Latest news in Benefits Canada Archive

Norway’s largest pension fund divesting from Canadian oil sands

Norway’s largest pension fund divesting from Canadian oil sands

Norway’s largest pension fund, Kommunal Landspensjonskasse, is divesting its holdings in five oil sands companies, four of which were Canadian. KLP’s stake in Canadian firms Cenovus…

  • By: Staff
  • October 7, 2019 November 12, 2020
  • 16:45
Scotiabank adds extra paid personal days to support employee well-being

Scotiabank adds extra paid personal days to support employee well-being

Scotiabank is providing its eligible Canadian employees with an additional two paid personal days to support their mental health. Beginning Jan. 1, 2020, the bank’s…

  • By: Staff
  • October 7, 2019 November 12, 2020
  • 15:30
Gender wage gap narrows to 13.3%, women earn $4.13 less per hour: StatsCan

Gender wage gap narrows to 13.3%, women earn $4.13 less per hour: StatsCan

Women in their core working years earned on average 13.3 per cent less per hour than men in 2018, marking a 5.5 percentage point improvement…

Pension plan sponsor appetite strong for new innovative design options

Pension plan sponsor appetite strong for new innovative design options

Across Canada, innovative pension plan design options are continuing to emerge for employers considering a move away from traditional single employer, in-house defined benefit or…

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Are U.S. investment advisors getting more contracts by contributing to political campaigns?

Public pension plans rely on the help of investment advisory firms, but do politics play a role in which firms they choose to work with?…

  • By: Staff
  • October 7, 2019 January 6, 2021
  • 09:27
Hub acquiring Ontario-based benefits, retirement firm

Hub acquiring Ontario-based benefits, retirement firm

Hub International Ltd. is acquiring ProCorp Financial Inc., an Ottawa-based boutique benefits and retirement consulting firm. Hugh Doyle, president of ProCorp Financial, will join Hub Ontario and…

  • By: Staff
  • October 7, 2019 November 12, 2020
  • 09:00
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‘Staggering increase’ in global focus on responsible investing: survey

The majority (85 per cent) of global investment professionals said responsible investing is at least somewhat important to their organization, up from 68 per cent…

  • By: Staff
  • October 7, 2019 January 6, 2021
  • 08:45
Caisse investing in U.S.-based electric scooter company

Caisse investing in U.S.-based electric scooter company

The Caisse de dépôt et placement du Québec is making a US$50 million equity investment in San Francisco-based electric scooter share firm Bird Rides Inc.…

  • By: Staff
  • October 4, 2019 November 12, 2020
  • 15:15
Equitable Life expanding EAP, wellness services available through Homewood Health

Equitable Life expanding EAP, wellness services available through Homewood Health

Equitable Life Insurance Co. of Canada is expanding the services it offers to plan sponsors through its partnership with Homewood Health Inc. While the insurer has worked with…

  • By: Staff
  • October 4, 2019 November 12, 2020
  • 15:00
Using AI to gauge employee well-being, satisfaction

Using AI to gauge employee well-being, satisfaction

While employers want workplace cultures that make employees feel good and included, gauging and quantifying that experience can be difficult. Toronto-based company Receptiviti Inc. is…

University of Saskatchewan, Community Living Toronto join CAAT’s DBplus pension

University of Saskatchewan, Community Living Toronto join CAAT’s DBplus pension

Two more organizations are joining the Colleges of Applied Arts and Technology pension plan’s DBplus. The University of Saskatchewan and Federated Colleges Non-Academic Pension Plan,…

  • By: Staff
  • October 4, 2019 November 12, 2020
  • 09:00
A look at the diversification benefits of farmland investing for pension funds

A look at the diversification benefits of farmland investing for pension funds

For institutional investors looking at farmland, various strategies are available that span a range of asset classes, from real assets to private equity to venture…

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Do analysts say ‘buy’ to the public while whispering ‘sell’?

When sell-side stock analysts tell the public to buy, they may in fact be whispering sell to their institutional investor clients, according to a new…

SSQ Insurance adds pharmacogenetic testing to group benefits

SSQ Insurance adds pharmacogenetic testing to group benefits

SSQ Life Insurance Co. Inc. is adding pharmacogenetic testing to its group insurance offering. Pharmacogenetic testing helps determine how a person’s DNA reacts to prescription…

  • By: Staff
  • October 3, 2019 November 12, 2020
  • 16:00
PSP acquiring Australian agriculture firm for A$854 million

PSP acquiring Australian agriculture firm for A$854 million

The Public Sector Pension Investment Board is taking over Webster Ltd., an Australian agribusiness company, for A$854 million. While the PSP already owns 19.1 per cent…

  • By: Staff
  • October 3, 2019 November 12, 2020
  • 15:00
U.S. public pension funding levels up slightly as liability growth declines

U.S. public pension funding levels up slightly as liability growth declines

The funded ratio of public pension plans in the U.S. has edged up slightly to 73 per cent in fiscal year 2018, but has been…

  • By: Staff
  • October 3, 2019 November 12, 2020
  • 09:20
‘Staggering increase’ in global focus on responsible investing: survey

‘Staggering increase’ in global focus on responsible investing: survey

The majority (85 per cent) of global investment professionals said responsible investing is at least somewhat important to their organization, up from 68 per cent…

  • By: Staff
  • October 3, 2019 November 11, 2020
  • 09:00
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Ontario Teachers’ launches digital business incubator, CPPIB invests in office campus in California

The Ontario Teachers’ Pension Plan is launching a venture incubator called Koru, which aims to create, test and build scalable new digital businesses. “Koru is…

  • October 3, 2019 January 20, 2021
  • 08:59
Majority of Canadians say legalization of recreational pot not impacting workplace: survey

Majority of Canadians say legalization of recreational pot not impacting workplace: survey

Nearly a year since the legalization of recreational cannabis, most Canadians said it’s hasn’t had an impact at work in terms of health and safety…

  • By: Staff
  • October 3, 2019 November 12, 2020
  • 08:50
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The dark clouds and silver linings of financial innovation

In the fall of 2008, James Weatherall, today a professor of logic and the philosophy of science at the University of California, Irvine, was a…

Ontario Teachers’ boosting partnership in digital business incubator

Ontario Teachers’ boosting partnership in digital business incubator

The Ontario Teachers’ Pension Plan is launching a venture incubator called Koru, which aims to create, test and build scalable new digital businesses. “Koru is…

  • By: Staff
  • October 2, 2019 November 12, 2020
  • 15:30
Hub acquiring Saskatchewan-based benefits consulting firm

Hub acquiring Saskatchewan-based benefits consulting firm

Hub International Ltd. is acquiring Saskatoon-based Regency Advisory Corp., an employee benefits consulting firm.  “We continue to build on our efforts to add talented organizations like Regency to…

  • By: Staff
  • October 2, 2019 November 12, 2020
  • 15:00
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How fintech is changing the world of finance

Fintech includes four areas, all of which are changing the financial industry in different ways. These include peer-to-peer financing, robo-advising or systematic asset management, decentralized…

Pension Podcast: Challenges and opportunities for investing in Brazil

Pension Podcast: Challenges and opportunities for investing in Brazil

When investing in Brazil, what considerations should institutional investors keep in mind? And how can the market fit into a pension portfolio? One issue to…

Survey finds Canadian salaries expected to increase by 2.7% in 2020

Survey finds Canadian salaries expected to increase by 2.7% in 2020

Canadian employers are expecting to increase base salaries by an average of 2.7 per cent in 2020, according to a new survey by Morneau Shepell Ltd. This is up from…

  • By: Staff
  • October 2, 2019 November 12, 2020
  • 08:45