SME workers say paid time off, flexible schedules most important benefits: survey
While nearly three-quarters (74 per cent) of small- and medium-sized employers say cost is the biggest hurdle to offering employee benefits, a majority of SME…
Latest news in Benefits Canada News
Meridian appointing Patricia Johns as chief people, culture officer
Meridian Credit Union is appointing Patricia Johns as chief people and culture officer. Most recently, she was founder and principal of Hrxlence Consulting Inc. and…
- By: Staff
- August 17, 2022 August 16, 2022
- 09:00
OMERS investing in solar energy service, Caisse and CPPIB reinvesting in professional services firm
The Ontario Municipal Employees’ Retirement System is investing in an Arizona-based solar energy business. In a deal reached with Clairvest Group Inc., the institutional investor…
- By: Staff
- August 16, 2022 August 16, 2022
- 12:32
FSRA seeking comment on draft pension registration guidelines
The Financial Services Regulatory Authority of Ontario is seeking feedback on its proposed guidance on requirements for pension plans to take certain actions to avoid…
- By: Staff
- August 16, 2022 August 17, 2022
- 11:30
U.S. employers expecting health benefits costs to rise 5.6% per employee in 2023: survey
U.S. employers are anticipating health benefits costs will rise by an average of 5.6 per cent per employee in 2023, according to early results from a…
- By: Staff
- August 16, 2022 August 15, 2022
- 09:00
Employee placed on unpaid leave over mask refusal not entitled to reasonable notice: Alberta court
An Alberta court has ruled that a Calgary grocery store worker placed on indefinite unpaid leave — for failure to comply with a mandatory mask…
- By: Julius Melnitzer
- August 16, 2022 August 15, 2022
- 09:00
Ontario Teachers reporting 1.2% return in first half of 2022
The Ontario Teachers’ Pension Plan is reporting a total fund net return of 1.2 per cent for the six-month period ended June 30, 2022. The…
- By: Staff
- August 16, 2022 August 15, 2022
- 09:00
LifeWorks acquiring Australian EAP, Telus acquisition passes regulatory hurdles
LifeWorks Inc. is acquiring Benestar, an employee assistance program from Australia-based Cover-More Group. In addition to the acquisition, LifeWorks will provide certain EAP services for…
- By: Staff
- August 15, 2022 August 16, 2022
- 15:00
CPPIB assets down $16BN in Q1 fiscal 2023
The Canada Pension Plan Investment Board is reporting net assets of $523 billion for the first quarter of fiscal 2023, down from $539 billion at…
- By: Staff
- August 15, 2022 August 15, 2022
- 09:00
HSBC adding coverage for fertility treatments, surrogacy, gender affirmation
HSBC Bank Canada is enhancing its benefits plan by adding new coverage for fertility treatments, surrogacy and gender affirmation. The bank is introducing a surrogacy…
- By: Staff
- August 15, 2022 August 13, 2022
- 09:00
30% of insurers making changes to ensure diversity among medical providers: report
Nearly a third (30 per cent) of insurers are making changes to ensure there’s diversity among the medical providers within their networks, according to a…
- By: Staff
- August 12, 2022 August 12, 2022
- 15:00
Top 5 HR, benefits and pension stories of the week
An article on Canadian employers increasing salaries and offering remote work to attract talent was the most-read story on BenefitsCanada.com over the last week. Here…
- By: Staff
- August 12, 2022 August 12, 2022
- 09:05
How employers can support employees’ financial, mental well-being during high inflation
In the midst of historically high inflation and ahead of a possible recession, it’s important for employers to offer benefits like financial counselling and flexible spending…
- By: Sadie Janes
- August 12, 2022 August 11, 2022
- 09:00
Sounding board: Private health insurance industry needs to innovate to keep offering value to Canadians
There’s no question that Canadians value their private health benefits, even with pharmacare discussions back on the table. In a recent Abacus Data study, 78…
- By: Innovative Medicines Canada
- August 12, 2022 August 8, 2022
- 09:00
Editorial: Employers embracing innovation, flexibility in DC plan design
The uniting theme at the 2022 Defined Contribution Plan Summit was financial wellness, a chief concern for any employer that offers a pension plan to…
- By: Jennifer Paterson
- August 12, 2022 August 11, 2022
- 09:00
Head to Head: When it comes to fossil fuels, is divestment or engagement the right route for institutional investors?
While one expert says the two approaches work most effectively together, the other highlights the importance of complete divestment. Adam Scott, director at Shift Action…
- By: Benefits Canada
- August 12, 2022 August 11, 2022
- 08:59
City of Toronto using cartoons to make benefits communications more engaging
When it comes to communicating with employees, it can be challenging for employers to create subject matter that’s engaging enough to ensure staff properly absorb…
- By: Sadie Janes
- August 12, 2022 August 11, 2022
- 08:58
2022 Consultants Report: How consultants are helping plan sponsors grapple with mega-trends for future of work
While the latest stage of the coronavirus pandemic is heralding a gradual return to relative calm, plan sponsors are stepping out of the frying pan…
- By: Kelsey Rolfe
- August 12, 2022 August 11, 2022
- 08:57
Which emerging and frontier markets are institutional investors considering in 2022?
While institutional investors are no strangers to established markets such as Europe and the U.S., the world’s emerging and frontier markets can provide diversification and…
- By: Blake Wolfe
- August 12, 2022 August 11, 2022
- 08:55
2022 DC Plan Summit coverage: What’s next for DC plans?
The 2022 Defined Contribution Plan Summit, which was hosted in Victoria, B.C. on May 11-13, featured several case studies from innovative DC plan sponsors, as…
- By: Jennifer Paterson
- August 12, 2022 August 11, 2022
- 08:54
2022 DC Plan Summit: A look at the future of work, retirement as society enters a reset moment
Over the last three centuries, society has been living in a repetitive cycle featuring large and substantial reset moments. To think of these as historical…
- By: Jennifer Paterson
- August 12, 2022 August 11, 2022
- 08:53
2022 DC Plan Summit: Highlighting pension members’ financial stressors, connection to overall well-being
In the wake of the coronavirus pandemic, five major stressors are impacting Canadians’ overall well-being, with four of these related to finances: the knowledge gap,…
- By: Jennifer Paterson
- August 12, 2022 August 11, 2022
- 08:52
2022 DC Plan Summit: How Scotiabank connects financial wellness to overall well-being
During a session at Benefits Canada‘s 2022 DC Plan Summit, Simon Cabral, Scotiabank’s director of global defined contribution plans, shared how the organization ties employees’…
- By: Jennifer Paterson
- August 12, 2022 August 11, 2022
- 08:51
2022 DC Plan Summit: Considering historical regimes in building a DC plan investment portfolio
Building a defined contribution pension plan’s investment portfolio should incorporate the benefits and drawbacks of various historical regimes to provide a strong foundation, said Ruthann…
- By: Jennifer Paterson
- August 12, 2022 August 11, 2022
- 08:50
2022 DC Plan Summit: Tracing the roots of dynamic pension pools across history, geographies
Dynamic pension pools can have a significant and positive impact on retirement outcomes if they’re supported by the appropriate legislative changes, said Barbara Sanders, associate…
- By: Jennifer Paterson
- August 12, 2022 August 11, 2022
- 08:49