Canadian DB pension plan assets decline 0.6% in May: report
The funded position of a typical Canadian defined benefit pension plan fell slightly on a solvency basis and rose on an accounting basis in May,…
- By: Staff
- June 15, 2023 June 15, 2023
- 12:30
Latest news in Benefits Canada News
ESG investing can help investors identify, address systemic risks in portfolios
Environmental, social and governance investing is a powerful tool that can reveal systemic issues impacting all parts of institutional investors’ portfolios, said Aaron Bennett, chief investment officer…
- By: Lauren Bailey
- June 15, 2023 June 16, 2023
- 09:00
Specialty drugs accounting for smaller portion of total eligible claims amount: report
Specialty drugs are accounting for a slightly smaller portion of the total eligible amount for all drug claims, declining from 33.6 per cent in 2021…
- By: Staff
- June 14, 2023 June 15, 2023
- 15:00
Post-election a good time for Alberta to seriously explore leaving CPP: expert
The Fraser Institute’s president says Alberta’s newly elected premier should ride the wave of the United Conservative Party’s election win and move forward with exploring…
- By: Lauren Bailey
- June 14, 2023 June 14, 2023
- 09:00
76% of U.S. employees would consider moving on if company rolled back flexible work: survey
Three-quarters (76 per cent) of U.S. employees say they’d actively search for — or be open to — a new job if their company rolled…
- By: Staff
- June 14, 2023 June 14, 2023
- 09:00
Salvatore Iacono to succeed John Sullivan as Cadillac Fairview president, CEO
Salvatore Iacono will succeed John Sullivan as president and chief executive officer of Cadillac Fairview, the real estate arm of the Ontario Teachers’ Pension Plan,…
- By: Staff
- June 13, 2023 June 13, 2023
- 12:30
Caisse underwriting bridge bonds, OMERS backing financial analytics platform
The Caisse de dépôt et placement du Québec is underwriting $75 million of bonds issued to finance a portion of the construction of a new…
- By: Staff
- June 13, 2023 June 13, 2023
- 12:30
University Pension Plan’s assets declined 9.1% in 2022, led by public equities
The University Pension Plan posted 9.1 per cent losses in 2022, according to its annual report. During the year, the jointly sponsored defined benefit pension…
- By: Staff
- June 13, 2023 June 13, 2023
- 09:00
How different types of pension plans impact employee recruitment, retention
When Alaska switched its public education employees from two defined benefit pension plans to a 401(k)-style defined contribution plan, more staff left their positions, according…
- By: Staff
- June 13, 2023 June 9, 2023
- 09:00
70% of global employers seeing ROI on employee well-being programs: survey
More than two-thirds (70 per cent) of global employers say they’re seeing a return on investment from their employee well-being programs, up significantly from 23…
- By: Staff
- June 12, 2023 June 12, 2023
- 15:00
How AIMCo, Ivanhoé Cambridge are adopting different ESG approaches
“Everyone on stage agrees on one thing — [environmental, social and governance] integration is just smart,” said moderator Francisca Quinn, co-founder and president of Quinn…
- By: Gideon Scanlon
- June 12, 2023 June 12, 2023
- 12:30
Google, Salesforce applying different tactics to coax workers back to office
Google is enforcing its hybrid working policy by tying required in-office days to employee performance reviews. In an internal email, the company said it would…
- By: Staff
- June 12, 2023 June 9, 2023
- 09:00
Survey finds 60% of employees say they’d leave current job for one with more inclusive benefits
Sixty per cent of Canadian employees say they’d consider leaving their jobs for a role that offers more inclusive benefits, according to a new survey…
- By: Staff
- June 12, 2023 June 9, 2023
- 09:00
Saskatchewan’s pension and benefits administrator transitioning to not-for-profit model
Saskatchewan’s Public Employees Benefits Agency is transitioning to a not-for-profit corporation. The PEBA began pursuing the transition in 2021 at the request of the trustees…
- By: Sadie Janes
- June 12, 2023 June 9, 2023
- 09:00
58% of U.S. workers cite outliving assets as greatest retirement fear: survey
More than half (58 per cent) of U.S. employees say outliving their assets is their greatest fear in retirement, according to a new survey by…
- By: Staff
- June 9, 2023 June 8, 2023
- 15:00
Top 5 HR, benefits, pension and investment stories of the week
An article on seven questions that employers should ask as the coronavirus pandemic moves into an endemic phase was the most-read story on BenefitsCanada.com over…
- By: Staff
- June 9, 2023 June 8, 2023
- 09:00
Alberta School Employee Benefit Plan’s 2022 Workplace Benefits Awards wins supporting engagement, recruitment
The Alberta School Employee Benefit Plan is reporting increased employee engagement following a pair of wins in Benefits Canada’s 2022 Workplace Benefits Awards. The ASEBP’s extensive mental-health…
- By: Blake Wolfe
- June 9, 2023 June 9, 2023
- 09:00
U of T, Unifor agreement includes retirement gains, gender affirmation coverage
The union representing 89 employees at the University of Toronto has ratified a two-year agreement that includes retirement and benefits gains, including gender affirmation coverage.…
- By: Sadie Janes
- June 9, 2023 June 8, 2023
- 09:00
Caisse backing Quebec software developer, CPPIB investing in Spanish waste management business
The Caisse de dépôt et placement du Québec is investing $125 million in a Quebec-based software developer best known for products supporting digital workplaces. The…
- By: Staff
- June 8, 2023 June 8, 2023
- 12:30
PSP Investments returns 4.4% led by infrastructure investments
The Public Sector Pension Investment Board is reporting a net return of 4.4 per cent for fiscal 2023. As of March 31, 2023, the investment…
- By: Staff
- June 8, 2023 June 8, 2023
- 12:30
Amendment to Manitoba pension legislation providing flexibility for beneficiary designation
An amendment to Manitoba’s Beneficiary Designation Act allows a pension plan member’s legal representative to now make a beneficiary designation on behalf of the member if…
- By: Staff
- June 8, 2023 August 7, 2024
- 09:00
Younger workers experiencing difficulties cultivating soft skills amid rise in remote working: expert
Although there are many benefits to remote working arrangements, such as a reduced commute and improved work-life balance, younger employees who work remotely aren’t practising…
- By: Lauren Bailey
- June 8, 2023 June 8, 2023
- 09:00
38% of U.S. workers cite benefits as No. 1 reason they stay with employer: survey
More than a third (38 per cent) of U.S. employees say benefits are the No. 1 reason they’ve stayed with their current employer, followed by pay…
- By: Staff
- June 8, 2023 June 7, 2023
- 09:00
Meta asking office-based employees to work onsite three times per week this fall
Facebook parent company Meta Platforms Inc. is asking office-based employees to come in three times a week beginning in September. The move is part of…
- By: Staff
- June 7, 2023 June 7, 2023
- 15:00
Just 39% of women earn $55K or more compared to 67% of men: survey
Two-thirds (67 per cent) of North American men say they earn $55,000 or more, compared to just 39 per cent of women, according to a…
- By: Staff
- June 7, 2023 June 6, 2023
- 09:00