Latest news in Benefits Canada News

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

Caisse investing in credit facility for EV subscription company, Ontario Teachers’ acquiring U.K. industrial lot

The Caisse de dépôt et placement du Québec is partnering with an asset manager to provide a credit facility to an electric vehicle subscription service.…

  • By: Staff
  • January 26, 2023 January 26, 2023
  • 12:00

Institutional investors increasing allocations to real assets amid inflation, sustainability challenges: survey

Nearly two-thirds of institutional investors say they’re planning to increase their allocations to real assets over the next two years, amid a backdrop of inflation…

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

Vancity supporting employee well-being with enhanced mental-health coverage

Vancouver City Savings Credit Union is supporting employee well-being by increasing its coverage for mental-health benefits from $1,500 to $10,000, per employee and per dependant.…

  • By: Blake Wolfe
  • January 26, 2023 January 25, 2023
  • 09:00
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New York City pension funds calling for absolute GHG emission targets at RBC

New York City comptroller Brad Lander and three of the city’s pension funds are offering shareholder proposals calling on several banks — including the Royal…

New pension plan design offers U.S. public workers retirement benefits, regardless of length of service

A new retirement plan design could allow more public employees in the U.S. to accrue retirement benefits regardless of their length of service, according to…

  • By: Staff
  • January 25, 2023 January 25, 2023
  • 09:00
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64% of U.S. employers increasing investments in employee wellness: survey

Nearly two-thirds (64 per cent) of U.S. employers are planning to increase their spend on employee wellness programs, according to a new survey by Wellable.…

  • By: Staff
  • January 25, 2023 January 24, 2023
  • 09:00

Bell Let’s Talk Day: More mental-health support needed in the workplace

Bell Canada is marking its annual Let’s Talk Day with a call-to-action for increased mental-health support within communities and workplaces. “This year’s campaign has taken…

  • By: Sadie Janes
  • January 25, 2023 January 24, 2023
  • 09:00
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Survey finds four-day workweek gaining mainstream momentum with Canadian employers

A four-day workweek may be gaining mainstream momentum in corporate Canada as workplaces continue to fine tune schedules and working conditions, suggests new research. A…

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Ontario Teachers’ focusing on board diversity in proxy voting guidelines

The Ontario Teachers’ Pension Plan is setting higher expectations for increased participation of women in board roles at large-cap companies in 2023. The pension fund’s…

  • By: Staff
  • January 24, 2023 January 24, 2023
  • 09:00

80% of frontline workers who feel supported by manager plan to stay in current role: survey

The majority (80 per cent) of frontline employees who say they feel supported and understood by their manager plan to stay in their current role,…

  • By: Staff
  • January 23, 2023 January 23, 2023
  • 15:00

33% of U.S. near-retirees already drawing down social security benefits: survey

A third (33 per cent) of Americans nearing retirement say they’re already drawing down their social security benefits, according to a survey by Allspring Global…

  • By: Staff
  • January 23, 2023 January 23, 2023
  • 09:00

BNP Paribas expanding talent pool by hiring, supporting neurodiverse employees

BNP Paribas in Canada is expanding its talent pool by recruiting neurodiverse employees through a new talent attraction program. Sonja Volpe, chief executive officer at…

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PIAC urging federal government to reconsider cessation of real return bonds, citing DB pension impacts

The Pension Investment Association of Canada is urging the federal government to reconsider the cessation of real return bond issuances, citing potential financial impacts to…

  • By: Staff
  • January 23, 2023 January 20, 2023
  • 09:00

Coverage of the 2022 Face to Face in Drug Plan Management Forum

Running for more than 17 years, Benefits Canada‘s Face to Face Drug Plan Management Forum is the industry’s most popular drug benefits conference. In 2022,…

Rethinking risk management and the future of private drug insurance

With cost of private drug plan claims rising about 5.5 per cent each year, pooling is one solution that could be beneficial for benefits plan…

Striking the right balance between member access, plan sustainability

Plan sponsors face challenges balancing benefits plan sustainability while also ensuring their plan members have access to the care they need, said Marie-Hélène Dugal, manager…

Taking a holistic approach to attention deficit hyperactivity disorder

Attention deficit hyperactivity disorder is commonly misunderstood and can reduce the ability of a person to function while impacting their quality of life, said Anjila…

A look at the evolving role of pharmacists in drug plan management

As pharmacists’ scope of practice evolves across the country, their expanded role in drug plan management can improve plan member health and positively impact plan…

Four drug plan management strategies to help bend the cost curve

With the cost of drug claims continuing to rise in 2021, benefits plan sponsors can enable certain drug programs to curb costs, keeping their plans…

Innovative new drugs improve health outcomes, productivity and plan sponsors’ bottom lines

While a transplant can be life-altering for a patient as a permanent cure for their underlying condition, it can also profoundly affect their immune system,…

What problems need to be solved when it comes to rare diseases?

About a million Canadians are impacted by rare diseases, which disproportionately affect younger patients — 70 per cent start in childhood and, sadly, half of…

An update on vaccine coverage in private drug plans

While vaccine coverage varies across provincial drug plans, several million Canadians who are members of private drug plans don’t have coverage at all, according to…

From patient to plan sponsor, how health benefits can turn a life around

Living with a rare chronic disease while also managing an employer-sponsored benefits plan provides Chris MacLeod with a unique perspective. During a session supported by Vertex…

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Domtar, Unifor agreements include pension, benefits gains

The union representing 450 employees at Domtar Corp. in Dryden, Ont. has ratified three collective agreements that include benefits and pension gains. The agreements include…

  • By: Sadie Janes
  • January 20, 2023 January 20, 2023
  • 15:00