News Benefits Canada News

Latest news in Benefits Canada News

Copyright_Vadim Guzhva_123RF

44% of Black Americans retiring earlier than planned due to health issues, disabilities: survey

More than two-fifths (44 per cent) of U.S. Black retirees said they left the workforce earlier than planned due to a health issue or disability,…

Copyright_irinkavasilinka_123RF

73% of employers say rising benefits costs a top issue in 2025: survey

Roughly three-quarters (73 per cent) of Canadian employers say the rising cost of benefits is the No. 1 issue influencing their benefits strategy this year,…

  • By: Staff
  • July 7, 2025 July 2, 2025
  • 09:00
Copyright_burdun_123RF

Employee confidentiality case highlights importance of strong employment agreements: lawyer

A recent US$3.1 million award by a Florida jury in favour of a Canadian engineering services and manufacturing enterprise against a high-ranking Dubai-based employee who…

ACPM urges Manitoba to expand pension unlocking legislation

Manitoba’s Pension Benefits Act could be improved by allowing for more flexibility in transfers of locked-in funds, said the Association of Canadian Pension Management. In…

  • By: Staff
  • July 7, 2025 July 4, 2025
  • 09:00
109095428-123RF

Caisse agreeing to $636M AtkinsRéalis share repurchase deal, BCI closing acquisition of infrastructure investment firm

The Caisse de dépôt et placement du Québec is entering a private agreement to give AtkinsRéalis Group Inc. the option to repurchase the seven million…

  • By: Staff
  • July 4, 2025 July 2, 2025
  • 15:00
Copyright_alsimonov_123RF

50% of Canadian gen-Zers prefer roles without people management, citing work-life balance: survey

Half (50 per cent) of Canadian generation Z workers say they’d prefer a senior role that doesn’t involve people management, compared to 44 per cent…

Copyright_ilixe48_123RF

Top 5 HR, benefits, pension and investment stories of the week

An article on Quebec’s incoming framework for variable payment life annuities was the most-read story on BenefitsCanada.com this past week. Here are the top five…

  • By: Staff
  • July 4, 2025 July 3, 2025
  • 09:00
Copyright_andranik2018_123RF

Solvency ratio of average pension fund increased to 101.1% in May: report

The funded status of a typical Canadian pension plan increased on both a solvency and accounting basis during the month of May, according to a…

  • By: Staff
  • July 3, 2025 June 30, 2025
  • 11:00
Copyright Christian Bendel - DHL Express

Unifor, DHL Express agreement includes increased employer match in DC pension plan

The union representing 2,100 workers at DHL Express Canada sites across the country has ratified a new four-year agreement that includes pension and benefits gains.…

  • By: Staff
  • July 3, 2025 July 2, 2025
  • 09:00

How Canada is inspiring pension reform in Ukraine

Ukraine is taking inspiration from Canada as it reforms its pension system and moves away from Soviet-era concepts. The topic has been frequently discussed by…

Quebec’s AI workplace guidelines signal a shift for employers: expert

While they aren’t legally binding, Quebec’s workplace artificial intelligence guidelines offer a roadmap for how existing privacy law will be interpreted and where legal expectations…

Copyright_jetcityimage_123RF

BMO corporate employees returning to office four days per week this fall

The Bank of Montreal says it’s moving towards having employees work four days in the office per week starting in the fall, joining some of…

Copyright_nialowwa_RF123

Canadian employers divided on who should adapt to workplace culture: survey

More than half (55 per cent) of Canadian employers say it’s up to workers to adapt to company culture, while 45 per cent believe workplace…

  • By: Staff
  • July 2, 2025 July 2, 2025
  • 09:00
Copyright_marcbruxelle_123RF

Report finds pension plan membership increasing across Canada

The number of Canadians who are active members of a registered pension plan is increasing, according to a new report by Statistics Canada. It found…

  • By: Staff
  • June 30, 2025 June 30, 2025
  • 14:30
Copyright_ecrow_123RF

Quebec introducing VPLA regulatory framework

The implementation of variable payment life annuities in Quebec will support employee financial well-being and retirement readiness, while providing a model for other Canadian jurisdictions,…

Copyright_pat138241_123RF

Climate group raises concerns about oil and gas representation on pension fund boards

A climate advocacy group says oil and gas representation on the boards of Canada’s big public pensions raise concerns about conflicts of interest. In a…

Deciem supporting employee inclusivity with Pride Month events

Deciem Beauty Group Inc. is marking Pride Month with a series of employee events to support LGBTQ2S+ employees, allies and the wider community. The employer…

  • By: Jada Lowe
  • June 27, 2025 June 26, 2025
  • 09:00

SickKids employees joining HOOPP’s DB pension plan

Employees at Toronto’s Hospital for Sick Children are joining the Healthcare of Ontario Pension Plan’s defined benefit plan, effective Dec. 29, 2025. Almost all active…

  • By: Staff
  • June 27, 2025 June 26, 2025
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article on Canadian institutional investors’ potential overexposure to alternative assets was the most-read story on BenefitsCanada.com this past week. Here are the top five…

  • By: Staff
  • June 27, 2025 June 26, 2025
  • 09:00

Editorial: DEI’s non-linear evolution will carry on despite backlash

Three years ago, I wrote an editorial for our inaugural DEI Issue heralding the overdue and rising attention that was being bestowed on diversity, equity…

Head to head: Should employers be mandating employees back to the office?

Five years after the coronavirus pandemic normalized the concept of remote working, academic and union thought leaders agree there’s no evidence supporting return-to-office mandates. Mark…

How Metrolinx is prioritizing resources and support for women in the workplace

At Metrolinx, diversity, equity and inclusion are more than just initiatives, they’re woven into the fabric of how the Ontario transportation agency operates. “We know…

A closer look at the Nordic countries’ approach to sustainable investing

It’s a generally recognized fact that institutional investors in the Nordic region pioneered the approach to sustainable investing, including incorporating environmental, social and governance factors.…

2025 Top 40 Money Managers Report: How institutional investors are grappling with the DEI backlash

Eddy Ng remembers 2020 as a landmark year for diversity, equity and inclusion as the corporate world responded to the public outcry that followed the…

2025 Top 100 Pension Funds Report: What are the latest trends in de-risking as DB plans enter surplus territory?

The Canadian pension risk transfer market reached record-breaking demand in 2024 with $11 billion in deals at the end of the year, eclipsing the $7.8…