Latest news in Benefits Canada News

Vast majority of institutional investors planning to increase allocations to sustainable, impact investments over 5 years: survey

The vast majority (90 per cent) of institutional investors say they’re planning to increase allocations to sustainable and impact investments over the next five years,…

  • By: Staff
  • February 6, 2023 February 3, 2023
  • 09:00
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62% of U.S. workers say employer’s DEI program not working as intended: survey

While the majority (89 per cent) of U.S. employees say their employer has a diversity, equity and inclusion program, 62 per cent say these programs…

  • By: Staff
  • February 6, 2023 February 3, 2023
  • 09:00

FSRA promoting retirement planning with Pension Awareness Day

The Financial Services Regulatory Authority of Ontario is promoting retirement planning with its inaugural Pension Awareness Day on Feb. 16. Through the event, the FSRA…

  • By: Blake Wolfe
  • February 6, 2023 February 3, 2023
  • 09:00
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Survey finds 59% of gen Z workers have yet to start saving for retirement

More than half (59 per cent) of generation Z workers and a third (31 per cent) of millennials say they have yet to start saving…

  • By: Staff
  • February 3, 2023 February 3, 2023
  • 15:00
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42% of U.S. workers say they’re stressed due to financial health: survey

Two-fifths (42 per cent) of U.S. workers say they’re highly stressed due to their financial health, up from 35 per cent in 2022, according to…

  • By: Staff
  • February 3, 2023 February 3, 2023
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on how Telus is training its people leaders to recognize when employees are experiencing mental-health struggles was the most-read story on BenefitsCanada.com over…

  • By: Staff
  • February 3, 2023 February 3, 2023
  • 09:00

Caisse promoting Maxime Aucoin, David Latour to new roles

The Caisse de dépôt et placement du Québec is appointing Maxime Aucoin as executive vice-president of depositors and total portfolio.  In the new role, Aucoin,…

  • By: Staff
  • February 2, 2023 February 1, 2023
  • 15:00
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CPPIB invests in Indian real estate fund, BCI-owned utility company completes acquisition

The Canada Pension Plan Investment Board is investing US$205 million as an anchor investor in IndoSpace’s new real estate fund in India. The investment marks…

  • By: Staff
  • February 2, 2023 February 2, 2023
  • 12:00

Study finds remote working giving employees back 72 minutes per day

Remote working is saving employees an average of 72 minutes in commuting time per day, most of which they’re turning around and spending on work-related…

  • By: Staff
  • February 2, 2023 February 2, 2023
  • 09:00

A quarter of asset owners planning to increase use of OCIOs by 2025: report

More than a quarter (26 per cent) of institutional asset owners expect to use an outsourced chief investment officer in an increased capacity during the…

  • By: Staff
  • February 2, 2023 February 1, 2023
  • 09:00
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Groundhog Day: Survey finds 35% of employees say every workday is the same

A third (35 per cent) of employees say every workday feels the same, similar to the 1993 film Groundhog Day, according to a new survey…

  • By: Blake Wolfe
  • February 2, 2023 February 1, 2023
  • 09:00

OMERS appointing Ralph Berg as chief investment officer

The Ontario Municipal Employees’ Retirement System is appointing Ralph Berg as its chief investment officer, effective April 1, 2023. “[Berg] is a proven investor and…

  • By: Staff
  • February 1, 2023 February 1, 2023
  • 15:00
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Half of Canadian employers increasing salary budget for 2023: survey

Half (48 per cent) of Canadian employers say they’re increasing their salary budget for 2023, according to a new survey by Normandin Beaudry. The survey,…

  • By: Staff
  • February 1, 2023 January 31, 2023
  • 09:00

Telus training managers to recognize signs of employees experiencing mental-health struggles

Telus Communications Inc. is training its people leaders to recognize when employees are experiencing mental-health struggles. The organization provides leaders with scripts to refer to when they…

City of Whitehorse, Collège nordique francophone joining CAAT DBplus plan

Employees of the City of Whitehorse represented by the Yukon Employees’ Union and N.W.T.-based Collège nordique francophone are joining the Colleges of Applied Arts and…

  • By: Staff
  • January 31, 2023 January 31, 2023
  • 15:00
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New report shows mental-health drug claims ‘skyrocketed’ among young Canadians between 2019 and 2021

Between 2019 and 2021, mental-health drug claims skyrocketed among young Canadians, according to a new report by Sun Life Financial Inc. The report, which identified…

  • By: Staff
  • January 31, 2023 January 30, 2023
  • 09:00
OSFI launching consultation on climate change risks to pensions, financial institutions

More work to be done by pension plan sponsors on factoring climate into mortality, morbidity assumptions: CIA

While it’s common practice for pension plan sponsors to factor climate risk into investment strategies, there’s more work to be done on factoring climate change…

  • By: Blake Wolfe
  • January 31, 2023 February 1, 2023
  • 09:00
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Black employees say employers making progress on anti-Black racism, but fear recession could erase gains: survey

While the vast majority (90 per cent) of Black Canadians say their employer has made progress on efforts to be more equitable and inclusive for…

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

Canadian DB pension plans down 12.8% in 2022: report

The median Canadian defined benefit pension plan returned 2.8 per cent during the last quarter of 2022 after facing losses of 12.8 per cent over…

  • By: Staff
  • January 30, 2023 January 31, 2023
  • 15:00
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62% of Canadian employers using hybrid working model: survey

Nearly two-thirds (62 per cent) of Canadian employers say they’re using a hybrid working model, according to a new survey by Colliers Canada. The survey,…

  • By: Staff
  • January 30, 2023 January 27, 2023
  • 09:00

Younger employees less likely to be able to cope with work stress: survey

Employees aged 40 and younger are 60 per cent more likely than workers aged 50 and older to lack confidence in their ability to cope…

  • By: Staff
  • January 27, 2023 January 27, 2023
  • 15:00

Institutional investors considering geopolitical risk, inflation in portfolio construction

In the wake of Russia’s invasion of Ukraine, institutional investors are increasingly factoring geopolitical risks into portfolio construction, according to John Bai, senior vice-president and…

  • By: Sadie Janes
  • January 27, 2023 February 1, 2023
  • 09:00
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PepsiCo expanding U.S. returnship program for female employees

PepsiCo Beverages North America is expanding its U.S. returnship program for women who have taken time off work for caregiving. The program offers 16-week internships…

  • By: Staff
  • January 27, 2023 January 26, 2023
  • 09:00
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69% of employees say manager impacts mental health as much as spouse or partner: survey

More than two-thirds (69 per cent) of employees say their manager impacts their mental health as much as their spouse or partner, according to a…

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

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

An article on how British Columbia’s amended definition of provision for adverse deviation will impact the province’s target-benefit pension plans was the most-read story on…

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