Latest news in Benefits Canada News

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Research finds pensions struggle to determine metrics for ESG goals

There’s no one-size-fits-all approach for pension funds looking to use an environmental, social and governance lens in their investment approach, according to a new publication…

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CPPIB laying off staff in Hong Kong as it steps back from China deals: report

The Canada Pension Plan Investment Board has laid off at least five investment professionals at its Hong Kong office as it steps back from deals…

  • By: Staff
  • September 5, 2023 September 1, 2023
  • 09:00

Who are the finalists of the 2023 Workplace Benefits Awards?

Benefits Canada is pleased to announce the finalists of the 2023 Workplace Benefits Awards. This year’s awards program welcomed more than 115 entries across nine categories, all highlighting how…

  • By: Staff
  • September 5, 2023 September 18, 2023
  • 09:00

21% of Canadian workers considering leaving their job: survey

A fifth (21 per cent) of Canadian workers say they’re considering leaving their job, according to Telus Health’s latest mental-health index. The average mental-health score…

  • By: Staff
  • September 5, 2023 September 5, 2023
  • 09:00

Standard Chartered rolling out global parental leave benefits

Standard Chartered is rolling out enhanced global parental leave benefits, effective Sept. 1. The bank is standardizing the amount of parental leave it offers, providing parents…

  • By: Staff
  • September 1, 2023 August 30, 2023
  • 15:00

How employers can help prevent post-vacation burnout

Though summer is drawing to a close, employers can help employees prevent post-vacation burnout year-round by balancing their workloads and offering extensive mental-health supports, says Dr.…

  • By: Sadie Janes
  • September 1, 2023 August 31, 2023
  • 09:00

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

An article on the Ontario Court of Appeal upholding its decision in the Brewers Retail Inc. pension case was the most-read story on BenefitsCanada.com over the…

  • By: Staff
  • September 1, 2023 August 31, 2023
  • 09:00

AIMCo reporting 4.5% return in first half of 2023, lifted by global equities

The Alberta Investment Management Corp. is reporting a net return of 4.5 per cent for the six-month period ending June 30, 2023. At the halfway point…

  • By: Staff
  • August 31, 2023 September 5, 2023
  • 11:30
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Record levels of pension risk transfers in U.K., U.S. carrying into 2023: report

Record levels of transactions in the U.K. and U.S. pension risk transfer markets in 2022 are carrying into the first half of 2023, according to…

  • By: Staff
  • August 31, 2023 August 30, 2023
  • 10:00

U.S. employers’ health benefits costs projected to increase 8.5% in 2024: survey

U.S. employers are expecting health benefits costs to increase by an average of 8.5 per cent to more than $15,000 per employee in 2024, according to a…

  • By: Staff
  • August 31, 2023 August 30, 2023
  • 09:00

Union calling for better benefits, pension accrual for wildland firefighters

Improved benefits and pensions are needed for wildland firefighters amid the unprecedented amount of wildfires in Canada this year, says Bert Blundon, president of the National Union…

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Majority of U.S. 401(k) plan sponsors making changes by end of year: survey

The majority (95 per cent) of U.S. 401(k) plan sponsors say they intend to change their plan design by the end of the year, according…

  • By: Staff
  • August 30, 2023 August 30, 2023
  • 15:00

Percentage of Canadians working from home declining in 2023: survey

One in five (20 per cent) Canadians reported working from home in May 2023, declining slightly from 22 per cent in May 2022 and 24 per cent in…

  • By: Staff
  • August 30, 2023 August 30, 2023
  • 09:00

Caisse’s infrastructure arm making key appointments on management team

The Caisse de dépôt et placement du Québec’s infrastructure arm is making key appointments on its management team, effective Sept. 5. CDPQ Infra, which acts as…

  • By: Staff
  • August 29, 2023 August 28, 2023
  • 10:00
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Court of Appeal upholds decision in Brewers Retail pension case

The Ontario Court of Appeal is upholding a decision that stated the Financial Services Regulatory Authority of Ontario’s efforts to block a settlement over pension…

Employers embracing diversity, but more work to be done

Survey finds fewer Canadians working from home permanently in 2023

Fewer Canadians are working from home permanently in 2023, according to a new survey by Aviva Canada. Just 19 per cent of survey respondents said…

  • By: Staff
  • August 28, 2023 August 28, 2023
  • 15:00

PwC Canada improving parental leave with specialized coaching, leadership training

PricewaterhouseCoopers Canada is improving its parental leave policy with specialized coaching and leadership training for employees. As part of its Me + PwC program, the…

Are insurers updating their benefits policies to include the evolving role of NPs?

Last year, a benefits plan member in British Columbia was shocked when his insurance provider rejected an orthotics claim because the prescriber was a nurse…

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

An article on the most recent changes to the Canada Labour Code was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • August 25, 2023 August 25, 2023
  • 09:00
Using AI to gauge employee well-being, satisfaction

Canadian employees have mixed emotions about impact of AI on career, skills: survey

Canadian employees are feeling a mixture of emotions about the use of generative artificial intelligence, with 27 per cent saying it will have a positive…

  • By: Staff
  • August 24, 2023 August 24, 2023
  • 15:00

Cybersecurity concerns spark U.S. executive order blocking investments in Chinese tech

As U.S. President Joe Biden signs an executive order obstructing the departure of domestic capital from venture and private capital into China, it’s raising a…

Survey finds North American institutional investors lagging behind on adopting ESG investment strategies

Institutional investors in Asia and Europe are at the forefront of adopting environmental, social and governance investment strategies, while North America lags behind, according to…

  • By: Staff
  • August 24, 2023 August 23, 2023
  • 10:00

CPPIB backing Brazilian reforestation startup; CPPIB, IMCO and OMERS investing in Swedish car battery maker

The Canada Pension Plan Investment Board is investing US$30 million in reforestation efforts in Brazil’s Amazon region through a private venture partnership. The Amazon Reforestation…

  • By: Staff
  • August 24, 2023 August 23, 2023
  • 10:00

‘Bare minimum’ workdays helping employees relax, recharge after condensed workweek: expert

With hybrid working emerging as the frontrunner in the evolving workplace, ‘bare minimum’ workdays is one of many flexible working policies employers are testing to…