Latest news in Benefits Canada Archive

B.C. tribunal finds reduced benefits for older workers not age discrimination

The British Columbia Human Rights Tribunal has dismissed a complaint from a Molson Coors Beverage Co. retiree who alleged the company’s employee benefits plan was…

CLHIA white paper calls for more flexible annuities in CAPs, TFSAs

CLHIA white paper calls for more flexible annuities in CAPs, TFSAs

As pension regulators move forward with legislation permitting annuity options for certain capital accumulation plans, the Canadian Life and Health Insurance Association is calling on…

  • By: Staff
  • December 5, 2019 November 30, 2020
  • 15:45
What do your employees want for the holidays?

What do your employees want for the holidays?

While 54 per cent of Canadian employees said they prefer a bonus as a holiday reward, just 15 per cent said they expect to receive one…

  • By: Staff
  • December 5, 2019 November 12, 2020
  • 15:30
Alberta Pension Services Corp. ordered to pay retiree $267K for misrepresentation of benefits

Alberta Pension Services Corp. ordered to pay retiree $267K for misrepresentation of benefits

The Alberta Court of Appeal has upheld a $267,017 award to a pensioner for negligent misrepresentation after the Alberta Pensions Services Corp. provided mistaken estimates…

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Bank of Canada deputy governor Timothy Lane says Canadian economy resilient

The Canadian economy remains resilient despite the global uncertainty caused by the trade war between the United States and China, a senior Bank of Canada…

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When does active management make sense for large pension funds?

For many passive investors, the belief in efficient markets is core. But how efficient are markets at different parts of the capitalization spectrum? A new…

  • By: Yaelle Gang
  • December 5, 2019 December 13, 2020
  • 08:34

Stigma a barrier to EAP use: study

Perceptions of the stigma around receiving professional psychological help can be a barrier to seeking out mental-health services, according to a new study. The study,…

Global institutional investors sober as markets rally: survey

Global institutional investors sober as markets rally: survey

Despite continued strong markets, global institutional investors are apprehensive about what 2020 has in store, with more than half of survey respondents saying they think…

  • By: Staff
  • December 4, 2019 November 12, 2020
  • 15:45
Employees to put holiday bonuses towards financial well-being: survey

Employees to put holiday bonuses towards financial well-being: survey

A majority of Canadian employees who are expecting to receive a holiday bonus this year want to put it towards their financial well-being, according to a…

  • By: Staff
  • December 4, 2019 November 12, 2020
  • 15:30
PSP buying into Australia almond orchards, water rights

PSP buying into Australia almond orchards, water rights

The Public Sector Pension Investment Board is buying 89,085 megalitres of permanent water rights from Olam Orchards Australia Pty Ltd. for a total of A$490…

  • By: Staff
  • December 4, 2019 November 12, 2020
  • 15:15
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PSP buying permanent water rights in Australian orchards

The Public Sector Pension Investment Board is buying 89,085 megalitres of permanent water rights from Olam Orchards Australia Pty Ltd. for a total of A$490…

  • By: Staff
  • December 4, 2019 December 13, 2020
  • 12:04
GoodLife launches employee giving and volunteering program

GoodLife launches employee giving and volunteering program

Goodlife Fitness Centres Inc. is launching a giving and volunteering program for its employees. On the new GoodLife Gives platform, which is provided by Canadian…

  • By: Staff
  • December 4, 2019 November 12, 2020
  • 09:15

The Alberta Pension Plan is no slam dunk: memo

While the case for creating an Alberta Pension Plan looks straightforward on the surface, it’s far from a slam dunk, according to a memo published…

  • By: Staff
  • December 4, 2019 November 30, 2020
  • 09:00

Saskatchewan adding extra weeks of parental leave

The Saskatchewan government is amending its provincial employment act to add eight additional weeks of parental leave. The additional weeks of leave will be available to…

  • By: Staff
  • December 3, 2019 December 3, 2020
  • 15:30
Caisse, PSP investing in fintech venture fund

Caisse, PSP investing in fintech venture fund

The Caisse de dépôt et placement du Québec and the Public Sector Pension Investment Board are among several institutional investors committing $427 million in the…

  • By: Staff
  • December 3, 2019 November 12, 2020
  • 15:00
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Several Canadian institutional investors committing to fintech venture fund

The Caisse de dépôt et placement du Québec and the Public Sector Pension Investment Board are among several institutional investors committing $427 million in the…

  • By: Staff
  • December 3, 2019 December 13, 2020
  • 12:23
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Connecticut treasurer overseeing $37b in public pension funds aims to divest gun stock

Connecticut state Treasurer Shawn Wooden, who oversees $37 billion in public pension funds, will announce Tuesday plans to reallocate $30 million worth of shares in…

Improving employee mental-health benefits is good for everyone

Improving employee mental-health benefits is good for everyone

Whether it direct or indirect, mental illness affects everyone. Beyond an individual’s personal suffering, which can range from mild to severe, the effects are also felt by…

Majority of HR professionals want strong internal culture: survey

Majority of HR professionals want strong internal culture: survey

More than nine in 10 (92 per cent) human resources professionals want their company to create strong internal cultures, according to a new survey by…

  • By: Staff
  • December 2, 2019 November 12, 2020
  • 15:30
Study finds Canadian home country bias in equities hurting pension funds

Study finds Canadian home country bias in equities hurting pension funds

While it’s generally known Canadian pension plans have a home country bias when it comes to fixed income, a new study by FTSE Russell suggests…

  • By: Staff
  • December 2, 2019 November 12, 2020
  • 15:15
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Lagarde: Eurozone growth is weak, stimulus working

New European Central Bank President Christine Lagarde said Monday that economic growth “remains weak” in the 19 countries that use the euro but gave no…

ACPM urging feds to modernize Canadian tax rules for pensions

ACPM urging feds to modernize Canadian tax rules for pensions

In a new white paper, the Association of Canadian Pension Management is urging the federal government to reform the Income Tax Act rules for registered pension plans.  In the ACPM’s…

Union asks B.C. labour board to designate Uber, Lyft drivers as employees

The United Food and Commercial Workers Canada Local 1518 is waiting for a decision from the Labour Relations Board of British Columbia on its application to classify drivers…

  • By: Staff
  • December 2, 2019 December 3, 2020
  • 10:15
iA Financial launches medication adherence pilot project

iA Financial launches medication adherence pilot project

iA Financial Group is launching a pilot project to help benefits plan members with medication adherence. The Quebec City-based insurer will offer access to mobile…

Sounding Board: It’s time to take a simpler approach to communicating CAP investments

Sounding Board: It’s time to take a simpler approach to communicating CAP investments

In the 1970s and early 1980s, defined benefit plan members clamoured for the portability provided by converting their plans to defined contribution arrangements. But that…

  • December 2, 2019 November 30, 2020
  • 09:15