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OMERS buying U.S. bio-manufacturing facility, Ontario Teachers’ acquiring Australian produce seller

The real estate arm of the Ontario Municipal Employees’ Retirement System is acquiring a pharmaceutical manufacturing facility in Raleigh, NC. The Oxford Properties Group is…

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Manitoba, NL to sign onto agreement for multi-jurisdictional pension plans

Manitoba and Newfoundland and Labrador are signing the 2020 agreement respecting multi-jurisdictional pension plans, effective July 1, 2023. The agreement, which was introduced in June…

  • By: Staff
  • March 30, 2023 March 29, 2023
  • 09:00

American Express Canada incentivizing employees working onsite with meal stipend, snacks

American Express Canada is providing a daily meal stipend and refreshments to employees who are working onsite. With most employees in a hybrid or remote…

Report finds more Canadian pension funds committing to net-zero emissions by 2050

Over the last year, the number of large Canadian pension funds with commitments to achieving net-zero emissions by 2050 rose from two funds to nine,…

  • By: Staff
  • March 30, 2023 March 29, 2023
  • 09:00

73% of U.S. employee caregivers seeking more mental-health benefits: survey

Nearly three-quarters (73 per cent) of U.S. employees who are caregivers for dependants with mental-health challenges wish their employers would offer more mental-health benefits, according to…

  • By: Staff
  • March 29, 2023 March 29, 2023
  • 15:00
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Sounding Board: How employers can use benefits, DEI to draw gen Z workers to skilled trades

Even before the coronavirus pandemic, employers were predicting challenges around meeting the demands of unfilled roles in the skilled trades. For the last decade, the…

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Enhanced national dental plan to require reporting of employer-provided coverage: budget

In its 2023 budget on Tuesday, the federal government proposed roughly $13 billion over the next five years and $4.4 billion ongoing to fully implement…

  • By: Staff
  • March 29, 2023 March 29, 2023
  • 09:00

46% of Canadian employees feel very happy at work: survey

Nearly half (46 per cent) of Canadian employees say they’re very happy with their current role and responsibilities at work, according to a new survey…

  • By: Staff
  • March 29, 2023 March 29, 2023
  • 09:00
Caisse investing in Taiwan wind farm, CPPIB in Indonesian logistics venture

CPPIB-backed green energy service provider launching in Brazil

The Canada Pension Plan Investment Board is entering a joint venture focused on providing services to support Brazil’s transition away from fossil fuel reliance. Alongside…

  • By: Staff
  • March 28, 2023 March 28, 2023
  • 12:30
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Pension super-priority bill likely to pass Senate vote this week

A bill that provides super-priority to defined benefit pension plan members during plan windups or employer bankruptcies is expected to be passed by the Senate…

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CAAT raising DBplus pension factor for calculating benefit payments in 2025

The Colleges of Applied Arts and Technology pension plan is increasing the pension factor used in its calculation of defined benefit payments from its DBplus…

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Four-day workweek promotes gender equity at home, workplace: expert

A four-day workweek promotes gender equity in the workplace and enables male employees to help their partners with household duties, says Grace Tallon, director of…

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Federal appeals court blocks Biden’s coronavirus vaccine mandate for U.S. government workers

President Joe Biden’s order that federal employees in the U.S. get vaccinated against the coronavirus has been blocked by a federal appeals court. The 5th U.S.…

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RBC employees returning to office 3-4 days a week

The Royal Bank of Canada is asking its employees to return to the office three or four days per week, effective May 1. In an…

  • By: Staff
  • March 27, 2023 March 27, 2023
  • 15:00

Gesco, Unifor agreement includes retirement, paid leave gains

The union representing employees at Ontario-based flooring company Gesco Ltd. Partnership has ratified a three-year collective agreement that includes retirement and paid leave gains. The…

  • By: Staff
  • March 27, 2023 March 24, 2023
  • 09:00
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PSP Investments focusing on climate change in updated proxy voting guidelines

The Public Sector Pension Investment Board is updating its proxy voting guidelines to communicate its views on sound corporate governance practices and climate change. According…

  • By: Staff
  • March 27, 2023 March 24, 2023
  • 09:00
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Pay transparency legislation spreading across U.S.

U.S. employers are increasingly posting salary ranges for job openings, even in states where it’s not required by law, according to analysts with several major…

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

An article on how British Columbia’s incoming pay transparency legislation could impact employers was the most-read story on BenefitsCanada.com over the last week. Here are…

  • By: Staff
  • March 24, 2023 March 23, 2023
  • 09:00
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HR leaders prioritizing employee mental health but lack access to resources

While nearly two-thirds (61 per cent) of Canadian human resources leaders say employee mental health is an important challenge to manage this year, 48 per…

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Ontario budget confirms end of paid sick leave

In Ontario’s 2023 budget, which was announced on Thursday, the provincial government confirmed its temporary paid sick day program will expire on March 31, 2023.…

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Just 61% of U.S. workers satisfied with their employer-sponsored benefits: survey

Although a majority (83 per cent) of U.S. employers say their employees are satisfied with their current benefits offerings, fewer than two-thirds (61 per cent)…

  • By: Staff
  • March 24, 2023 March 23, 2023
  • 09:00
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Biden vetos resolution to bar ESG investing in state pensions

A resolution to reverse a rule allowing U.S. pension investors to consider environmental, social and governance criteria has been blocked by President Joe Biden. “It…

  • By: Staff
  • March 23, 2023 March 22, 2023
  • 12:30

PIAC praising CAPSA’s strategic plan for addressing regulatory inconsistency

The Pension Investment Association of Canada is praising the Canadian Association of Pension Supervisory Authorities for addressing the regulatory inconsistencies facing Canada’s defined contribution pension…

  • By: Staff
  • March 23, 2023 March 23, 2023
  • 12:30
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Employers can’t rely on original termination clauses when employee responsibilities increase: court

The Ontario Court of Appeal has ruled that employers can’t rely on termination clauses when employees’ duties have escalated significantly after they signed their original…

Median 401(k) balance 65% lower for women compared to men: survey

The median 401(k) account balance for women is 65 per cent lower compared to men, according to a new survey by T. Rowe Price. The survey,…

  • By: Staff
  • March 23, 2023 March 22, 2023
  • 09:00