Latest news in Benefits Canada News

2023 Top 100 Pension Funds Report: How to improve retirement outcomes across diverse plan member groups

At the beginning of April, the OPSEU Pension Trust made a change to a definition in its plan text that will have meaningful implications for…

A look at Accenture’s pioneering gender affirmation coverage, DEI evolution

After leading the way in supporting transgender employees, Accenture is continuing to expand its diversity, equity and inclusion offerings to meet workers’ evolving needs. In…

Are institutional investors meeting diversity targets set for investee companies?

Considering women account for just over half of the population, Andrew MacDougall understands why — taken in isolation — the state of female representation at…

How to build an employee resource group

Employee resource groups have been a part of many organizations for several years, are usually created and operated by employees and evolve and grow over…

Back to basics on menopause support

It has been called “the change.” Menopause. That time, occurring roughly between the ages of 45 and 55, when a female’s reproductive life ends and…

Leveraging the long-term perspective at Rexel North America

The current economic maelstrom, with its high inflation and interest rates, has left many institutional investors operating in uncharted territory — though not Rashid Maqsood,…

Q&A with LCBO’s Lilian Riad-Allen

The crown corporation’s senior director of workplace health, safety and wellness discusses leaning into prevention, mental-health leadership training and reconnecting with nature. Q: What new…

Caisse backing Australian agricultural platform, Ontario Teachers’ reinvesting in data centre provider

The Caisse de dépôt et placement du Québec is entering a strategic agricultural partnership with an Australian government bank. The investment organization and the Clean…

  • By: Staff
  • June 22, 2023 June 21, 2023
  • 12:30

LAPP appointing Troy Mann as president, CEO

The Local Authorities Pension Plan Corp. is appointing Troy Mann as president and chief executive officer. He joins the Edmonton-based organization from the Alberta Pensions…

  • By: Staff
  • June 22, 2023 June 21, 2023
  • 12:30
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Increased protection limits for annuities encouraging DB pension plan sponsors to de-risk: expert

An increase in the protection limit for defined benefit pension plan members’ assets invested in annuities is making it easier for plan sponsors to de-risk, says Mary Kate…

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45% of U.S. employees have higher expectations of employer’s mental-health resources in 2023: survey

Nearly half (45 per cent) of U.S. employees have higher expectations for their employer’s level of workplace mental-health support in 2023 compared to last year,…

  • By: Staff
  • June 22, 2023 June 21, 2023
  • 09:00

Survey finds gender pay gap narrowing in Canada

The gender pay gap is narrowing in Canada, with women earning roughly 21 per cent less than men in 2022, compared to 24 per cent…

  • By: Staff
  • June 21, 2023 June 21, 2023
  • 15:00
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Telus’ 2022 Workplace Benefits Awards win reinforcing approach to employee wellness

Telus Communications Inc.’s 2022 Workplace Benefits Awards win is encouraging the company to stay the course when enhancing employee well-being benefits. “We’re not doing it…

U of T supporting employee well-being with enhanced gender affirmation coverage

The University of Toronto is supporting employee well-being with enhanced gender affirmation coverage. Heather Boon, acting vice-president of people strategy, equity and culture at U…

Oxford Properties acquiring Banff hotel; OMERS, CPPIB funding Indian infrastructure acquisitions

The Ontario Municipal Employees’ Retirement System’s real estate arm is jointly acquiring a hotel in Banff National Park, Alta., alongside Accor, a French hospitality business.…

  • By: Staff
  • June 20, 2023 June 20, 2023
  • 12:30
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90% of employers say employees with flexible work arrangements are productive

A majority (90 per cent) of employers say employees with flexible work arrangements are productive, with more than a third (37 per cent) saying their…

  • By: Staff
  • June 20, 2023 June 19, 2023
  • 09:00

PwC Canada promoting inclusive work environment with three new employee resource groups

PricewaterhouseCoopers Canada is continuing to foster an inclusive work environment and sense of belonging with the addition of three new employee resource groups. The new…

Younger 401(k) participants struggling with emergency savings, student debt: survey

Generation Z (28 per cent), millennial (25 per cent) and generation X (21 per cent) 401(k) members rank a lack of emergency savings as one…

  • By: Staff
  • June 19, 2023 June 15, 2023
  • 15:00
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How employers can support LGBTQ2S+ employees’ mental well-being amid challenging times

For LGBTQ2S+ employees and allies, the current news stream is particularly bleak. In recent months, at least 20 U.S. states have enacted laws restricting or…

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Younger U.S. workers seeking paid time off, flexible work in job search: survey

Two-thirds (65 per cent) of younger U.S. workers say paid time off is the No. 1 employer benefit that influences their job search, followed by…

  • By: Staff
  • June 16, 2023 June 16, 2023
  • 15:00

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

An article on Saskatchewan’s Public Employees Benefits Agency transition to a not-for-profit corporation was the most-read story on BenefitsCanada.com over the last week. Here are…

  • By: Staff
  • June 16, 2023 June 15, 2023
  • 09:00

Survey finds 44% of Canadian pre-retirees have less than $5,000 in savings

Three-quarters (75 per cent) of Canadian adults aged 55 to 64 have $100,000 or less in savings and 44 per cent have less than $5,000,…

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U.S. employers increasing family, caregiver benefits: survey

U.S. employers are increasing their family and caregiving benefits in 2023, according to a new survey by the Society for Human Resource Management. The survey,…

  • By: Staff
  • June 16, 2023 June 15, 2023
  • 09:00

Deadline extended for the 2023 Workplace Benefits Awards

Benefits Canada is extending the deadline for entering the 2023 Workplace Benefits Awards to Friday, July 7 at 5 p.m. EST. The original industry awards program has been…

  • By: Staff
  • June 16, 2023 June 15, 2023
  • 09:00
Caisse invests in sustainability, OMERS and Ontario Teachers’ sell stake in utility

CPPIB, BCI backing agricultural acquisition; PSP allocating to thematic fund

The British Columbia Investment Management Corp. and the Canada Pension Plan Investment Board are backing an acquisition in the agricultural industry. Bunge Ltd., an oilseed…

  • By: Staff
  • June 15, 2023 June 19, 2023
  • 12:30