Latest news in Benefits Canada News

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57% of Canadian employees say they don’t get enough vacation time: survey

More than half (57 per cent) of Canadian employees say they don’t get enough vacation time, according to a new survey by Expedia.ca. The survey,…

  • By: Staff
  • May 5, 2023 May 4, 2023
  • 09:00
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N.S. Teachers’ Pension Plan’s funded status dips to 75.1%: annual report

The Nova Scotia Teachers’ Pension Plan’s funded status dipped from 82.5 per cent to 75.1 per cent on a going-concern basis in 2022, according to…

  • By: Staff
  • May 4, 2023 May 3, 2023
  • 12:30

OMERS backing hepatitis C drug, BCI acquiring stake in space technology company

The pharmaceutical arm of the Ontario Municipal Employees’ Retirement System is acquiring a stake in an anti-viral drug. According to the terms of a $200-million…

  • By: Staff
  • May 4, 2023 May 4, 2023
  • 12:30
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Canadian DB pension plans generated strong returns in Q1: report

The median Canadian defined benefit pension plan’s investments returned 4.2 per cent during the first quarter of 2022, according to a new report by Northern Trust…

  • By: Staff
  • May 4, 2023 May 4, 2023
  • 09:00

Sun Life supporting hybrid work, collaboration with redesigned workspace

Sun Life Financial Inc. is supporting employees working in a hybrid arrangement with its new activity-based, people-focused workspace in Waterloo, Ont. “We’ve been on a…

Public employees’ remote work agreement setting stage for future union negotiations: experts

The agreement on remote and flexible work between public sector workers and the federal government could set the stage for future union negotiations, according to…

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27% of U.S. DC pension plan sponsors say decumulation isn’t a topic of interest: survey

While a third (34 per cent) of U.S. defined contribution pension plan sponsors say they’re studying decumulation solutions and another 15 per cent are in…

  • By: Staff
  • May 3, 2023 May 3, 2023
  • 15:00

Half of employees say trauma has had significant impact on mental health: survey

Half (50 per cent) of Canadian workers say they’ve experienced a traumatic event that’s had a significant impact on their mental health, according to Telus…

  • By: Staff
  • May 3, 2023 May 3, 2023
  • 09:00
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Controversial super-priority pension bill receives royal assent

A controversial law giving super-priority to defined benefit pension plan members during plan windups and insolvencies is coming into effect after receiving royal assent from…

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BCI calling for increased climate disclosure at Imperial Oil, Caisse pre-leasing Chilean mixed-use development

The British Columbia Investment Management Corp. is filing a shareholder proposal calling for Imperial Oil Ltd. to disclose more information about its climate risks. The…

  • By: Staff
  • May 2, 2023 May 2, 2023
  • 12:30

Survey finds HR leaders believe accountability for DEI extends across employers

While the majority (81 per cent) of Canadian human resources leaders believe senior company leaders need to support diversity, equity and inclusion efforts, they also…

  • By: Staff
  • May 2, 2023 May 1, 2023
  • 09:00
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Expert panel: How storytelling can support employee mental health

Storytelling is a fundamental part of being human. It’s how information, culture and ways of living are passed down to the next generation. It’s also…

PSAC, government tentative agreement includes new protections around remote work, wage increases

The Public Service Alliance of Canada and the federal government have reached a tentative agreement for more than 120,000 workers, which includes new protections around…

  • By: Staff
  • May 1, 2023 May 1, 2023
  • 15:00

Fewer Black, Latino employees participating in U.S. workplace retirement plans: report

Just 53 per cent of Black employees and 45 per cent of Latino employees are participating in a U.S. workplace retirement plan, compared to 66…

  • By: Staff
  • May 1, 2023 April 28, 2023
  • 09:00
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Canadian DB pension plans see median return of 4% in Q1 2023: report

Canadian defined benefit pension plans generated a median return of four per cent in the first quarter of 2023, up from 3.8 per cent in…

  • By: Staff
  • May 1, 2023 April 28, 2023
  • 09:00

70% of Canadian hybrid workers say they’re more productive than before pandemic: survey

The majority (70 per cent) of Canadian hybrid employees say they’re more productive than they were prior to the coronavirus pandemic, noting they have more…

  • By: Staff
  • April 28, 2023 April 28, 2023
  • 15:00

2023 Workplace Benefits Awards opens for entries

Over the past three years, employers around the globe have been facing unprecedented levels of change, driving innovative thinking as they transform their workplace policies…

  • By: Staff
  • April 28, 2023 April 27, 2023
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on two upcoming executive departures at the Ontario Pension Board was the most-read story on BenefitsCanada.com over the last week. Here are the five…

  • By: Staff
  • April 28, 2023 April 27, 2023
  • 09:00
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Only half of U.S. gen Z workers say employer cares about their mental health: survey

Only half (51 per cent) of U.S. generation Z employees say their employer cares about their mental health, according to a new survey by the…

  • By: Staff
  • April 28, 2023 April 27, 2023
  • 09:00

CPPIB backing efforts to divide investee mining company, OMERS-owned building leasing Sydney office space

The Canada Pension Plan Investment Board is supporting an effort to spin off the steel-making side of an investee mining company despite previously saying it…

  • By: Staff
  • April 27, 2023 April 27, 2023
  • 12:30
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New report highlights BCI’s 2022 ESG achievements

The British Columbia Investment Management Corp. is leveraging its size and influence to drive environmental, social and governance improvements across its portfolio, according to the…

  • By: Staff
  • April 27, 2023 April 27, 2023
  • 12:30
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Yukon introducing government-funded paid sick leave program

Yukon is the first jurisdiction in Canada to provide government-funded paid sick leave with a program targeting workers who are most likely to suffer from…

Gen Z employees reporting decreased happiness at work: survey

Canadian generation Z employees experienced a decrease in happiness of 0.4 points in April, according to a new survey by ADP Canada. The survey, which…

  • By: Staff
  • April 27, 2023 April 26, 2023
  • 09:00