Latest news in Benefits Canada News

Half of U.S. workers experiencing burnout: survey

Half (49 per cent) of U.S. employees say they’re burned out from their jobs, down from 58 per cent in August 2020, according to a…

  • By: Staff
  • September 12, 2022 September 12, 2022
  • 15:00

Canadian employers planning average salary increase budgets of 3.8%: survey

Amid a backdrop of economic uncertainty and a tight labour market, Canadian employers are still planning average salary increase budgets of 3.8 per cent, excluding…

  • By: Staff
  • September 12, 2022 September 12, 2022
  • 09:01

Webinar coverage: Combatting rising benefits plan costs with digital pharmacies, drug plan optimization

After living through a prolonged global pandemic, Canadian benefits plan sponsors are facing a professional environment that’s almost unrecognizable to pre-2020 years. The coronavirus pandemic…

  • By: Kelsey Rolfe
  • September 12, 2022 September 8, 2022
  • 09:00

AGA Benefit Solutions acquiring Aptus Benefits

AGA Benefit Solutions is acquiring Vancouver-based Aptus Benefits Inc., a group benefits and retirement consultancy with expertise in collectively bargained plans and executive disability programs. Private…

  • By: Staff
  • September 9, 2022 September 9, 2022
  • 15:00

Could provincial governments legislate paid time off for religious holidays outside of Christianity?

When it comes to paid time-off policies for religious holidays outside of Christmas and Easter, can provincial governments do more to ensure all employees receive…

ACPM cautioning CAPSA on draft revisions to CAP guidelines

The Association of Canadian Pension Management is cautioning the Canadian Association of Pension Supervisory Authorities on its revisions to guidelines for capital accumulation plans. The…

  • By: Staff
  • September 9, 2022 September 8, 2022
  • 09:00

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

The announcement Benefits Canada‘s 2022 Workplace Benefits Awards’ finalists was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news…

  • By: Staff
  • September 9, 2022 September 9, 2022
  • 09:00

Webinar coverage: Supporting employees with severe heart disease

According to conservative estimates, 100,000 Canadians may suffer from hypertrophic cardiomyopathy with an estimated prevalence of about one in every 200 to 500 individuals, said Dr.…

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New Brunswick PSPP announces 5.24% COLA, 0.32% below CPI

Members of the New Brunswick Public Service Pension Plan are receiving a cost-of-living adjustment that doesn’t cover increases in the cost of living in Canada.…

  • By: Staff
  • September 8, 2022 September 8, 2022
  • 13:00

Top global pension funds combined AUM up 8.9 per cent in 2021: report

The world’s largest pension funds saw assets increase by 8.9 per cent in 2021, according to a report by WTW’s the Thinking Ahead Institute. The…

  • By: Staff
  • September 8, 2022 September 8, 2022
  • 12:00
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OPTrust-backed Indigenous land development receiving $1.4BN loan, PSP developing Texas’ largest skyscraper

A development backed by the OPSEU Pension Trust is the beneficiary of the largest federal loan to a First Nations economic partnership in Canadian history.…

  • By: Staff
  • September 8, 2022 September 7, 2022
  • 12:00
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Vista using clear objectives, communication to maintain productivity in remote work environment

Vista is using clear objectives and direct communication to maintain productivity amid its remote working first approach. “We’ve been able to track how we’re meeting…

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

Employers using debt repayment benefits to retain employees, alleviate financial stress

In 2019, Nick Smith graduated with $50,000 worth of debt — $30,000 in student loans and $20,000 with a student line of credit. Low-paying jobs and…

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PIAC providing feedback on CAPSA’s draft revisions to CAP guidelines

The Pension Investment Association of Canada is providing feedback on the consultation draft of revisions to the Canadian Association of Pension Supervisory Authorities’ guidelines for…

  • By: Staff
  • September 7, 2022 September 7, 2022
  • 15:00
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Nearly 60% of U.S. employers continuing student loan repayment benefits despite Biden’s forgiveness program: survey

Despite President Joe Biden’s new student loan forgiveness program, nearly two-thirds (60 per cent) of U.S. employers that currently offer a student loan repayment program…

  • By: Staff
  • September 7, 2022 September 6, 2022
  • 09:00
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Survey finds married women more confident about retirement than divorced or single women

Married women are more likely to say they’re confident they’ll have enough money to live comfortably throughout their retirement years than both divorced and single,…

  • By: Staff
  • September 7, 2022 September 7, 2022
  • 09:00

OMERS appointing Irini Kalamakis as global head of strategic partnerships

The Ontario Municipal Employees’ Retirement System is appointing Irini Kalamakis as senior managing director and global head of strategic partnerships. In the new role, Kalamakis…

  • By: Staff
  • September 6, 2022 September 6, 2022
  • 12:00

51% of U.S. hybrid, remote workers would quit their jobs if mandated to return to office: survey

Slightly more than half (51 per cent) of hybrid or remote workers say they’d leave their job if they were mandated to return to the…

  • By: Staff
  • September 6, 2022 September 2, 2022
  • 09:00

Lyft reducing office space amid shift to remote work

Lyft Inc. is the latest employer to reduce its physical office space amid a shift to remote work. The ride-share company will sublease a portion…

  • By: Staff
  • September 6, 2022 September 2, 2022
  • 09:00

Which employers are finalists in the 2022 Workplace Benefits Awards?

Benefits Canada is pleased to announce the finalists of the 2022 Workplace Benefits Awards. This year’s awards program welcomed 115 entries across 11 categories, all highlighting how Canada’s leading…

  • By: Staff
  • September 6, 2022 September 2, 2022
  • 09:00
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Telus completes acquisition of LifeWorks

Telus Corp. has completed its previously announced acquisition of LifeWorks Inc. With the completion of the $2.9 billion transaction, LifeWorks has become a wholly owned…

  • By: Staff
  • September 2, 2022 September 2, 2022
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on how employers can approach the concept of ‘quiet quitting’ was the most-read story on BenefitsCanada.com over the last week. Here are the five…

  • By: Staff
  • September 2, 2022 September 2, 2022
  • 09:00

42% of U.S. workers aren’t taking vacation: survey

Despite almost half (49 per cent) of U.S. workers experiencing burnout at work, 42 per cent haven’t taken a vacation in the last year, according…

  • By: Staff
  • September 2, 2022 September 1, 2022
  • 09:00

OJTBF joins the the CAAT pension plan

The OPSEU Joint Trusteed Benefit Fund, a not-for-profit insurance advisor that offers benefits to non-profit organizations, is joining the Colleges of Applied Arts and Technology…

  • By: Staff
  • September 1, 2022 September 6, 2022
  • 13:30

Yellow Pages expecting shareholder approval for special payment to DB pension plan

Yellow Pages Ltd. has secured the support of enough shareholders to approve a plan to bolster its defined benefit pension plan’s coffers. During a virtual…

  • By: Staff
  • September 1, 2022 August 31, 2022
  • 12:00