Latest news in Benefits Canada News

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Younger, more diverse U.S. employees most likely to work from home amid pandemic: report

Employees working from home during the worst part of the coronavirus pandemic were younger, more diverse and better educated, according to a new report from…

Absences, presenteeism costing employers nearly $645 million annually: report

Employee absences and presenteeism are costing Canadian employers nearly $645 million annually, according to a new report by Manulife Financial Corp. The report — which analyzed…

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

40% of Canadian workers say they aren’t fairly paid: survey

Two-fifths (40 per cent) of Canadian workers say they aren’t fairly paid in their current role, according to a new survey by Robert Half Canada…

Caisse, CPPIB, Ontario Teachers’ invest in insurance company

SHEPP appointing Colette Wagner as senior investment analyst

The Saskatchewan Healthcare Employees’ Pension Plan is appointing Colette Wagner as a senior investment analyst. In the new role, she’ll oversee the asset managers responsible…

  • By: Staff
  • April 11, 2023 April 11, 2023
  • 12:30

Institutional investors making steady progress on ESG reporting, practices: report

Institutional investors are steadily integrating environmental, social and governance into their investment reporting and practices, according to a new report by the United Nations’ principles…

  • By: Staff
  • April 11, 2023 April 11, 2023
  • 09:00
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Report finds DEI increasingly important in talent attraction, retention efforts

While more than two-thirds (69 per cent) of employers say the macroeconomic environment is negatively impacting recruitment, three-quarters (74 per cent) say it hasn’t reduced…

  • By: Staff
  • April 11, 2023 April 10, 2023
  • 09:00

U.S. workers believe they need $1.1 million to retire comfortably: survey

While U.S. workers aged 45 and older believe it takes, on average, $1.1 million in savings to retire comfortably, just 21 per cent expect to…

  • By: Staff
  • April 10, 2023 April 10, 2023
  • 15:00

45% of Canadian autistic employees feel they have to mask autistic traits at work: survey

Nearly half (45 per cent) of Canadian autistic employees say they have to mask their autistic traits at work, according to a new survey by…

  • By: Staff
  • April 10, 2023 April 6, 2023
  • 09:00

AIMCo returns -3.4% for 2022, citing declines in public equities, fixed income

The Alberta Investment Management Corp. is reporting an annual return of negative 3.4 per cent for 2022, citing declines in public equities and fixed income.…

  • By: Staff
  • April 10, 2023 April 6, 2023
  • 09:00
Alberta Teachers’ Association set to legally challenge pension order

AIMCo revealing details of ESG integration process: report

The Alberta Investment Management Corp. is revealing details of how environmental, social and governance factors are used alongside traditional financial analysis in its investment strategy.…

  • By: Staff
  • April 6, 2023 April 6, 2023
  • 12:30

Dental-care program’s employer reporting requirement may cause barriers to care: experts

A 2023 federal budget proposal to require employers to report dental coverage as part of the national dental-care program will be onerous on plan sponsors and…

OPTrust improving survivor benefits for plan members’ dependent children

The OPSEU Pension Trust is expanding the definition of an eligible dependent child so disabled dependent children may be entitled to survivor benefits. Previously, a…

  • By: Staff
  • April 6, 2023 April 6, 2023
  • 09:00

ACPM advising FSRA to take best practices approach to IT risk management

The Association of Canadian Pension Management is urging the Financial Services Regulatory Authority of Ontario to apply a best practices approach for the pension sector…

  • By: Staff
  • April 5, 2023 April 5, 2023
  • 15:00

Four-day workweek giving one employee more time for family, side hustles

Like many millennials, 30-year-old Sennah Yee has a few side hustles — she writes books, plays and has started a magazine with friends. Yee, a…

Employee recognition leads to decreased absenteeism, increased productivity: report

Employers that report high levels of employee recognition can expect increased productivity and decreased rates of absenteeism and safety incidents, according to a new report…

  • By: Staff
  • April 5, 2023 April 22, 2026
  • 09:00

OMERS appointing Ashish Goyal executive VP, head of Asia-Pacific

The Ontario Municipal Employees’ Retirement System is appointing Ashish Goyal as executive vice-president and head of Asia-Pacific. In the new role, he’ll oversee investments across…

  • By: Staff
  • April 4, 2023 April 4, 2023
  • 12:30
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Gallagher completes acquisition of Buck for US$660 million

Arthur J. Gallagher & Co. has completed its acquisition of BCHR Holdings — also known as Buck — for US$660 million. Through the agreement, Gallagher will expand…

  • By: Staff
  • April 4, 2023 April 4, 2023
  • 09:00
Employer pension plan asset values grows 2.3% in Q4 2019

Median solvency ratio of Canadian DB pensions rose to 116% in Q1 2023: report

The median solvency ratio of Canadian defined benefit pension plans rose during the first quarter of 2023, from 113 per cent at the beginning of…

  • By: Staff
  • April 4, 2023 April 3, 2023
  • 09:00
CPPIB investing in Seattle real estate, BCI in legacy acquirer

Most Seattle gig workers to receive paid sick leave under new law

Most gig workers in Seattle will be permanently entitled to paid sick leave under a new law that expands coronavirus pandemic-era protections and strengthens labour…

Canadians’ financial well-being on the decline: survey

43% of employees concerned about their financial future: survey

Two in five (43 per cent) Canadian employees say they’re concerned about their financial future, according to Telus Health’s latest mental-health index. Nearly half (45…

  • By: Staff
  • April 3, 2023 April 3, 2023
  • 09:00
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Workplace cancer strategies can support employee health, reduce benefits costs: webinar

By focusing on cancer as part of a wider chronic disease management strategy, employers can support employee health while reducing benefits costs, said Chris Bonnett,…

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Annuity buyout costs increasing for U.S. DB pension plan sponsors: report

Defined benefit pension plan sponsors in the U.S. are facing increasing costs when de-risking through annuity buyouts, according to a new report by consulting firm…

  • By: Staff
  • April 3, 2023 March 31, 2023
  • 09:00
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Survey finds 39% of U.S. workers haven’t taken vacation in the last year

Two-fifths (39 per cent) of U.S. employees say they haven’t taken a vacation in the last 12 months, according to a new survey by Eagle…

  • By: Staff
  • March 31, 2023 March 31, 2023
  • 15:00
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TD Bank building pipeline of Black tech employees, providing returnship program for tech workers

The TD Bank Group is expanding its talent pool through partnerships that tap into the Black Professionals in Tech Network and FDM Group Inc.’s returnship…

76% of U.S. DC pension plan sponsors offering auto-enrolment: survey

Three-quarters (76 per cent) of U.S. defined contribution pension plan sponsors say their plan offers automatic enrolment, according to a new survey by investment consulting…

  • By: Staff
  • March 31, 2023 March 30, 2023
  • 09:00