Latest news in Benefits Canada Archive

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Tips for choosing an OCIO provider

While it’s easy for a plan sponsor to determine how an equity or fixed income manager is performing, it isn’t as straightforward to assess the…

  • By: Yaelle Gang
  • December 13, 2019 December 13, 2020
  • 07:34
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Is value investing dead? And what does this have to do with low or negative interest rates?

Two questions seem to occupy pundits and popular media these days. One is why interest rates are negative and what this means. The other is…

OMERS appoints Blake Hutcheson new CEO

OMERS appoints Blake Hutcheson new CEO

The Ontario Municipal Employees Retirement System is appointing Blake Hutcheson as its new chief executive officer, effective June 1, 2020. Hutcheson, who is currently OMERS’ president and…

  • By: Staff
  • December 12, 2019 November 12, 2020
  • 15:30
Caisse participating in financing round for Quebec payment-tech provider

Caisse participating in financing round for Quebec payment-tech provider

The Caisse de dépôt et placement du Québec is taking part in a $358-million round of equity financing by Montreal-based Nuvei, a global payment-technology provider. Nuvei offers omni-channel,…

  • By: Staff
  • December 12, 2019 November 12, 2020
  • 15:00
New Indigenous Women’s Healing Centre collective agreement includes paid days off

New Indigenous Women’s Healing Centre collective agreement includes paid days off

Employees at the Indigenous Women’s Healing Centre in Winnipeg who are members of the Canadian Union of Public Employees Local 2348 have ratified their first collective…

  • By: Staff
  • December 12, 2019 November 12, 2020
  • 15:00
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Measuring and managing ESG in real estate portfolios

The rise in alternative investing combined with an increased focus on integrating environmental, social and governance considerations into the investment process is leading pension plans…

  • By: Yaelle Gang
  • December 12, 2019 December 13, 2020
  • 10:00

OECD urging countries to strengthen pension systems: report

The Organisation for Economic Co-operation and Development is urging governments around the world to urgently reform their pension systems to ensure employees in temporary or part-time employment can…

  • By: Staff
  • December 12, 2019 December 1, 2022
  • 09:00
OMERS Ventures hires former Uber executive as London managing partner

OMERS Ventures hires former Uber executive as London managing partner

OMERS Ventures, the venture capital investing arm of the Ontario Municipal Employees Retirement System, has hired former Uber Technologies Inc. executive Jambu Palaniappan to join…

  • By: Staff
  • December 12, 2019 November 12, 2020
  • 08:45
Green Shield Canada, Maple partner on telemedicine access

Green Shield Canada, Maple partner on telemedicine access

Green Shield Canada is teaming up with virtual health-care provider Maple to offer telemedicine to its plan members. The partnership aims to reduce employee absences and…

  • By: Staff
  • December 11, 2019 November 12, 2020
  • 15:00
French workers need to work until age 64 to get full pension

French workers need to work until age 64 to get full pension

French Prime Minister Edouard Philippe said the minimum retirement age will remain 62, but employees will have to work until 64 to receive a full…

Will Canadian capital markets disappoint investors in 2020?

Will Canadian capital markets disappoint investors in 2020?

While a recession may not be likely, institutional investors can expect dampened performance in many capital markets heading into 2020, according to Bill Yun, executive…

Mercer teaming up with AI platform for digital fitness, employee wellness

Mercer teaming up with AI platform for digital fitness, employee wellness

Mercer is teaming up with Lift Digital Inc., an artificial intelligence-based fitness and wellness platform, to bring customized, on-demand digital fitness to employers and employees. The…

  • By: Staff
  • December 11, 2019 November 12, 2020
  • 08:45
Majority of Canadians doing extra work before, after vacation: survey

Majority of Canadians doing extra work before, after vacation: survey

Two-thirds (66 per cent) of working Canadians said they expect to do extra work either before or after their vacation, according to a survey by ADP…

  • By: Staff
  • December 10, 2019 November 12, 2020
  • 15:15
PSP portfolio company H2Power selling assets to Australian investment manager

PSP portfolio company H2Power selling assets to Australian investment manager

H2O Power, in which the Public Sector Pension Investment Board is a shareholder, is selling its Canadian hydroelectric generation assets to TCorp. Through the transaction,…

  • By: Staff
  • December 10, 2019 November 12, 2020
  • 15:00
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Fed is likely to reinforce a message of continued low rates

The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the…

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Ex-Fed Chair Volcker dies, tamed inflation with recession

Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of…

Will pensions survive another round of quantitative easing?

Will pensions survive another round of quantitative easing?

When central banks took on the challenge of saving a drowning global economy during the 2008 financial crisis, pension plans appeared to have plenty to…

  • By: Staff
  • December 10, 2019 November 30, 2020
  • 09:00
Legal case highlights thorny issue of consent benefits under DB pension plans

Legal case highlights thorny issue of consent benefits under DB pension plans

An important case around an employer’s ability to change its practice in granting consent benefits under a pension plan is winding its way through the courts. The…

A third of women experience unwanted sexual behaviour at work: StatsCan

More than half of Canadians say they’ve witnessed at least one instance of inappropriate sexual behaviour at work, according to a new report by Statistics Canada. The…

Domtar pensions entering into $360 million annuity buyout

Domtar pensions entering into $360 million annuity buyout

Domtar Corp. is entering into an agreement with Sun Life Financial for a group annuity buyout. The transactions will transfer about $360 million in obligations and…

  • By: Staff
  • December 9, 2019 November 12, 2020
  • 15:00

Proposed Manitoba pension rule changes would permit creation of solvency reserve accounts

The Manitoba government has proposed changes to the provincial Pension Benefits Act that will allow the creation of in-plan solvency reserve accounts for defined benefit…

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Japan’s GPIF suspends lending to short-sellers indefinitely

Japan’s Government Pension Investment Fund, notably the largest pool of retirement savings in the world, announced Tuesday that it will no longer participate in the…

  • By: Staff
  • December 9, 2019 December 13, 2020
  • 08:44
Institutional investors agree profits can’t be top concern for companies: survey

Institutional investors agree profits can’t be top concern for companies: survey

The majority of Canadian institutional investors say they don’t think shareholders should take precedent over all other stakeholders, including employees, at a given company, according to a…

  • By: Staff
  • December 9, 2019 November 12, 2020
  • 08:18

Canadian workers want vacation, benefits plans and to work from home: survey

In 2020, Canadian employees are looking for more than just strong compensation, with 76 per cent of respondents citing at least three weeks of vacation, followed…

  • By: Staff
  • December 6, 2019 February 7, 2021
  • 15:00
CPPIB investing through India infrastructure fund

CPPIB investing through India infrastructure fund

The Canada Pension Plan Investment Board is investing up to US$600 million through India’s National Investment and Infrastructure Fund’s master fund. The agreement commits the CPPIB to…

  • By: Staff
  • December 6, 2019 November 12, 2020
  • 08:30