Latest news in Benefits Canada News

Disney requiring employees to return to office four days a week

The Walt Disney Co. is requiring its white-collar employees to work onsite four days a week beginning in March. According to a report by CNBC,…

  • By: Staff
  • January 11, 2023 January 11, 2023
  • 15:00
Copyright_Olga Yastremska_123RF

Communication of DEI initiatives important in remote, hybrid working arrangements: expert

Amid a shift to remote and hybrid working arrangements, communication is key to resolving the disconnect between managers and employees on diversity, equity and inclusion…

  • By: Blake Wolfe
  • January 11, 2023 January 10, 2023
  • 09:00

AIMCo appointing David Scudellari as head of international investment

The Alberta Investment Management Corp. is appointing David Scudellari as senior executive managing director and head of international investment. In the new role, he’ll act as…

  • By: Staff
  • January 10, 2023 January 10, 2023
  • 13:00

BCI acquiring stake in real estate financing partnership, Ontario Teachers’-backed packaging company buying EU competitor

The real estate arm of the British Columbia Investment Management Corp. is acquiring a stake in a private company that provides financing for large-scale real…

  • By: Staff
  • January 10, 2023 January 10, 2023
  • 12:30

ACPM’s top priority for 2023 is amending, blocking passage of pension super-priority bill

The Association of Canadian Pension Management’s top priority in 2023 is convincing Canada’s senate to amend or block the passage of Bill C-228, according to…

U.S. corporate DB pension plans’ funded status reached 95% in 2022: report

The aggregate funded status of the largest U.S. corporate defined benefit pension plans ended 2022 at 95 per cent, unchanged from the beginning of the…

  • By: Staff
  • January 10, 2023 January 9, 2023
  • 09:00
Canadian ESG-related investment assets surge to $3.2 trillion: report

Report finds Canada’s largest employers increasingly tying executive compensation to ESG factors

Canada’s largest employers are increasing their use of environmental, social and governance factors in determining executive compensation, according to a new report by Fasken Martineau…

  • By: Staff
  • January 10, 2023 January 9, 2023
  • 09:00

How employers can ease return to office for employees with disabilities

Employers requiring workers with disabilities to return to the office should increase flexibility and regularly check in with these employees to make the transition as…

  • By: Sadie Janes
  • January 10, 2023 January 10, 2023
  • 09:00

Flexible workplaces a win-win for workers, employers: report

Flexible schedules and shorter workweeks can lead to more productive, healthy and loyal workers, according to a new report on work-life balance by the United Nations’…

U.S. pension spend generated US$1.3 trillion in economic output in 2020: report

Retiree spending of public and private sector pension benefits generated US$1.3 trillion in total economic output in the U.S. in 2020, supporting nearly 6.8 million…

  • By: Staff
  • January 9, 2023 January 6, 2023
  • 09:00

U.S. Department of Defense expanding military parental leave program

The U.S. Department of Defense is expanding its parental leave program for military personnel. Specifically, the expansion will provide parental leave to active and reserve…

  • By: Staff
  • January 6, 2023 January 5, 2023
  • 15:00
Copyright_dmitrydemidovich_123RF

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

An article on the the latest investments by Canadian institutional investment organizations was the most-read story on BenefitsCanada.com over the last week. Here are the five…

  • By: Staff
  • January 6, 2023 January 6, 2023
  • 09:00
Copyright_Yuliya Trukhan_123RF

Co-operators acquiring Smart Employee Benefits

Co-operators Financial Services Ltd. is acquiring Mississauga, Ont.-based Smart Employee Benefits Inc. Following the acquisition, Smart Employee Benefits will continue to operate as a standalone…

  • By: Staff
  • January 6, 2023 January 5, 2023
  • 09:00
New York City pension funds divesting $4B from fossil fuels

Ivanhoé Cambridge extending News Corp. lease, BCI-backed insurer securing major investor

The real estate arm of the Caisse de dépôt et placement du Québec is extending a lease to a major media organization. According to the…

  • By: Staff
  • January 5, 2023 January 5, 2023
  • 13:34

CPPIB appointing Kristen Walters as senior managing director, chief risk officer

The Canada Pension Plan Investment Board is appointing Kristen Walters as senior managing director and chief risk officer. In the role, Walters will be responsible…

  • By: Staff
  • January 5, 2023 January 5, 2023
  • 12:00

Canadian DB pension plan solvency up in 2022 while assets lost 15.6%: report

The aggregate funded ratio for Canadian defined benefit pension plans increased from 96.9 per cent to 100.8 per cent during 2022, according to Aon’s latest…

  • By: Staff
  • January 5, 2023 January 4, 2023
  • 09:00

My Take: Support tools important when bringing employees back to the workplace

Over the past year, a number of employers have mandated that employees return to the physical office, citing the need for in-person collaboration and social…

Copyright_Mariia Demchenko_123RF

Expert panel: DB pension plan sponsors facing challenges, opportunities in 2023

Similar to 2022, the coming year will present both challenges and opportunities for defined benefit pension plan sponsors, with the rewards going to plan sponsors…

Meridian supporting employee development through corporate giving program

Meridian Credit Union Ltd. is supporting local communities through its employee giving program. The organization’s year-end giving campaign, which launched Nov. 29 to coincide with…

  • By: Staff
  • January 4, 2023 January 4, 2023
  • 15:00

My Take: Tackling decumulation today will lead to retirement-ready workers tomorrow

For some Canadians, the term pension may still conjure images of a secure stash of money guaranteed to ensure a comfortable lifestyle in retirement. I…

Copyright_radachynskyi_123RF

Expert panel: Employers embracing DEI to overcome labour shortages in 2023

Amid an ongoing labour shortage, employers of all sizes and sectors are increasingly embracing diversity, equity and inclusion. A recent Statistics Canada report found, as…

Ontario Teachers’ backing auto insurance merger, pension plans leap on new BMO equity

The Ontario Teachers’ Pension Plan is providing an equity injection to help finance the acquisition of an automotive financing and insurance company. APCO Holdings, in…

  • By: Staff
  • January 3, 2023 January 3, 2023
  • 13:45

Canadian DB pension plan solvency ratios up 10% in 2022: report

The average solvency ratio of Canadian defined benefit pension plans grew by 10 per cent in 2022, according to a new report by Mercer Canada.…

  • By: Staff
  • January 3, 2023 January 3, 2023
  • 13:00

75% of employers expecting hiring challenges in 2023: survey

Three-quarters (75 per cent) of Canadian employers say they expect to face hiring challenges in 2023, according to a new survey by the Harris Poll…

  • By: Staff
  • January 3, 2023 January 3, 2023
  • 09:00
Copyright_singkham_123RF

Use of custom TDFs increasing among U.S. DC pension plans: report

U.S. defined contribution pension plan sponsors are increasingly offering custom target-date funds, according to a new report by the Defined Contribution Institutional Investment Association. The…

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