Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 26 Jul 2024 16:14:51 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 AIMCo backing offshore wind energy acquisition, Caisse investing in data centre project expansion https://www.benefitscanada.com/news/cir-news-news/aimco-backing-offshore-wind-energy-acquisition-caisse-investing-in-data-centre-project-expansion/ Fri, 26 Jul 2024 16:00:02 +0000 https://www.benefitscanada.com/?p=158380 The Alberta Investment Management Corp. is backing an acquisition deal that will see Singapore-based Cyan Renewables buy Australian offshore marine services provider MMA Offshore Ltd. in a deal worth U.S.$714 million. According to a press release, the AIMCo participated in the acquisition through its investment in Cyan. MMA shareholders stand to obtain a 31 per […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-92/ Fri, 26 Jul 2024 13:00:49 +0000 https://www.benefitscanada.com/?p=158410 An article on the City of Philadelphia’s return-to-office mandate was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the week: 1. City of Philadelphia employees ordered back to office 5 days per week 2. CPPIB appointing Priti Singh as senior managing director, chief risk […]

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]]> Employers can help gen Z workers feel less isolated through social activities, mentoring: experts https://www.benefitscanada.com/news/bencan/employers-can-help-gen-z-workers-feel-less-isolated-through-social-activities-mentoring-experts/ Fri, 26 Jul 2024 13:00:20 +0000 https://www.benefitscanada.com/?p=158386 Generation Z workers may be feeling more disconnected or isolated due to the effects of remote work, but employers can help by providing opportunities for connectivity, says Alexandra Duba, people experience advisor at Xero Ltd. “It has so much to do with how the [coronavirus] pandemic impacted in-person connection, as well as the impact technology […]

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]]> OPB making key appointments to executive team as part of leadership transition strategy https://www.benefitscanada.com/news/bencan/opb-making-key-appointments-to-executive-team-as-part-of-leadership-transition-strategy/ Fri, 26 Jul 2024 10:05:04 +0000 https://www.benefitscanada.com/?p=158332 The Ontario Pension Board is making two senior executive appointments as part of its management transition plan. The organization is appointing Marc Rondeau (pictured right) as executive vice-president and chief pension officer and Mila Babic (pictured left) as executive vice-president and chief client services officer, effective Aug. 6, 2024. Rondeau will replace Darwin Bozek as […]

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]]> 51% of U.S. women entering peak retirement years have less than $100k saved: survey https://www.benefitscanada.com/pensions/retirement/51-of-u-s-women-entering-peak-retirement-years-have-less-than-100k-saved-survey/ Thu, 25 Jul 2024 19:00:16 +0000 https://www.benefitscanada.com/?p=158361 Half (51 per cent) of women in the U.S. aged 65 who are entering their peak retirement years have less than $100,000 saved, with the percentage rising (67 per cent) among single women, according to a new survey by Artemis Strategy Group on behalf of non-profit the Alliance for Lifetime Income. The survey, which polled more than 2,500 consumers between […]

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]]> Jordan Fremont joining Stikeman Elliott as partner https://www.benefitscanada.com/notice/appointment-notice/jordan-fremont-joining-stikeman-elliott-as-partner/ Thu, 25 Jul 2024 13:00:55 +0000 https://www.benefitscanada.com/?p=158282 Jordan Fremont is joining Stikeman Elliott LLP’s pensions and benefits group as a partner. His practice focuses on pensions, benefits and compensation plan design, as well as compliance, governance, administration, regulatory investigations, disputes and business transactions. Fremont previously practiced at Bennett Jones LLP and prior to that, at Hicks Morley Hamilton Storey Stewart LLP. Read […]

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]]> Liquidity status guiding Canadian pension funds through near-term market volatility: report https://www.benefitscanada.com/canadian-investment-review/research-markets/liquidity-status-guiding-canadian-pension-funds-through-near-term-market-volatility-report/ Wed, 24 Jul 2024 19:00:31 +0000 https://www.benefitscanada.com/?p=158359 Liquidity status is helping some of Canada’s biggest pension funds meet the challenges of a volatile investment market thanks to exceptional liquidity status, according to a new report by Fitch Ratings Inc. The report, which compared the credit ratings and portfolios of seven of the largest Canadian pension funds with approximately $2.1 trillion in net […]

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]]> DB pension plans boosting recruitment, retention in public safety industry: report https://www.benefitscanada.com/pensions/defined-benefit-pensions/db-pension-plans-boosting-recruitment-retention-in-public-safety-industry-report/ Wed, 24 Jul 2024 13:00:35 +0000 https://www.benefitscanada.com/?p=158313 More than half (52) per cent of new public safety employee hires are expected to retire from a defined benefit pension plan, according to a new report by the National Institute on Retirement Security. The report, which reviewed data from 28 U.S. police and fire pension plan sponsors, found that DB plans are an effective […]

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]]> Vibrant Marketing helping break down period stigma in the workplace https://www.benefitscanada.com/benefits/health-benefits/vibrant-marketing-helping-break-down-period-stigma-in-the-workplace/ Wed, 24 Jul 2024 13:00:34 +0000 https://www.benefitscanada.com/?p=158317 Vibrant Marketing is helping break down period stigma in the workplace by making sure free menstrual products are available for employees in its office washrooms. The organization recently teamed up with Alea Protection, a menstrual product manufacturer, to stock natural and sustainable feminine hygiene products and ensure they’re clearly displayed and easy to access in Vibrant’s washrooms. […]

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]]> Majority of Canadian employees recognize link between financial well-being, mental health: report https://www.benefitscanada.com/benefits/health-wellness/majority-of-canadian-employees-recognize-link-between-financial-well-being-mental-health-report/ Tue, 23 Jul 2024 13:00:09 +0000 https://www.benefitscanada.com/?p=158301 Nearly all (95 per cent) Canadian employees recognize their financial situation significantly impacts their personal well-being and 92 per cent of human resources leaders agree, according to a new report by Dialogue Health Technologies Inc. The survey, which polled more than 1,600 working Canadians, across all age groups and provinces, found more than a quarter […]

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