Latest news in Benefits Canada News

Canadian workers value flexibility, autonomy in remote working: report

Canadian employees across all generations value the flexibility and autonomy that remote working provides in their careers, according to a report by Robert Half Canada…

  • By: Staff
  • July 21, 2023 July 20, 2023
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on how global pension funds compare in terms of transparency was the most-read story on BenefitsCanada.com over the last week. Here are the five…

  • By: Staff
  • July 21, 2023 July 21, 2023
  • 09:00

OMERS backing internet provider, BCI increasing stake in U.K. energy grid

The infrastructure arm of the Ontario Municipal Employees’ Retirement System is investing in a fibre-optic communication network provider. OMERS Infrastructure has agreed to make a…

  • By: Staff
  • July 20, 2023 July 20, 2023
  • 12:30

Average DB pension plan’s funded position up in June: report

The funded position of a typical defined benefit pension plan increased on both a solvency and accounting basis during the month of June, according to…

  • By: Staff
  • July 20, 2023 July 18, 2023
  • 12:00

How plan sponsors, insurers are considering coverage of weight-loss drugs amid rising use of Ozempic

Canadian plan sponsors and insurers are revisiting how they classify obesity drugs under their benefits plans, amid plan members’ rising demand for Ozempic as a…

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U.S. gen X workers falling short of retirement savings targets: report

While more than half (55 per cent) of U.S. generation X employees participate in an employer-sponsored retirement savings plan, nearly two-thirds of men (62 per…

  • By: Staff
  • July 20, 2023 July 19, 2023
  • 09:00
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Five Canadian pension funds receive top scores for transparency: benchmark

Five Canadian pension funds are among the most transparent in the world, according to the global pension transparency benchmark, a collaboration between Top1000funds.com and CEM…

  • By: Staff
  • July 19, 2023 July 19, 2023
  • 15:00

Expert panel: How hybrid, remote working can impact employee health, disability management

The majority (88 per cent) of Canadians employees say the coronavirus pandemic changed how they work in one or more ways, a percentage that increases…

Survey finds 84% of employers say competition for talent impacting benefits strategy

Canadian employers say competition for talent (84 per cent) is the No. 1 issue influencing their benefits strategies, according to a new survey by WTW.…

  • By: Staff
  • July 19, 2023 July 19, 2023
  • 09:00
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New Brunswick’s Vestcor CEO John Sinclair to retire

Vestcor Inc.’s chief executive officer John Sinclair will retire after 20 years with the organization. He’ll stay on as CEO of the provincial investment management, pension…

  • By: Staff
  • July 18, 2023 July 18, 2023
  • 11:00

Caisse investing in Quebec modular building company, Ivanhoé Cambridge issues first sustainability bond

The Caisse de dépôt et placement du Québec is investing in a Quebec-based company that develops, sells and rents pre-fabricated modular buildings for the educational…

  • By: Staff
  • July 18, 2023 July 18, 2023
  • 11:00

Canadian institutional investors optimistic about emerging markets fixed income: survey

Canadian institutional investors are optimistic about the prospects of emerging markets bonds, with more than half (52 per cent) saying they’re likely to increase their…

  • By: Staff
  • July 18, 2023 December 20, 2023
  • 11:00

What does the Thames Water debacle mean for investment risk management?

As Thames Water Utilities Ltd. came under fire this month for its financial mismanagement and poor environmental record, the debacle highlights institutional investors’ responsibilities around…

  • July 18, 2023 July 17, 2023
  • 09:00

22% of U.S. employees say they’ve experienced harm to mental health at work: survey

Nearly a quarter (22 per cent) of U.S. employees say they’ve experienced harm to their mental health or experienced harassment at work in the past…

  • By: Staff
  • July 17, 2023 July 17, 2023
  • 15:00

U.K. legislation aims to increase DC pension savings

The U.K. government is introducing legislation that aims to increase defined contribution pension plan savings by more than £1,000 a year in retirement for the…

  • By: Staff
  • July 17, 2023 July 14, 2023
  • 09:00

Navacord, Belay Advisory partnering to expand national presence

Navacord Corp. is partnering with Belay Advisory, an Edmonton- and Calgary-based benefits consulting and wealth advisory firm. “We were drawn to Navacord because of their…

  • By: Staff
  • July 14, 2023 July 14, 2023
  • 13:36
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Top 5 HR, benefits, pension and investment stories of the week

An article on the Canada Post Corp. pension plan’s 2022 results was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • July 14, 2023 July 13, 2023
  • 09:00

Canadian Aviation Electronics, Unifor agreement includes retirement, benefits gains

The union representing employees at Montreal-based Canadian Aviation Electronics Ltd. has ratified a five-year agreement that includes retirement and benefits gains. The new agreement includes…

  • By: Staff
  • July 14, 2023 July 13, 2023
  • 09:00
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How U.S. compensation clawback legislation could impact Canadian employers

New U.S. Securities and Exchange Commission listing requirements that impact compensation clawbacks could create conflicts with domestic employment laws for Canadian companies listed on U.S.…

Caisse investing in wind and solar projects, AIMCo in German real estate

CPPIB partnering with Dutch hydrogen project developer

The Canada Pension Plan Investment Board and hydrogen project developer Power2X are forming a long-term investment partnership aimed at advancing Power2X’s role in the global…

  • By: Staff
  • July 13, 2023 July 13, 2023
  • 11:00

Survey finds Canadian employers investing in innovative wellness benefits to drive attraction, retention efforts

Canadian employers are investing in innovative financial, physical and mental-health benefits to drive their attraction and retention efforts, according to a new survey by Mercer.…

  • By: Staff
  • July 13, 2023 October 23, 2024
  • 09:00

Is the single-employer DB pension plan dead or merely modernizing for the future?

Predictions of the demise of defined benefit pension plans are premature. The reality is DB is still alive and well in the public sector, with…

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Report finds 40% of U.S. employees working remotely at least one day a week

Two-fifths (40 per cent) of U.S. employees say they’re working remotely at least one day a week, according to a new report by the Institute…

  • By: Staff
  • July 12, 2023 July 12, 2023
  • 15:00

Ross Video supporting employee mental health with virtual health-care platform

Ottawa-based Ross Video Ltd. is supporting employee mental health through a virtual health-care platform. The platform, provided by Telus Health, allows employees and their dependants…

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Employees with disabilities experienced 21.4% pay gap in 2019: Stats Can

In 2019, Canadians with disabilities earned an average annual income of $43,400, substantially lower than people without disabilities ($55,200), a pay gap of 21.4 per cent,…

  • By: Staff
  • July 11, 2023 July 11, 2023
  • 15:00