Latest news in Benefits Canada News

OPSEU, College Employer Council agreement includes medical cannabis, mental-health coverage

The union representing full-time support workers at Ontario’s 24 public colleges has ratified a three-year collective agreement that includes a new mental-health benefit, coverage for…

  • By: Staff
  • October 6, 2022 October 5, 2022
  • 09:00

Thomson Reuters supporting employee mental health with mindfulness practices, paid time off

Thomson Reuters Corp. is marking Mental Illness Awareness Week and World Mental Health Day with the launch of a new mindfulness practice. The practice, called ‘be purposefully…

2022 Risk Management Conference: How a four-state probability model can improve investment, risk decisions

The use of a four-state probability model can more accurately predict stock market phases and improve investment and risk management decisions, said Tom McCurdy, professor…

  • By: Blake Wolfe
  • October 6, 2022 September 29, 2022
  • 07:52

Tech companies opening new offices despite allowing remote, hybrid working arrangements

In the first months of the coronavirus pandemic, Shopify Inc.’s chief executive officer Tobi Lutke was among the first technology leaders to declare most of…

Survey finds majority of plan sponsors concerned over pandemic’s long-term impact to benefits costs

More than three-quarters (78 per cent) of plan sponsors say they’re concerned about the coronavirus pandemic’s long-term impact on the cost of health benefits plans,…

  • By: Staff
  • October 5, 2022 October 4, 2022
  • 09:00

OMERS Capital Markets appointing Prabha Ram as managing director of global equities

The Ontario Municipal Employees’ Retirement System is appointing Prabha Ram as managing director of global equities at its investment arm, OMERS Capital Markets. In the…

  • By: Staff
  • October 4, 2022 October 4, 2022
  • 12:29
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71% of Canadians finding it challenging to save for retirement amid rising inflation: survey

Nearly three-quarters (71 per cent) of Canadians say saving for retirement is a challenge amid rising inflation, an increase of six percentage points over 2021,…

  • By: Staff
  • October 4, 2022 October 3, 2022
  • 09:00
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Expert panel: How employers, employees can mitigate workplace microaggressions

Microaggressions — everyone has heard them or may have even used them. Defined as everyday verbal and behavioural slights against a person or group that…

Amount of benefits plan sponsors with HCSAs, wellness accounts on the rise: BCHS

Half of benefits plan members (49 per cent) and plan sponsors (48 per cent) say they have a health-care spending account in 2022, compared to…

  • By: Staff
  • October 4, 2022 October 5, 2022
  • 09:00

Blackburn Media, Unifor agreement includes flexible work, benefits improvements

The union representing employees at a Blackburn Media Inc. radio station in Wingham, Ont. has ratified a three-year collective agreement that includes increased benefits and…

Ontario’s electronic monitoring policy ensures employer transparency: lawyer

By requiring employers to have a written policy on the electronic monitoring of their employees, the Ontario government is aiming to increase employer transparency, says Andy…

Majority of plan sponsors, plan members view their health benefits plans as excellent or good: survey

A majority of plan sponsors (80 per cent) and plan members (77 per cent) described the quality of their health benefits plans as excellent or…

  • By: Staff
  • October 3, 2022 October 3, 2022
  • 09:00

Walmart expanding fertility benefits for U.S. employees

Walmart Inc. is teaming up with a fertility startup to offer benefits under its insurance plan that will help its U.S. workers expand their families.…

Truth and Reconciliation: Employer awareness growing but more action required, says expert

As Sept. 30 marks the second annual National Day for Truth and Reconciliation, employer awareness of the impact of Canada’s residential school system has grown…

  • By: Sadie Janes
  • September 30, 2022 September 29, 2022
  • 09:00
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Survey finds perceptions of workplace culture impacting employees’ mental health

Canadian employees are divided on whether there’s a significant difference between the workplace culture cited by their employer and the reality, according to LifeWorks Inc.’s latest…

  • By: Staff
  • September 30, 2022 September 29, 2022
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on virtual health-care findings in the 2022 Benefits Canada Healthcare Survey was the most-read story on BenefitsCanada.com over the last week. Here are…

  • By: Staff
  • September 30, 2022 September 29, 2022
  • 09:00

Half of plan sponsors have implemented coronavirus vaccination policies: BCHS

Around half (53 per cent) of Canadian benefits plan sponsors and two-thirds (65 per cent) of plan members say their workplace implemented a coronavirus vaccination…

  • By: Staff
  • September 30, 2022 September 29, 2022
  • 09:00

How institutional investors can advance Indigenous economic reconciliation

Canada’s institutional investors have reached an inflection point on Indigenous economic reconciliation, says Joseph Bastien, project manager of the Reconciliation and Responsible Investment Initiative. “There’s…

Majority of plan sponsors believe they promote diverse, inclusive workplace: survey

The vast majority (91 per cent) of plan sponsors believe they promote and support a diverse and inclusive workplace, with 44 per cent strongly agreeing…

  • By: Staff
  • September 29, 2022 September 28, 2022
  • 09:00
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Amendments to bankruptcy, insolvency legislation could disincentivize DB pension plan sponsors, say ACPM, PIAC

The Association of Canadian Pension Management and the Pension Investment Association of Canada are among the organizations saying proposed amendments to the federal Bankruptcy and…

  • By: Staff
  • September 29, 2022 September 28, 2022
  • 09:00
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Majority of employers say hybrid work is challenging confidence in employee productivity: survey

More than eight in 10 (85 per cent) global company leaders say the shift to hybrid work has challenged their confidence in employee productivity, according…

  • By: Staff
  • September 28, 2022 September 28, 2022
  • 15:00

72% of benefits plan members satisfied with working from home: BCHS

Nearly three-quarters (72 per cent) of Canadian benefits plan members say they’re extremely or very satisfied with working from home, according to the 2022 Benefits Canada…

  • By: Staff
  • September 28, 2022 September 27, 2022
  • 09:00
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Caisse developing French residential properties, HOOPP expanding U.K. industrial site

The Caisse de dépôt et placement du Québec is entering a strategic partnership to develop affordable housing in France. The investment organization’s real estate arm,…

  • By: Staff
  • September 27, 2022 September 27, 2022
  • 12:30

Alberta’s DB pension funding rules fail to balance sustainability, affordability: ACPM

The Association of Canadian Pension Management is taking aim at the Alberta government’s funding rules for private sector defined benefit pension plans. In its response…

  • By: Staff
  • September 27, 2022 September 27, 2022
  • 12:30

Ontario Teachers’ appointing Deepak Dara to lead new Indian office

The Ontario Teachers’ Pension Plan is opening an office in Mumbai, India, which will be headed up by Deepak Dara, currently chief of staff to…

  • By: Staff
  • September 27, 2022 September 27, 2022
  • 11:45