Latest news in Benefits Canada News

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

An article on how employers can use ‘Blue Monday’ as an opportunity to discuss mental health was the most-read story on BenefitsCanada.com over the last…

  • By: Staff
  • January 20, 2023 January 19, 2023
  • 09:00
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B.C.’s amended PfAD to provide more flexibility to target-benefit pension plans: experts

British Columbia’s amended definition of provision for adverse deviation will provide additional flexibility to the province’s target-benefit pension plans, according to experts. The changes to…

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Caisse receives top grade for climate strategy across 11 public pension investors: report

The Caisse de dépôt et placement du Québec received the highest mark in a report card grading the climate strategies of the 11 largest public…

  • By: Staff
  • January 19, 2023 January 19, 2023
  • 12:30

Ontario Teachers’ redeveloping Winnipeg football site, AIMCo investing in PSP-sourced loans

Cadillac Fairview, the real estate arm of the Ontario Teachers’ Pension Plan, is redeveloping the former home field of the Winnipeg Blue Bombers into a…

  • By: Staff
  • January 19, 2023 January 19, 2023
  • 12:00

Employees who feel they don’t belong at work more likely to quit: survey

Employees who feel like they don’t belong at their workplace are 59 per cent more likely to consider quitting their job due to mental-health concerns,…

  • By: Staff
  • January 19, 2023 January 18, 2023
  • 09:00

Withdrawal of real return bonds could financially impact DB pension plans: CIA

The Canadian Institute of Actuaries is urging the federal government to reconsider its cessation of real return bond issuances, citing the potential financial impacts to…

Acera Insurance merging with Calgary-based Fairfield Watson

Acera Insurance is merging with Fairfield Watson Inc., a Calgary-based consulting firm specializing in employee benefits, insurance and retirement. The new company will retain the Acera…

  • By: Staff
  • January 18, 2023 January 18, 2023
  • 15:00

CIBC prioritizing accessibility, inclusion in new office space

The Canadian Imperial Bank of Commerce is prioritizing accessibility and inclusion in its new offices at CIBC Square in downtown Toronto. “The building was formally announced…

  • By: Sadie Janes
  • January 18, 2023 January 18, 2023
  • 09:00

Starbucks requiring workers to return to office three days a week

Starbucks Corp. is requiring its white-collar employees to work from the office at least three days per week starting Jan. 30. According to a report…

  • By: Staff
  • January 18, 2023 January 17, 2023
  • 09:00
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BCI acquiring battery storage company, Caisse buying German logistics facility

The British Columbia Investment Management Corp. is acquiring a battery storage provider. The investment organization will acquire Eku Energy from Macquarie Asset Management. The company…

  • By: Staff
  • January 17, 2023 January 19, 2023
  • 12:30

Walmart enhancing benefits plan with fertility treatments, gender affirmation

Walmart Canada is enhancing its employee benefits plan with coverage for fertility treatments and gender affirmation. Nadia Cerisano, vice-president of total rewards and global mobility…

  • By: Blake Wolfe
  • January 17, 2023 January 16, 2023
  • 09:00
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Trust essential in remote working era, say experts, after time-theft ruling

Employers and employees must tread a fine line between trust, monitoring and micromanaging in the new age of remote working, say experts. Their comments come…

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Survey finds sales of U.S. supplemental health insurance products increasing

Sales of U.S. workplace supplemental health insurance products totalled US$2.1 billion in the first nine months of 2022, rising 11 per cent year over year,…

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

Microsoft’s U.S. employees receiving unlimited vacation days

Microsoft Corp. is providing its full-time U.S. employees with unlimited time off, effective this week. The policy, which will only apply to salaried U.S. workers,…

  • By: Staff
  • January 16, 2023 January 16, 2023
  • 15:00

PIAC calling on CSA to ensure consistency in climate disclosure regulations

The Pension Investment Association of Canada is urging the Canadian Securities Administrators to work closely with its international counterparts to ensure consistency in regulations on…

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

Employers can use ‘Blue Monday’ to reset workplace mental-health strategies

The third Monday in January, also known as ‘Blue Monday,’ is considered to be the saddest day of the year, as people contend with frigid…

62% of U.S. women expect to postpone retirement due to inflation: survey

Nearly two-thirds (62 per cent) of U.S. women say they expect to retire later than originally planned or not at all due to rising inflation,…

  • By: Staff
  • January 13, 2023 January 13, 2023
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on the potential impacts of Alberta withdrawing from the Canada Pension Plan was the most-read story on BenefitsCanada.com over the last week. Here…

  • By: Staff
  • January 13, 2023 January 12, 2023
  • 09:00

New U.S. pension law strengthening retirement savings for workers

A new U.S. law that aims to strengthen retirement support for workers holds valuable lessons for Canada’s retirement system, says one pension consultant. The Secure…

  • By: Sadie Janes
  • January 13, 2023 January 12, 2023
  • 09:00
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Wage costs up, working hours down due to absenteeism: report

While employment is more than three per cent higher than it was at the start of the coronavirus pandemic, working hours are up by only…

  • By: Staff
  • January 13, 2023 January 12, 2023
  • 09:00

Employer-sponsored health benefits costs projected to rise 7.5% in 2023: report

The costs of employer-sponsored medical benefits in Canada are expected to rise 7.5 per cent in 2023, according to a new report by Aon. The…

  • By: Staff
  • January 13, 2023 January 12, 2023
  • 09:00
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World’s top public sector pension investors hit by record losses: report

The world’s 42 largest public sector pension investment organizations saw their combined assets decline by nine per cent in the year ending June 30, 2022,…

Report finds Canadian DB pension plan assets declined 3.1% in December

The average Canadian defined benefit pension plan lost ground on a solvency and accountancy basis in December, according to LifeWorks Inc.’s latest monthly report. At…

  • By: Staff
  • January 12, 2023 January 12, 2023
  • 12:30

Employers raising concerns over Alberta leaving CPP, but expert says move could yield benefits for workers

While many Alberta employers say they’d be disadvantaged if the province left the Canada Pension Plan, one expert says a provincial pension plan could benefit…

PSP Investments appointing Oliver Duff as senior VP, global head of credit investments

The Public Sector Pension Investment Board is appointing Oliver Duff as senior vice-president of global head of credit investments. Duff joined PSP Investments in 2016 and was previously…

  • By: Staff
  • January 12, 2023 January 26, 2023
  • 09:00