Latest news in Benefits Canada News

Apple withholding employee benefits from unionized store

Apple Inc. is withholding its latest employee benefits from workers at one of its unionized retail stores. The technology giant is set to provide employees…

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

Who are the winners of the 2022 Workplace Benefits Awards?

Alongside the return of the live, in-person Healthy Outcomes Conference on Oct. 18, Benefits Canada announced the winners of the 2022 Workplace Benefits Awards. During…

  • By: Staff
  • October 19, 2022 November 3, 2022
  • 09:00
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SIGA liable for $1.2M in LTD benefits following termination without cause: Saskatchewan court

The Saskatchewan Court of King’s Bench has held the Saskatchewan Indian Gaming Authority liable for more than $1.2 million in long-term disability benefits owed to…

Scotiabank providing five back-up days for elder care

Scotiabank is supporting employees with elderly relatives by providing five back-up days for elder care. The benefit provides in-home visits by personal support workers and…

  • By: Blake Wolfe
  • October 18, 2022 October 17, 2022
  • 09:00

Arthritis Society updating accommodation policy to support employees experiencing menopause

Arthritis Society Canada is supporting female employees by including menopause in its accommodation policy. The policy identifies ways in which a menopausal woman might require similar…

  • By: Sadie Janes
  • October 18, 2022 October 17, 2022
  • 09:00
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Vast majority of DB pension plan sponsors say inflation impacting decision to de-risk: survey

The vast majority (95 per cent) of defined benefit pension plan sponsors say higher inflation is impacting their decision to de-risk, with half (50 per…

  • By: Staff
  • October 18, 2022 October 17, 2022
  • 09:00

Employer health benefits cost trends rising 10% in 2023: survey

Employer-sponsored health benefits cost trends are expected to increase by a record 10 per cent on average globally in 2023, amid rising inflation and increasing…

  • By: Staff
  • October 17, 2022 October 17, 2022
  • 15:00
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CPPIB investing in Indian toll roads, Caisse investing in vertical farming

The Canada Pension Plan Investment Board is investing $60 million in an infrastructure trust sponsored by the National Highways Authority of India. In 2021, the…

  • By: Staff
  • October 17, 2022 October 17, 2022
  • 12:00
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BMO supporting employee mental health with mindfulness app, virtual tutoring

The Bank of Montreal is supporting employee mental health through several benefits, including access to a mindfulness app. “We really appreciate the proactive nature of…

  • By: Sadie Janes
  • October 17, 2022 October 14, 2022
  • 09:00
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B.C. amending definition of PfAD for pension plans with target-benefit provisions

British Columbia is amending the definition of provision for adverse deviation for pension plans in the province with a target-benefit provision. The changes to PfAD’s…

  • By: Staff
  • October 17, 2022 October 17, 2022
  • 09:00

Coverage of the 2022 DC Investment Forum

For the first time in three years, Canadian defined contribution pension plan sponsors, investment professionals and industry thought leaders gathered in person for Benefits Canada’s…

2022 DCIF: Using behavioural finance concepts to improve DC plan participation, contribution rates

Alongside the steady decline of defined benefit pension coverage in Canada, defined contribution plans have seen a massive growth — “a secular shift of responsibility…

2022 DCIF: Understanding sequence of returns risk in target-date funds

When defined contribution plan sponsors conduct due diligence on target-date fund providers, they’re often considering questions of active versus passively managed funds, the benefits of…

2022 DCIF: A look at target-date fund managers’ varying approaches to ESG investing

Responsible investing can drive stronger risk-adjusted returns and is increasingly being seen as a tool for prudent risk management, but defined contribution plan sponsors must…

2022 DCIF: Best practices for incorporating sustainable investing into target-date funds

As greater numbers of defined contribution pension plan members ask for environmental, social and governance-friendly investment options, plan sponsors will need to grapple with how…

2022 DCIF: How DC plan sponsors can use REITs to meet investment objectives

While real estate has long been a part of defined benefit pension plans’ asset allocations, its inclusion in investment portfolios has steadily climbed in recent…

2022 DCIF: The role of alternative fixed income sectors, strategies in DC plans

Rising interest rates and market turmoil have called into question the ability of core fixed income to provide pension plan sponsors with its traditional benefits…

2022 DCIF: How Saskatchewan’s PEPP is adding alternative investments to its DC plan portfolios

When Saskatchewan’s Public Employees Pension Plan decided to make investments in alternative assets, it took a defined benefit approach to its defined contribution pension plan,…

2022 DCIF: What are the legal considerations for ESG investing for DC plan sponsors?

Increasingly, defined contribution plan sponsors are grappling with adding environmental, social and governance investing options to their plans as a growing number of members ask…

More women on boards, but work required to increase overall diversity: report

Women held 26 per cent of the total 5,112 board seats among Canadian companies providing disclosure for 2022, up from 23.4 per cent in 2021,…

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

Employers turning to workplace amenities, perks to lure workers back to office

When Lightspeed Commerce Inc. employees headed back to their office this year, they found a space double the size of their last with a restaurant…

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

An article on the lack of benefits provided by small- and medium-sized employers in Eastern Canada was the most-read story on BenefitsCanada.com over the last…

  • By: Staff
  • October 14, 2022 October 13, 2022
  • 09:00
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Amendments to insolvency legislation would secure DB pensions, say retiree organizations

Six organizations representing Canadian retirees say proposed amendments to the federal Bankruptcy and Insolvency Act would have a positive impact on defined benefit pension plan…

  • By: Staff
  • October 14, 2022 October 13, 2022
  • 09:00

Capital One using leave programs to support employee mental health, well-being

Capital One Canada is supporting employee well-being by providing six months of protected leave to volunteer, travel or take time with family. The financial organization…

Editorial

Editorial: Looking back and ahead as Benefits Canada celebrates 45 years

The first issue of Benefits Canada hit the desks of the country’s human resources, benefits, pension and investment professionals in 1977, four years before I…