Latest news in Benefits Canada News

Yelp bringing employees together to highlight link between DEI and employee well-being

Yelp Inc. is bringing employees together to highlight the link between wellness and diversity, equity and inclusion. “When we think about wellness, [DEI] is a…

Report finds CAP member outcomes rising due to high annuity rates

Capital accumulation plan member outcomes saw modest increases in the third quarter, due to high annuity rates that shielded members from modest investment market declines,…

  • By: Staff
  • November 15, 2022 November 15, 2022
  • 09:00

47% of U.S. employees would like to receive more recognition for their work: survey

Nearly half (47 per cent) of U.S. employees say they’d like to receive more recognition for their work, while 21 per cent say they’re never…

  • By: Staff
  • November 14, 2022 November 14, 2022
  • 15:00

Ontario Teachers’ facing losses from crypto exchange collapse, Caisse financing Quebec EV manufacturer

The Ontario Teachers’ Pension Plan is facing losses from an investment in a cryptocurrency exchange that filed for bankruptcy on Nov. 11. The pension fund invested…

  • By: Staff
  • November 14, 2022 November 15, 2022
  • 12:30

Right Time Call Centre, Unifor agreement includes bereavement leave, vacation enhancements

The union representing more than 60 employees at Right Time Call Centre in St. Catharines, Ont. has ratified a three-year collective agreement that includes bereavement…

  • By: Sadie Janes
  • November 14, 2022 November 11, 2022
  • 09:00
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PSP Investments lays out details of responsible investment strategy

The Public Sector Pension Investment Board is revealing details about its responsible investment strategy in a new report. PSP Investment’s responsible investment report highlights its…

  • By: Staff
  • November 14, 2022 November 15, 2022
  • 09:00
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Twitter ending remote working, additional paid days off

Twitter Inc. employees are returning to the office following the cancellation of the social media company’s remote working policy. In his first email to employees,…

  • By: Staff
  • November 11, 2022 November 11, 2022
  • 15:00
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City of Toronto lifting coronavirus vaccine mandate Dec. 1

The City of Toronto is lifting its coronavirus vaccination mandate for employees, effective Dec. 1. According to a press release, the mandate, which was introduced…

  • By: Staff
  • November 11, 2022 November 10, 2022
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on the strike by Ontario education workers was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news…

  • By: Staff
  • November 11, 2022 November 11, 2022
  • 09:00

Canadian women retiring with 78% of male counterparts’ wealth: report

Canadian women are retiring with 78 per cent of the wealth accumulated by Canadian men, slightly better than the global average of 74 per cent,…

  • By: Staff
  • November 11, 2022 November 10, 2022
  • 09:00
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CPPIB acquiring luxury hotel in Rome, HOOPP selling Alberta pet food company

A joint venture involving the Canada Pension Plan Investment Board is investing in a hotel in Rome. The acquisition of the W Rome is part…

  • By: Staff
  • November 10, 2022 November 10, 2022
  • 12:00
Caisse, CPPIB, Ontario Teachers’ invest in insurance company

CPPIB appointing Richard Manley as chief sustainability officer

The Canada Pension Plan Investment Board is appointing Richard Manley as its chief sustainability officer. In the role, Manley will lead the team responsible for…

  • By: Staff
  • November 10, 2022 November 10, 2022
  • 11:06

Collaboration key in maintaining value of private payer health care: experts

Amid the increasing introduction of specialized medicines in Canada, key stakeholders in the private payer health-care sector are enhancing their collaborations to maintain the value…

  • By: Blake Wolfe
  • November 10, 2022 November 9, 2022
  • 09:00
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U.S. corporate DB pension plans’ funded status on the rise: report

The funded ratio of the 100 largest U.S. corporate defined benefit pension plans is on the rise, jumping from 108.8 per cent at the end…

  • By: Staff
  • November 10, 2022 November 10, 2022
  • 09:00

84% of Canadian employees in favour of pay transparency law: survey

The majority (84 per cent) of Canadian employees say they support a pay transparency law that would require employers to disclose salary ranges in job…

  • By: Staff
  • November 9, 2022 November 9, 2022
  • 15:00
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Majority of U.S. employers increasing wages, enhancing benefits for 2023: survey

More than two-thirds (68 per cent) of U.S. employers say they’re increasing salaries and enhancing employee benefits in 2023 amid a tough labour market, according…

  • By: Staff
  • November 9, 2022 November 8, 2022
  • 09:00
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Lack of LGBTQ2S+ inclusivity costing employers, says expert

Employers that aren’t encouraging LGBTQ2S+ inclusivity stand to lose significant amounts of money due to turnover, lower employee engagement and decreased productivity, says Michael Bach,…

  • By: Sadie Janes
  • November 9, 2022 November 8, 2022
  • 09:00

Canadian DB pension plan solvency rose 3.1% in October: report

Canada’s defined benefit pension plans improved on both a solvency basis and an accounting basis in October, according to a new report by LifeWorks Inc.…

  • By: Staff
  • November 8, 2022 November 8, 2022
  • 12:00
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Sounding Board: How employers can better support employees with rare diseases

Imagine that a few pills a day could transform an employee’s life — that they could get back to work, perform better, have fewer sick…

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CIA advising CAPSA to consider pension plan liabilities, climate disclosure in ESG risk management guideline

The Canadian Institute of Actuaries is advising the Canadian Association of Pension Supervisory Authorities to strengthen its proposed guideline on risks related to environmental, social…

  • By: Staff
  • November 8, 2022 November 8, 2022
  • 09:00

U.S. retirement plan sponsors calling on record keepers to support members’ financial wellness: survey

While the majority (80 per cent) of U.S. retirement plan sponsors rate their record keeper as excellent or very good, they’re also seeking more support…

  • By: Staff
  • November 7, 2022 November 8, 2022
  • 15:00
Alberta’s public-sector pension plans reassuring members amid worry over ministerial order

CIA supporting going-concern plus regime, auto features in Alberta’s private sector pensions

The Canadian Institute of Actuaries is supporting several of the Alberta government’s proposed legislative and policy updates for private sector pension laws, including the move…

  • By: Staff
  • November 7, 2022 November 4, 2022
  • 09:00

Stellantis, Unifor agreement includes pension and retirement gains

The union representing employees at automobile manufacturing company Stellantis’ assembly plants in Windsor, Ont. and Brampton, Ont. has ratified a three-year collective agreement that includes…

  • By: Sadie Janes
  • November 7, 2022 November 4, 2022
  • 09:00
Canadian ESG-related investment assets surge to $3.2 trillion: report

Report finds more U.S. companies linking executive pay to ESG performance

Large U.S. companies are increasingly linking executive compensation to some form of environmental, social and governance performance, growing from 66 per cent in 2020 to…

  • By: Staff
  • November 4, 2022 November 4, 2022
  • 15:00

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

An article on Telus Communications Inc.’s win in Benefits Canada‘s 2022 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • November 4, 2022 November 3, 2022
  • 09:00