Home News Benefits Canada News

Latest news in Benefits Canada News

Copyright_alphaspirit_123RF

Newfoundland and Labrador residents can now unlock pension benefits

Newfoundland and Labrador residents can now unlock benefits held in locked-in retirement savings arrangements for reasons of financial hardship or non-residency in Canada. The changes…

Medavie Blue Cross, Medical Confidence launching health-care navigation system for employees on disability

Medavie Blue Cross and Medical Confidence, recently acquired by CloudMD, are providing select plan members on disability with access to a personalized health-care navigation service that…

  • By: Staff
  • March 3, 2021 March 3, 2021
  • 09:00
Copyright_ jewhyte_123RF

CLHIA opening government-affairs office for Western Canada

The Canadian Life and Health Insurance Association is opening a government-affairs office serving Western Canada. The Calgary-based office will support the CLHIA’s members operating in the…

  • By: Staff
  • March 2, 2021 March 2, 2021
  • 09:00

IMCO launching second structured pool of assets

The Investment Management Corp. of Ontario is launching its second structured pool of assets, the IMCO Global Public Equity pool, valued at $17.3 billion. Read: IMCO…

  • By: Staff
  • March 2, 2021 March 2, 2021
  • 09:00

Canada Life partnering with Shoppers Drug Mart-led health-coaching program

Canada Life Assurance Co. is introducing a new health-coaching program, led by Shoppers Drug Mart Inc.’s Health Solutions team, to help Canadians prevent and manage…

  • By: Staff
  • March 1, 2021 March 2, 2021
  • 09:00

Canadian employees taking less time off amid pandemic uncertainty: report

Midway through the first year of the coronavirus pandemic, Humi, a human resources, benefits and payroll solutions company, noticed an interesting trend in data from…

CPPIB appointing John Graham as CEO following resignation of Mark Machin

The Canada Pension Plan Investment Board is appointing John Graham (pictured) as its new chief executive officer, following the resignation of Mark Machin. Graham was…

Copyright_Vitaliy Vodolazskyy _123RF

HOOPP focusing on DEI, stopping anti-Black racism

The Healthcare of Ontario Pension Plan is making diversity, equity and inclusion initiatives a top priority, including a commitment to combat anti-Black systemic racism. Elena…

  • By: Blake Wolfe
  • February 26, 2021 February 26, 2021
  • 09:00
Copyright_Li Hong_123RF

Canadian employer pension plans’ asset value rebounds to $2.12 trillion: report

The market value of assets held by Canadian employer pension plans increased to $2.12 trillion in the third quarter of 2020, according to a new report…

  • By: Staff
  • February 25, 2021 February 25, 2021
  • 10:00

Majority of Canadians support extending EI sickness benefit to at least 26 weeks: survey

A new survey by Ipsos for the Canadian Cancer Society showed 88 per cent of Canadians support extending the employment insurance sickness benefit to at…

  • By: Staff
  • February 25, 2021 February 26, 2021
  • 09:00

SEB, EQ Care partnering on virtual employee assistance program

SEB Administrative Services Inc. and EQ Care are launching LifeJourney a virtual employee assistance program offering. The subsidiary of Smart Employee Benefits Inc. and the…

  • By: Staff
  • February 25, 2021 February 24, 2021
  • 09:00
Copyright_Wittaya Doktanyong_123RF

BCI setting climate-related investment targets for 2025

The British Columbia Investment Management Corp. is committing to five-year climate-related targets for its public markets program. The pension fund is targeting a cumulative $5-billion…

  • By: Staff
  • February 24, 2021 February 25, 2021
  • 15:00

Unilever Canada making Maple’s virtual-care program for employees permanent

Following a pilot program, Unilever Canada Inc. is making its partnership with Maple to provide ongoing, on-demand virtual care to the employees of the consumer-goods…

  • By: Staff
  • February 24, 2021 February 26, 2021
  • 09:00
Copyright_alexmia_123RF

76% of companies lacking DEI goals: survey

More than three-quarters (76 per cent) of companies have no diversity or inclusion goals of any nature, according to a new survey by human-resources analyst…

  • By: Staff
  • February 24, 2021 February 24, 2021
  • 09:00
Copyright_jovannig_123RF

Canada’s pension system gets top grades in new benchmark

Canada’s pension system was ranked first overall among 15 countries in the Global Pension Transparency Benchmark. It ranked Canadian funds first in governance, citing the…

  • By: Staff
  • February 23, 2021 February 24, 2021
  • 15:00

Uber drivers classified as workers, given benefits in landmark U.K. ruling

Uber drivers in Britain should be classed as “workers” and not self-employed, the U.K. Supreme Court ruled Feb. 19, in a decision that threatens the company’s…

97928423-123RF

Caisse selling back $400M in shares to tech consultancy

CGI Inc. is buying back and cancelling 4.2 million of its class-A subordinate voting shares from the Caisse de depot et placement du Québec for…

Feds extending weeks of income support for sick leave, unemployed workers and caregivers

The federal government is adding extra weeks of income support for employees who are feeling ill or have to isolate, unemployed workers and parents at home with…

Canada’s institutional investors focusing on social factors in 2021

While all environmental, social and governance factors are increasingly important to Canada’s institutional investors, it’s the social aspect that’s been a key driver of investment…

  • By: Blake Wolfe
  • February 22, 2021 February 22, 2021
  • 09:00

WestJet hiring its first chief medical officer

WestJet Airlines Ltd. is hiring Dr. Tammy McKnight as its first chief medical officer. According to a press release, McKnight will develop and implement initiatives related…

Bitcoin ETFs begin trading in North America

North America’s first Bitcoin exchange-traded funds began trading on the Toronto Stock Exchange recently. The Purpose Bitcoin ETF, developed by Toronto-based Purpose Investments, was approved…

TD Bank expanding DEI goals via e-training, shared experiences

TD Bank is broadening its diversity, equity and inclusion goals and connecting employees through anti-racism e-learnings, promoting intersectionality and a storytelling approach. During the month…

Copyright_123RF

Caisse reinvesting in emerging asset managers program

The Caisse de dépôt et placement du Québec is reinvesting $25 million in the Quebec Emerging Managers Program. The investment is part of a $110-million…

  • By: Staff
  • February 19, 2021 February 19, 2021
  • 09:00
Copyright_Michal Balada_123RF

University pension plans engaging investees on climate change risks

A coalition of Canadian university endowments and pension plans are launching a new initiative to engage investee corporations on climate change risks. The initiative will…

  • By: Staff
  • February 19, 2021 February 19, 2021
  • 09:00