Latest news in Benefits Canada News

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

An article on how Yellow Corp.’s bankruptcy will impact Canadian workers’ pensions was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • August 11, 2023 August 10, 2023
  • 09:00

Editorial: Deciphering the data

I’m sitting down to write this on the hottest day so far in 2023. Environment Canada has issued a multi-day heat warning in my region…

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Zoom asking some employees to return to office twice per week

Zoom Video Communications Inc. is asking employees to return to the office. The software company that has become synonymous with remote working is requesting that…

  • By: Staff
  • August 11, 2023 August 10, 2023
  • 09:00

ChatGPT a game-changer for benefits communication but risks remain with full automation: expert

While ChatGPT is helping benefits communications become more efficient, detailed and reliable, the risks may outweigh the rewards when it comes to full automation, says…

Head to head: Should employers be focusing more on employee output or working hours?

As the 9-to-5 workday becomes more flexible, a chief executive officer discusses why she puts more emphasis on employee output and a human resources professor…

How BMO’s navigation guides are supporting employee well-being

Navigating the care path for health-care issues can be overwhelming and confusing — so much so, it can act as a deterrent to people seeking…

2023 Consultants Report: How are consultants helping plan sponsors make the most of their benefits, retirement data?

In 2022, Xero sent out a global survey to all of its employees asking them to rank the most important components of its total rewards…

2023 CAP Member Survey: How CAPs are evolving to address changing financial priorities

With Canadians’ financial priorities shifting alongside a turbulent economic climate, including inflation levels not seen in decades and a never-ending rise in the cost of…

How climate change and inflation are impacting agricultural investments

Despite the prevalence of farming in its home province, the Alberta Investment Management Corp.’s agricultural portfolio is just 13 years old, the product of a…

Benefits for pet owners evolving through paid leave, wellness accounts

Though still a fairly new concept, pet benefits are becoming a more common consideration when employers are expanding their offerings and looking to stand out.…

Pulling Simon Fraser University’s endowment funds back from the brink

Jacky Shen suspects he was the oldest intern Simon Fraser University’s treasury department ever had. It was 2007, he was in his early 40s, had…

Q&A with Great Canadian Entertainment’s Mikkaela Fernandez

The gaming and entertainment company’s new manager of benefits, retirement and wellness discusses improving benefits communication, transferring total rewards skills and her favourite Peloton workouts.…

Canadian DB pension plans return 1.19% in second quarter of 2023: report

Canadian defined benefit pension plans generated a median return of 1.19 per cent in the second quarter of 2023, according to the BNY Mellon Canadian…

  • By: Staff
  • August 10, 2023 August 9, 2023
  • 11:30
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Report finds Canadian pension risk transfer market saw $7.8BN in transferred liabilities in 2022

Canada’s pension de-risking market saw a record-breaking year in 2022, with $7.8 billion in transferred liabilities and 155 transactions, according to a new report by…

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CAPSA’s draft CAP guideline alters industry standards, say ACPM, CLHIA, PIAC

The Association of Canadian Pension Management, the Canadian Life and Health Insurance Association and the Pension Investment Association of Canada say the Canadian Association of…

  • By: Staff
  • August 10, 2023 August 9, 2023
  • 09:00
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OMERS names Michael Hill as executive vice-president, global head of infrastructure

The Ontario Municipal Employees’ Retirement System is appointing Michael Hill as executive vice-president and global head of infrastructure, effective Sept. 5. Hill, who has more…

  • By: Staff
  • August 9, 2023 August 9, 2023
  • 15:00

Organon encouraging employees to volunteer with paid time off

Organon Canada is encouraging its employees to volunteer by allowing them paid time off and partnering with organizations that reflect their values. The health-care company…

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CAP member outcomes continue to rise in Q2 2023: report

Capital accumulation plan member outcomes continued their march upward in the second quarter of 2023, driven by increasing annuity rates and positive equity market returns,…

  • By: Staff
  • August 8, 2023 August 8, 2023
  • 15:00

Wildfires crystallizing threats of catastrophic climate change for pension plan administrators

British Columbia’s wildfires have crystallized the threats pension plan administrators across that province face from catastrophic climate change events, says Damara Kiceniuk, senior risk analyst…

FSRA appoints Andrew Fung as acting EVP of pensions

The Financial Services Regulatory Authority of Ontario is appointing Andrew Fung as acting executive vice-president of pensions. Fung joined the provincial regulator in 2018 as…

  • By: Staff
  • August 8, 2023 March 20, 2024
  • 09:00

Survey finds Canadian employees who volunteer have better mental health

Nearly two-thirds (61 per cent) of Canadian employees say they volunteered their time or finances in the last two years, reporting an above-average mental-health score…

  • By: Staff
  • August 4, 2023 August 4, 2023
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on whether Canada should implement flexible working legislation was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news…

  • By: Staff
  • August 4, 2023 August 3, 2023
  • 09:00

Yellow bankruptcy will have little impact on Canadian workers’ pensions: union

The union representing roughly 350 Canadian employees at Tennessee-based Yellow Corp. says the trucking company’s abrupt closure will have little to no impact on Canadian…

Ontario Teachers’ selling stake in Irish national lottery operator, Caisse repurchasing shares in Couche-Tard

The Ontario Teachers’ Pension Plan is entering into a definitive agreement to sell its majority shareholding in Ireland’s national lottery operator. The pension fund is selling…

  • By: Staff
  • August 3, 2023 August 2, 2023
  • 10:00
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How ‘grandternity’ leave can support employee attraction, retention efforts

While innovative benefits such as so-called ‘grandternity’ leave can support employee retention efforts, they’re best implemented through a diversity, equity and inclusion approach that includes…