Latest news in Benefits Canada Archive

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China virus outbreak chilling recovery for Asian economies

The virus outbreak in China has put South Korea’s economy into an “emergency situation,” its president says. Japan is on the brink of recession and…

UTAM joins institutional investors calling on aviation sector to address climate change

UTAM joins institutional investors calling on aviation sector to address climate change

The University of Toronto Asset Management Corp. is teaming up with more than 120 institutional investors to call on the aviation sector to confront the…

  • By: Staff
  • February 18, 2020 November 12, 2020
  • 09:15
CPPIB assets reach more than $420 billion in fiscal Q3

CPPIB assets reach more than $420 billion in fiscal Q3

The Canada Pension Plan Investment Board generated a net income of $14.5 billion for its third fiscal quarter, rounding out a 7.1 per cent return for…

  • By: Staff
  • February 18, 2020 November 12, 2020
  • 09:00
Quebec won’t create emergency fund for corporate pensions

Quebec won’t create emergency fund for corporate pensions

Quebec’s closed the door on the idea of forming a pension benefits guarantee fund to protect members in retirement plans sponsored by employers that have…

Western Forest Products, union reach tentative deal after tensions over LTD benefits, pension

Western Forest Products, union reach tentative deal after tensions over LTD benefits, pension

Western Forest Products and the United Steelworkers union have reached a tentative collective agreement after more than seven months of tensions over pensions and long-term…

  • By: Staff
  • February 14, 2020 November 12, 2020
  • 09:10
Canadian DB plans return 14% for 2019: RBC

Canadian DB plans return 14% for 2019: RBC

Canadian defined benefit pension plans posted an average return of 14 per cent in 2019, according to RBC Investor and Treasury Services’ universe. The double-digit…

  • By: Staff
  • February 14, 2020 November 12, 2020
  • 09:07
Do workers delaying retirement feel financially trapped?

Do workers delaying retirement feel financially trapped?

Should I stay or should I go? That’s the question employees are asking regarding their retirement, but they’re getting mixed answers from their employers. In…

  • By: Staff
  • February 14, 2020 November 30, 2020
  • 09:05
BCI makes credit agreement, CPPIB ups allocation to U.S. logistics firm

BCI makes credit agreement, CPPIB ups allocation to U.S. logistics firm

The British Columbia Investment Management Corp. is making a credit agreement with Knightsbridge Capital Group, an asset-based lender in Vancouver. “As BCI builds out our…

  • By: Staff
  • February 14, 2020 November 11, 2020
  • 09:00

Editorial: Hands off my massage benefits!

Since my last two editorials have targeted issues around pension plan design and retirement readiness, I’m balancing things out this month by turning my attention…

Head to head: Is too much choice an issue in DC plan investment options?

Canadian defined contribution plans offer a range of investment choices, from a single balanced fund, in some cases, to more than 25 options. Douglas Anderson,…

West Fraser taking phased approach to pension plan annuitization

West Fraser taking phased approach to pension plan annuitization

West Fraser Timber Co. Ltd. isn’t annuitizing multiple defined benefit plans to get out of the pension business. In fact, the British Columbia-based integrated wood…

  • By: Yaelle Gang
  • February 14, 2020 December 11, 2020
  • 08:58

How can plan sponsors work out the kinks in paramedical coverage?

Historically, Epcor Utilities Inc. provided employees with $1,000 in annual coverage for each paramedical service, ranging from massage therapists, physiotherapists and chiropractors to speech therapists,…

  • By: Kelsey Rolfe
  • February 14, 2020 September 19, 2023
  • 08:57
What lies ahead for pension funds in 2020?

What lies ahead for pension funds in 2020?

Institutional investors are grappling with historic levels of geopolitical tension, with multiple pain points contributing to a shifting macroeconomic landscape. But amid the whooshing sounds…

A look at one of Canada’s oldest multi-employer target-benefit plans

A look at one of Canada’s oldest multi-employer target-benefit plans

Jim Flynn, a trustee of the Nursing Homes and Related Industries Pension Plan and a former assistant regional director of the Canadian Union of Public…

OPTrust focuses on certainty in an uncertain environment

Against a backdrop of uncertainty, the OPSEU Pension Trust is guided by an investment strategy with certainty at its core. In 2015, the plan introduced…

An update on MEPPS, JSPPs and PRPPs

An update on MEPPS, JSPPs and PRPPs

Squeezed by onerous funding requirements and overarching fiduciary duties, defined benefit plan sponsors are increasingly willing to embrace alternative structures — such as multi-employer pension…

Tips for optimizing an employee health fair

Tips for optimizing an employee health fair

Employers promote competition, interactive booths and benefits information to engage employees in their wellness offerings. “Someone lasted seven minutes,” says Stephanie Enright, the Mississauga, Ont.…

  • By: Sonya Felix
  • February 14, 2020 March 18, 2021
  • 08:53
Back to basics on drug pooling

Back to basics on drug pooling

How does a plan sponsor solve a problem like a massive drug claim? One solution embraced by the Canadian market is drug pooling, which goes…

Paternity leave changes target work-life balance in South Korea

Paternity leave changes target work-life balance in South Korea

Among countries in the Organisation for Economic Cooperation and Development, South Korea has one of the lowest birth rates and one of the highest gender…

Q&A with CSA Group’s Melodie Mason

Q&A with CSA Group’s Melodie Mason

CSA Group’s vice-president of total rewards talks mental health, well-being programs and travelling with her family. Q. What top challenges do you face in your…

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Has the value premium disappeared?

Since the value premium was originally outlined by Eugene Fama and Kenneth French in the early 1990s, has it declined or disappeared in the U.S.…

  • By: Yaelle Gang
  • February 14, 2020 December 13, 2020
  • 08:20
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Canadian DB funds generate second-highest returns in a decade: RBC

Canadian defined benefit pension plans posted a return of 14 per cent in 2019, according to the RBC Investor and Treasury Services’ universe. These double-digit…

  • By: Staff
  • February 13, 2020 December 13, 2020
  • 08:33
Are elements of U.S. pension reform worthy of Canadian consideration?

Are elements of U.S. pension reform worthy of Canadian consideration?

The first major reform to the U.S. retirement system in a decade, the Setting Every Community Up for Retirement Enhancement Act, contains provisions that could…

Target-date funds a game changer for plan member outcomes: research

Target-date funds a game changer for plan member outcomes: research

In the U.S., target-date funds in workplace retirement plans have grown from $5 billion in 2000 to $734 billion in 2018, with many benefits for…

  • By: Staff
  • February 12, 2020 November 12, 2020
  • 15:30