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

An article on how national dental-care and pharmacare programs will impact unionized employees was the most-read story on BenefitsCanada.com this past week. Here are the top…

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Canadian insurers paid out record $128BN in health, retirement benefits in 2023: CLHIA

Canada’s life and health insurers paid out a record $128 billion in health and retirement benefits last year, up from $114 billion in 2022, according…

  • By: Staff
  • October 3, 2024 October 1, 2024
  • 15:00

IMCO increasing investments in clean energy transition assets: report

The Investment Management Corp. of Ontario has increased its stake in climate solution investments to 11.5 per cent of its portfolio, equivalent to $2.1 billion,…

  • By: Staff
  • October 3, 2024 October 2, 2024
  • 11:00
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Sounding Board: What employers need to know about CAPSA’s 2024 CAP guideline

After a two-year consultation period, the Canadian Association of Pension Supervisory Authorities released its 2024 guideline for capital accumulation plans in September. With a focus…

Gen Z employees focusing on well-being, flexibility: survey

Eight in 10 generation Z employees say employers have a responsibility to support the psychological (83 per cent) and physical (81 per cent) well-being of…

  • By: Staff
  • October 3, 2024 October 2, 2024
  • 09:00
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Quebec class action raising questions over DB pension liability following plan sponsor reorganization

A recent Quebec Superior Court decision has unleashed uncertainty over the liabilities of companies and their directors when a pension deficit appears in the context…

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Canadian institutional investors allocating 3% to domestic equities: report

Canadian institutional investors are allocating only three per cent of their funds to domestic equities, according to a new study from London-based think thank New…

  • By: Staff
  • October 2, 2024 October 2, 2024
  • 15:00

How national dental-care, pharmacare programs will impact unionized employees

The Canada Dental Care Plan will help make dental services more accessible for unionized employees who don’t currently have a dental program within their contract,…

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Remote working opportunities shaped by employees’ location, commuting times: report

While Canadian employees are settling into new remote working patterns, regional disparities reveal different experiences across the country, according to a new report by the…

  • By: Staff
  • October 1, 2024 October 1, 2024
  • 15:00

ICPM celebrating 20 years of promoting strong pension governance practices

The International Centre for Pension Management is celebrating 20 years of promoting strong pension governance practices by regularly engaging plan sponsor members, says Sebastien Betermier, the organization’s…

93% of Canadian employees say honest work environment essential to employer’s success: survey

The vast majority (93 per cent) of Canadians agree a work environment that allows employees to be honest is essential to their company’s success, with…

Survey finds 47% of working mothers say transition, communication plan could improve maternity leave

Half (47 per cent) of Canadian working mothers say an overall transition and communication plan would have improved their transition to maternity leave and return…

  • By: Staff
  • October 1, 2024 September 30, 2024
  • 09:00

Truth and Reconciliation: Redbrick educating employees on issues impacting Indigenous Canadians

Victoria-based technology company Redbrick is marking the National Day for Truth and Reconciliation by educating employees on issues impacting Indigenous Canadians. Earlier in September, the…

  • By: Sadie Janes
  • September 30, 2024 September 27, 2024
  • 09:00

Survey finds 56% of Canadian workers reporting reduced productivity due to financial concerns

More than half (56 per cent) of Canadian employees say they’re less productive at work due to financial concerns, according to a new survey by…

  • By: Staff
  • September 27, 2024 September 27, 2024
  • 15:00

Caisse buying 25% stake in U.K. electricity firm, investing in forestland portfolio

The Caisse de dépôt et placement du Québec is acquiring a 25 per cent stake in U.K.-based First Hydro Co. alongside Brookfield Asset Management and…

  • By: Staff
  • September 27, 2024 September 26, 2024
  • 15:00

Canadians with employer-sponsored health benefits 20% more likely to seek care when needed: survey

Canadians with an employer-provided benefits plan are 20 per cent more likely to seek care when needed and 25 per cent more likely to report…

  • By: Staff
  • September 27, 2024 September 30, 2024
  • 09:00

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

An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members was the most-read story…

  • By: Staff
  • September 27, 2024 September 26, 2024
  • 09:00

HOOPP’s Jeff Wendling retiring in 2025

Jeff Wendling, president and chief executive officer at the Healthcare of Ontario Pension Plan, will be retiring in 2025 after more than 25 years with…

  • By: Staff
  • September 26, 2024 September 26, 2024
  • 11:00
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How are Canadian DB pension plan sponsors making use of surplus funds amid positive funded status environment?

With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…

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Feds seeking feedback on solvency reserve accounts for federally regulated DB pension plans

The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…

  • By: Staff
  • September 26, 2024 September 30, 2024
  • 11:00

Benefits use, plan sustainability top of mind for major Canadian employers: 2024 BCHS report launch

The 2024 Benefits Canada Healthcare Survey highlighted the perfect storm plan sponsors are facing: trying to strike the right balance between competitive benefits and plan…

CalPERS CEO pay reaching US$1.2M due to investment performance boost: report

Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…

  • By: Staff
  • September 25, 2024 September 23, 2024
  • 15:00
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58% of Canadian employers communicating pay information regardless of regulations: survey

The majority of U.S. (86 per cent) and Canadian (58 per cent) employers say they communicate pay rates or ranges across the entire country or…

  • By: Staff
  • September 25, 2024 September 24, 2024
  • 15:00

Work still to be done to address mental-health risks in the workplace: 2024 BCHS report launch

Benefits plan sponsors’ efforts to reduce stigma around mental-health challenges and encourage employees to bring their whole selves to work are bearing fruit, said benefits…

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Survey finds 33% of North American workers report declining financial situation

A third (33 per cent) of North American workers say they’re financially worse off than a year ago and have financial issues that are negatively…

  • By: Staff
  • September 24, 2024 September 20, 2024
  • 15:00