennials, gen X and boomers: report

Retirement age rising for millennials, gen X and boomers: report

Freedom 55? It’s looking more like Freedom 70 for some Canadians, but there are strategies that working baby boomers, generation Xers and millennials can employ…

  • By: Staff
  • February 25, 2020 November 30, 2020
  • 09:15
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OPTrust launches sustainable investing and innovation team with capital allocation mandate

While the OPSEU Pension Trust has been focused on responsible investing for some time, it’s bringing its sustainability activities to the next level with the…

  • By: Yaelle Gang
  • February 25, 2020 December 13, 2020
  • 08:33
Four tips for self-care while attending a conference

Four tips for self-care while attending a conference

In any industry, conferences are a great opportunity for continuing education and connecting with others — such as the 20-plus conferences hosted by Benefits Canada each…

OMERS posts 11.9% return for 2019 led by public equities

OMERS posts 11.9% return for 2019 led by public equities

The Ontario Municipal Employees Retirement System posted an 11.9 per cent return for 2019. The net return added $11.5 billion in value to the pension fund,…

Caisse completes purchase of B.C. docks

Caisse completes purchase of B.C. docks

The Caisse de dépôt et placement du Québec World, through its investment in DP World, has completed the purchase of Fraser Surrey Docks. The closing…

  • By: Staff
  • February 24, 2020 November 11, 2020
  • 15:30

Exploring litigation financing as an asset class

Along with more traditional asset classes like fixed income or private equities, litigation finance is another area for pension funds to keep on their radars.…

  • By: Yaelle Gang
  • February 24, 2020 December 13, 2020
  • 14:27
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Sustainalytics launches series of ESG indicators in new data product

Research and ratings firm Sustainalytics is launching a set of environmental, social and governance indicators aimed at helping investors with security selection, portfolio construction, risk…

  • By: Staff
  • February 24, 2020 December 13, 2020
  • 10:13
$100M judgment against Bell may signal uptick in pension indexing litigation

$100M judgment against Bell may signal uptick in pension indexing litigation

The Ontario Court of Appeal has ruled that Bell and its related companies, including Bell Canada, Bell Media Inc., Expertech Network Installation Inc. and Bell…

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Co-investments generally outperform single-sponsor private equity funds: research

When it comes to private equity investments, there’s a business case for multi-manager co-investment funds versus single-manager primary funds, according to research by Capital Dynamics.…

  • By: Staff
  • February 24, 2020 December 13, 2020
  • 09:19
Canadian law firms to join CAAT’s DBPlus pension plan

Canadian law firms to join CAAT’s DBPlus pension plan

Lawyers Financial has inked a deal with the Colleges of Applied Arts and Technology pension plan to offer law firms the chance to join the CAAT’s DBplus. The…

  • By: Staff
  • February 24, 2020 November 12, 2020
  • 09:15
CPPIB strengthens partnership in U.K.’s build-to-rent sector

CPPIB strengthens partnership in U.K.’s build-to-rent sector

The Canada Pension Plan Investment Board is strengthening its partnership with Lendlease Group in the U.K.’s built-to-rent sector with an agreement to invest in a…

  • By: Staff
  • February 21, 2020 November 12, 2020
  • 15:15

Sun Life facing proposed LTD benefits class-action lawsuit

A former federal government employee is launching a proposed $10-million class action lawsuit against Sun Life over how the insurer calculated cost-of-living increases on long-term disability benefits…

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Are your pension investments exposed to modern slavery?

With environmental, social and governance issues top of mind for many pension plan investors, modern slavery is one concern to keep on the radar. Historically,…

  • By: Yaelle Gang
  • February 21, 2020 December 13, 2020
  • 08:45
Majority of millennial workers in DC pension plans: report

Majority of millennial workers in DC pension plans: report

As millennials enter their prime working years many are actively saving for their retirements, according to a new report by Wells Fargo Institutional Retirement and Trust.…

  • By: Staff
  • February 21, 2020 November 30, 2020
  • 08:45

New Caisse CEO stresses caution after 10 year bull market and soft 2019 returns

The Caisse de depot et placement du Quebec missed its benchmark portfolio last year due to lacklustre performance of real estate and infrastructure assets and…

Caisse posts 10.4% return for 2019 bolstered by equities

Caisse posts 10.4% return for 2019 bolstered by equities

The Caisse de dépôt et placement du Québec posted a 10.4 per cent return for 2019, well surpassing its 2018 annual return of 4.2 per cent.…

CLHIA, consultants calling for modifications to PMPRB draft guidelines

CLHIA, consultants calling for modifications to PMPRB draft guidelines

The Canadian Life and Health Insurance Association is asking the Patented Medicine Prices Review Board to include workplace-related factors when it sets maximum prices for medications.…

  • By: Staff
  • February 20, 2020 November 12, 2020
  • 15:15