Latest news in Benefits Canada News

Community Savings reducing mental-health stigma through wellness supports, advocacy work

Community Savings Credit Union is reducing stigma around mental health in the workplace and the community through increased wellness support and advocacy work. The British…

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Just 34% of U.S. SMEs offering retirement benefits: survey

Just a third (34 per cent) of U.S. small- and medium-sized employers say they offer retirement benefits, according to a new survey by Fidelity Investments.…

  • By: Staff
  • May 17, 2023 May 16, 2023
  • 09:00

Survey finds 49% of employees experience sense of dread at least once a week

The vast majority (89 per cent) of global employees say they’ve experienced moderate to extreme stress over the past 12 months, while half (49 per…

  • By: Staff
  • May 16, 2023 May 16, 2023
  • 09:00
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Expert panel: How DB pension plan sponsors can use surplus

In 2022, the typical defined benefit pension plan achieved an investment return of roughly negative 12 per cent. However, due to dramatic increases in bond…

Caisse, CPPIB, Ontario Teachers’ invest in insurance company

UPP appointing Karen Rowe as chief financial officer

The University Pension Plan is appointing Karen Rowe as its chief financial officer. In the new role, she’ll oversee the teams responsible for the UPP’s…

  • By: Staff
  • May 15, 2023 May 15, 2023
  • 15:00
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Median solvency ratio of Ontario DB pensions rose to 115% in Q1 2023: report

The median solvency ratio of Ontario defined benefit pension plans rose during the first quarter of 2023, from 112 per cent at the beginning of the…

  • By: Staff
  • May 15, 2023 May 12, 2023
  • 09:00
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Just 43% of global employees say they can choose where they work: survey

While nearly three-quarters (71 per cent) of global employees say they want a hybrid or remote working arrangement, just 43 per cent say they’re able…

  • By: Staff
  • May 15, 2023 May 15, 2023
  • 09:00

Federally regulated workplaces to begin providing employees with menstrual products

Federally regulated workplaces are expected to begin offering free menstrual products to workers by the end of 2023. On Wednesday, Labour Minister Seamus O’Regan announced…

Editorial: Fulsome total rewards package imperative in challenging labour market

There’s never a drought of challenges for employers and 2023 is proving no different. Today, they’re facing inflation, labour shortages, competition for hiring, high turnover…

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

A pair of surveys on the state of Canadian workers’ mental health were among the most-read stories on BenefitsCanada.com over the last week. Here are…

  • By: Staff
  • May 12, 2023 May 11, 2023
  • 09:00

Tech company using swimming to improve employee health, well-being

Vancouver-based technology company FORM is using swimming to foster employee well-being and improve physical and mental health. The company hosts a team swim day on Tuesdays…

36% of working moms willing to take pay cut in exchange for remote work: survey

More than a third (36 per cent) of Canadian working mothers say they’d accept a salary reduction in exchange for a fully remote working arrangement,…

  • By: Staff
  • May 12, 2023 May 11, 2023
  • 09:00

Head to head: In a challenging labour market, are employees staying with their employers or moving on?

As Canadians deal with an uncertain labour market, a public relations professional, who sought out a new job, and a marketing professional, who stayed with…

How Fluor Canada’s financial literacy programs are meeting the needs of its diverse workforce

Financial education programs can be humdrum at times, bringing to mind the iconic sleepy classroom scene in the movie Ferris Bueller’s Day Off. With that…

EAPs increasing virtual delivery, taking proactive approach to meet employees’ shifting needs 

Once rooted in mental-health support, employee assistance programs have evolved exponentially in recent years to meet the changing needs of employees. During the coronavirus pandemic,…

2023 Top 40 Money Managers Report: Using tools, technology to improve asset allocation, risk management

Large and small, pension plan sponsors are adopting in-house tools, partnering with technology research institutes or relying on investment managers for technological support with asset…

Canada’s lasting influence on Arizona’s public sector pension investor

There’s something about the Arizona State Retirement System — a US$49.3-billion defined benefit-like hybrid pension plan for the state’s 600,000 current and former public sector…

Semi-retirement working options helping employers navigate the ‘Great Labour Shift’

Many employers are welcoming retirees back to their workforces to counter what some are calling the ‘Great Labour Shift.’ As the coronavirus pandemic shifts the…

Q&A with AIMCo’s Krista Pell

The Alberta Investment Management Corp.’s chief human resources officer discusses the evolving employee life cycle, autonomous working and competitive weightlifting. Q: What top challenges do…

Coverage of the 2023 DC Plan Summit

At the 2023 Defined Contribution Plan Summit, which was hosted in Montebello, Que. on Feb. 21-23, delegates learned from employer case studies and expert thought…

2023 DC Plan Summit: Why big decisions are so hard to make

Speaking during the keynote session at Benefits Canada‘s 2023 Defined Contribution Plan Summit, Seth Stephens-Davidowitz, New York Times’ bestselling author and former Google data scientist,…

2023 DC Plan Summit: Helping DC plan members mind the manageable risk gap

With group retirement plans aimed at helping members avoid risks and achieve their savings goals, defined contribution plan sponsors are uniquely positioned to step up…

2023 DC Plan Summit: DC industry’s objectives shifting from retirement to financial wellness

The traditional aim for the defined contribution pension industry has been helping plan members save for retirement, but as the nature of employment, plan design,…

2023 DC Plan Summit: How Australia, the U.S. are tackling decumulation challenges

While a third of Canadians are very or extremely confident they’ll be able to retire at the age they want to, around 40 per cent…

2023 DC Plan Summit: AI insights on financial wellness

Financial stress is impacting Canadians’ mental and physical health, as well as decisions related to their pension plans, said Matt Davison, Western University’s dean of…