Latest news in Benefits Canada News

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Expert panel: How employers can support employee mental health in 2023

The coronavirus pandemic put mental health squarely on employers’ agendas and this focus on employee well-being is even more important as some organizations return to…

My Take: Employers can do more to shrink gender pay, pension gaps

Last October, Ontario’s pay equity office reported Canadian women received an average of 18 per cent less retirement income than men in 2020, which is three per…

Top 10 HR, benefits, pension and investment stories of 2022

Amid the lingering coronavirus pandemic, vaccination policies and paid sick leave were top of mind among Benefits Canada’s readers in 2022. However, stories about new…

  • By: Staff
  • December 23, 2022 December 22, 2022
  • 09:00
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80% of Canadian public companies using at least one ESG factor in executive compensation plans: report

The majority (80 per cent) of Canadian public companies are using at least one environmental, social and governance factor in their executive compensation plans, with…

  • By: Staff
  • December 23, 2022 December 22, 2022
  • 09:00
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CPPIB, Ontario Teachers’, PSP backing Indian infrastructure funds

Three Canadian pension investment organizations are backing three government-backed infrastructure investment funds in India. The Canada Pension Plan Investment Board, the Ontario Teachers’ Pension Plan…

  • By: Staff
  • December 22, 2022 December 21, 2022
  • 12:00
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AIMCo receives perfect grade for ESG performance in real estate

The Alberta Investment Management Corp. has received a top grade in a survey of the environmental, social and governance integration and performance of signatories of…

  • By: Staff
  • December 22, 2022 December 22, 2022
  • 09:00

Ontario tribunal determines employer entitled to $320K pension surplus

The Financial Services Tribunal of Ontario has awarded an employer with a $320,000 pension surplus, despite the plan’s trust agreements’ silence as to surplus entitlement.…

Webinar coverage: Biomarkers can improve selection of appropriate treatment for severe asthma

Approximately three million Canadians live with asthma, a chronic inflammatory disease that affects airways, limits airflow and makes breathing difficult, said Dr. Erika Penz, associate professor…

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Canadian Coalition for Good Governance joining CAAT’s DBplus pension plan

The Canadian Coalition for Good Governance is joining the Colleges of Applied Arts and Technology pension plan’s DBplus arrangement. “Our participation in a [defined benefit]…

  • By: Staff
  • December 21, 2022 December 21, 2022
  • 15:00

Gallagher acquiring Buck for US$660 million

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

  • By: Staff
  • December 21, 2022 December 20, 2022
  • 09:00

Just a third of older Canadians believe they can financially afford to retire: survey

Just 35 per cent of Canadians aged 50 and older report they’re in a position to financially afford to retire, while a slightly larger percentage…

  • By: Staff
  • December 21, 2022 December 20, 2022
  • 09:00

PwC Canada supporting employees with enhanced fertility, surrogacy benefits

PricewaterhouseCoopers Canada is supporting employees with enhanced family-building benefits. The enhanced benefits, provided by Sun Life Financial Inc., include coverage for procedures and drugs related…

  • By: Sadie Janes
  • December 21, 2022 December 21, 2022
  • 09:00

CPPIB investing in energy service provider, BCI backing aerospace acquisition

The Canada Pension Plan Investment Board is joining a funding round for an energy network service provider. The investment organization is investing about US$200 million…

  • By: Staff
  • December 20, 2022 December 20, 2022
  • 12:30
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Expert panel: Does Canada need a pension champion?

In the Expert Commission on Pensions’ 2008 review of Ontario’s pension system, it recommended an agency or unit of the provincial government serve as a…

Survey finds 74% of U.S. employers offering hybrid work arrangements

Nearly three-quarters (74 per cent) of U.S. employers say they offer hybrid work arrangements, according to a new survey by the International Foundation of Employee…

  • By: Staff
  • December 20, 2022 December 20, 2022
  • 09:00

Trusteed pension funds’ assets valued at $2.1T in Q2: Stats Can

The market value of assets held by Canadian trusteed pension funds decreased 5.4 per cent to $2.1 trillion in the second quarter of 2022, down…

  • By: Staff
  • December 20, 2022 December 19, 2022
  • 09:00

70% of employees with disabilities don’t feel valued at work: survey

More than two-thirds (70 per cent) of Canadian workers with disabilities say they don’t feel valued at work, according to LifeWorks Inc.’s latest mental-health index.…

  • By: Staff
  • December 19, 2022 December 19, 2022
  • 15:00

Webinar coverage: Employee well-being, collaboration and accommodation all part of the future of work

As the coronavirus crisis moves into an endemic phase, employers are diligently rebuilding their workplaces to suit the new working environment that’s emerged from this…

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Two-thirds of U.S. workers say financial stress increased in 2022: survey

Nearly two-thirds (63 per cent) of U.S. workers say their financial stress increased in 2022, according to a new survey by the Hartford Financial Services…

  • By: Staff
  • December 19, 2022 December 16, 2022
  • 09:00
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Survey finds half of Canadian employees are looking for a new job

Half (50 per cent) of Canadian employees say they’re currently looking for a new job or plan to begin their search in the first half…

  • By: Staff
  • December 16, 2022 December 16, 2022
  • 15:00
Editorial

Editorial: Wrapping up 2022 with healthy outcomes, award winners and a glimpse at the future of work

The autumn is typically a busy one for the industry, but this year was especially eventful over at Benefits Canada. After a brief hiatus, the…

Hybrid work, four-day workweek shaping employee well-being: expert

Hybrid work and the rise of the four-day workweek are among the factors shaping employers’ well-being and mental-health strategies in 2023, says Laura Putnam, founder…

  • By: Blake Wolfe
  • December 16, 2022 December 15, 2022
  • 09:00

Ontario Teachers’ appointing Romeo Leemrijse as executive managing director, equities

The Ontario Teachers’ Pension Plan is appointing Romeo Leemrijse as executive managing director of equities, effective Jan. 1, 2023. In the role, he’ll be responsible…

  • By: Staff
  • December 16, 2022 December 16, 2022
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on how Canada compares to other countries in terms of its vacation day offering was the most-read story on BenefitsCanada.com over the last…

  • By: Staff
  • December 16, 2022 December 15, 2022
  • 09:00

Head to head: Is ‘quiet quitting’ a call for setting boundaries or updating job descriptions?

Over the past few months, the new buzz term became a divisive one for both employers and employees, so Benefits Canada asked two human resources experts to…