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BNP Paribas’ 2023 Workplace Benefits Awards win fostering expansion of DEI initiatives

BNP Paribas in Canada’s 2023 Workplace Benefits Awards win is reinforcing the company’s goal of expanding its diversity, equity and inclusion initiatives, says Flavie Motte, the…

Unions representing federal public service workers file legal challenges against hybrid work mandate

Unions representing more than 270,000 federal public service workers have filed a series of legal challenges to the federal government’s new mandate requiring its workers…

  • By: Staff
  • May 27, 2024 May 24, 2024
  • 09:00

Nordic countries offer best parental work-life balance, Canada needs improvement: study

Norway, Sweden and Denmark offer the best parental work-life balance, according to a new study by Remote Technology Inc. The global study assessed the quality of…

  • By: Staff
  • May 24, 2024 May 23, 2024
  • 09:00
Canada’s DB pension plans post 5% return in Q4, close 2020 with 10% gain

Average Canadian DB pension plan’s funded position on solvency, accounting basis up in April: report

The funded position of a typical Canadian defined benefit pension plan rose on both a solvency and accounting basis in April, according to Telus Health’s…

  • By: Staff
  • May 23, 2024 May 22, 2024
  • 09:00
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More work to be done on feds’ plan to encourage domestic pension investments: lawyers

The federal government’s promise to encourage Canadian institutional investors to invest more domestically is taking shape with two key initiatives found in the 2024 budget.…

Mastercard Foundation launches new asset management company

The Mastercard Foundation is launching an asset management company to build and manage a diversified portfolio to help fund its philanthropic mission. The Mastercard Foundation…

  • By: Staff
  • May 23, 2024 May 22, 2024
  • 09:00

61% of Canadian workers say return-to-workplace mandates impose financial burden: survey

Nearly two-thirds (61 per cent) of Canadian employees say return-to-worksite mandates impose a financial burden, a percentage that increases to 70 per cent among hybrid…

  • By: Staff
  • May 22, 2024 May 22, 2024
  • 15:00
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79% of Canadians would use mental-health services more if cost wasn’t a factor: survey

Nearly two-thirds (62.3 per cent) of Canadian employees rarely or never access mental-health services and more than three-quarters (78.6 per cent) say they’d access these…

  • By: Staff
  • May 22, 2024 May 21, 2024
  • 09:00

Montreal municipal employees’ pension plan promises to divest from fossil fuels, repatriate investments

The City of Montreal, which manages the joint fund of the city’s municipal employees’ retirement plan, says it intends to withdraw all investments from fossil…

  • By: Staff
  • May 21, 2024 May 17, 2024
  • 11:00
Canadian ESG-related investment assets surge to $3.2 trillion: report

Greenhushing possibly a temporary trend in institutional investment space: expert

Greenhushing — the withholding of sustainability milestones and other environmental investment goals by institutional investors and investee companies — is a trend that could already be…

Gen Z reports worsened communication skills due to remote working, learning: survey

A quarter (24 per cent) of Canadian generation Z workers say their verbal skills have worsened due to virtual learning or working during the coronavirus…

  • By: Staff
  • May 21, 2024 May 17, 2024
  • 09:00
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Caisse invests up to €300 million in European data centre operator, CPPIB sells Amitra Capital

The Caisse de dépôt et placement du Québec is among a group of investors providing up to €750 million in financing to Vantage Data Centers.…

  • By: Staff
  • May 17, 2024 May 17, 2024
  • 14:25

CGI Group promoting mental-health support through compassion tool, employee recognition

CGI Group Inc. is promoting Mental Health Awareness Month for employees through multiple initiatives, including an event to share experiences and a new ‘leading with…

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

An article on the value that deferred profit-sharing plans can offer to small- and medium-sized employers was the most-read article on Benefits Canada.com this week.…

  • By: Staff
  • May 17, 2024 May 16, 2024
  • 09:00

CAP member outcomes increasing in Q1 2024: report

Capital accumulation plan members saw a slight uptick in their plan outcome in the first quarter of 2024, as annuity rates rebounded to levels comparable…

  • By: Staff
  • May 16, 2024 May 16, 2024
  • 15:00

Funding limitations in private markets push co-investment deals: report

Amid a challenging private market fundraising landscape, the flow of co-investment deals increased dramatically in 2023, according to a report by alternative investment management and…

  • By: Staff
  • May 16, 2024 May 15, 2024
  • 11:00

Reliance on premium technology stocks limiting diversification for institutional investors: expert

Institutional investors are limiting portfolio diversification through overexposure to a selected group of U.S. technology stocks, says Alec Murray, senior vice-president and head of equity…

Association of Professors of the University of Ottawa, Ontario Confederation of University Faculty Associations joining UPP

The Association of Professors of the University of Ottawa and the Ontario Confederation of University Faculty Associations are joining the University Pension Plan, as of April…

  • By: Staff
  • May 16, 2024 May 16, 2024
  • 09:00
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Saskatchewan arbitrator sides with Canadian Blood Services in pension contributions case

A Saskatchewan arbitrator has ruled that Canadian Blood Services doesn’t owe an employee eight years of retroactive pension contributions because it took the proper steps…

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BCI sells $1 billion worth of private equity holdings to investment firm

The British Columbia Investment Management Corp. is selling more than US$1 billion worth of private equity funds to Ardian, a France-based independent private equity investment…

  • By: Staff
  • May 15, 2024 May 15, 2024
  • 15:00
Fidelity Canada touts preventative, life-sustaining benefits plans

77% of U.K. employees with cancer say their benefits didn’t meet their needs: survey

More than three-quarters (77 per cent) of U.K. employees say their employee benefits didn’t meet their needs during their cancer journey, according to a new survey…

  • By: Staff
  • May 15, 2024 May 14, 2024
  • 09:00

Flexible working, work-life balance can impact workers’ well-being, quality of life: report

Working time and work-life balance are key dimensions of an employer’s culture that can impact workers’ health, well-being and quality of life, according to a…

  • By: Staff
  • May 14, 2024 May 14, 2024
  • 15:00

CPPIB wants to grow credit investments to $115BN by 2029: report

The Canada Pension Plan Investment Board plans to nearly double the size of its credit holdings over the next five years, according to reporting by…

  • By: Staff
  • May 14, 2024 May 13, 2024
  • 09:00