Latest news in Benefits Canada News

How vaping cessation programs can help employers curb benefits plan costs

With more data emerging showing vaping can lead to lung injuries and other adverse health issues, many employers have concerns about the potential cost of…

PSP Investments appointing Deborah Orida as president, CEO

The Public Sector Pension Investment Board is appointing Deborah Orida as president and chief executive officer, effective Sept. 1. Most recently, Orida was senior managing director,…

  • By: Staff
  • July 22, 2022 July 26, 2022
  • 15:00

Top 5 HR, benefits and pension stories of the week

The appointment of the TTC pension plan’s first director of investment risk and analytics was the most-read story on BenefitsCanada.com over the last week. Here…

  • By: Staff
  • July 22, 2022 July 21, 2022
  • 09:00

Global employee engagement decreasing amid turbulent world events: survey

Global employee engagement is decreasing amid turbulent world events, such as the ongoing coronavirus pandemic, falling to 61 per cent in the first quarter of…

  • By: Staff
  • July 21, 2022 July 21, 2022
  • 15:00
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BCI pushes past $200BN mark with 7.4% returns in fiscal 2022

The British Columbia Investment Management Corp. generated returns of 7.4 per cent during the year ending on March 21, 2022, according to its annual report.…

  • By: Staff
  • July 21, 2022 July 21, 2022
  • 12:30

PSP selling portion of talent agency stake, OMERS investing in B2B service provider

The Public Sector Pension Investment Board is selling a portion of its stake in a talent agency expanding into the marketing advisory sector. Controlling interest…

  • By: Staff
  • July 21, 2022 July 21, 2022
  • 12:30
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Canadian pension plan sponsors increasingly concerned by broad-scale climate resilience of portfolios: report

Canada’s defined benefit pension plan sponsors are more concerned about broad-scale climate resilience in portfolios than they were before the coronavirus pandemic, according to a…

  • July 21, 2022 July 21, 2022
  • 12:00

Expert panel: DEI shaping employers’ innovation, profitability, but more work to be done

Diversity in leadership matters. It signals who belongs and shapes the aspirations of employees, as well as communities more broadly. In recent years, the convergence…

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63% of employees likely to stay in current role due to benefits package: survey

Nearly two-thirds (63 per cent) of employees say their current benefits package makes them at least somewhat more likely to remain with their employer, according…

  • By: Staff
  • July 21, 2022 July 20, 2022
  • 09:00
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Survey finds racialized employees are less comfortable discussing mental health at work

Black, Latinx and Asian American-Pacific Islander employees feel less comfortable engaging in mental-health conversations in the workplace than their white colleagues, according to a new…

  • By: Staff
  • July 20, 2022 July 20, 2022
  • 15:00
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More than 6.6M Canadians participating in employer-sponsored pension plans: StatsCan

The percentage of Canadians participating in an employer-sponsored pension plan continues to rise, with roughly 6.6 million plan members in 2020, up 57,000 from 2019,…

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

How employers can stave off the effects of doomscrolling on employee mental health

In the age of the #MeToo movement, the coronavirus pandemic and the global outcry for social justice, Canadians workers have been glued to their phones…

Amazon, Meta reassessing office expansions to accommodate hybrid work arrangements

Amazon.com Inc is pausing the construction of six new U.S. office buildings to re-evaluate the designs to better suit hybrid work. A report by Reuters…

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

TTC pension plan appointing Danny Ip director of investment risk and analytics

The TTC Pension Plan is appointing Danny Ip as its first director of investment risk and analytics. In the newly created role, Ip is responsible…

  • By: Staff
  • July 19, 2022 July 19, 2022
  • 12:45

AIMCo-backed venture acquiring U.K. rental assets, OMERS buying stake in drug royalty rights

The Alberta Investment Management Corp. is part of a joint venture acquiring a portfolio of U.K.-based residential apartment assets under construction. In a deal reached…

  • By: Staff
  • July 19, 2022 July 19, 2022
  • 12:30

Cigna focusing on ‘purposeful presence’ in return-to-work strategy

Cigna is focusing on ‘purposeful presence’ in its return-to-work strategy, amid the ‘Great Resignation’ and employees increasingly choosing roles that align with their values. The…

  • By: Staff
  • July 19, 2022 July 19, 2022
  • 09:00
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More work to be done in shrinking Canada’s gender pay gap: report

While Canada ranks No. 31 out of 145 countries for women’s labour force participation, its wage equality ranking sits at No. 71, according to a…

  • By: Staff
  • July 18, 2022 July 18, 2022
  • 15:00

Unifor workers at eight Ontario casinos ready to strike over pensions, benefits

Roughly 2,000 Unifor members at eight Ontario casinos have voted to strike if new pension and benefits agreements can’t be negotiated by midnight on July 22.…

  • By: Staff
  • July 18, 2022 July 18, 2022
  • 15:00

Hilton, Unifor agreement includes retirement, benefits enhancements

The union representing 60 employees at the Hilton Garden Inn in Ajax, Ont. has ratified a three-year agreement that includes retirement and benefits gains. The…

  • By: Staff
  • July 18, 2022 July 15, 2022
  • 09:00
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Hub entering strategic agreement with National Bank Insurance Firm

Hub International Canada West is entering a strategic agreement with National Bank Insurance Firm Inc. to acquire all of NBIF’s group insurance activities based in…

  • By: Staff
  • July 18, 2022 July 15, 2022
  • 09:00

A quarter of U.S. employers considering expansion of abortion services coverage: survey

A quarter (26 per cent) of U.S. employers are considering expanding the abortion services they cover, according to a new pulse survey by the International…

  • By: Staff
  • July 18, 2022 July 15, 2022
  • 09:00
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Percentage of employees working remotely decreasing amid lifting of pandemic restrictions: survey

The percentage of employees working exclusively from home is decreasing slightly — from 19 per cent in May to 18 per cent in June —…

  • By: Staff
  • July 15, 2022 July 13, 2022
  • 15:00

HBC Logistics, Unifor agreement includes benefits gains

The union representing more than 300 employees at HBC Logistics Ltd. warehouses in Scarborough, Ont. has ratified a three-year agreement that includes benefits gains. The…

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Thomson Reuters expanding remote work policy, sabbatical program

Thomson Reuters Corp. is introducing new benefits for its global employees, including an expanded ‘work from anywhere’ policy and a new sabbatical program. To build on…

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U.S. supplemental health insurance premiums totalled $1.1B in Q1 2022: surveys

In the first quarter of 2022, new annual premiums for supplemental health insurance products totalled $1.1 billion in the U.S., a six per cent increase from…

  • By: Staff
  • July 15, 2022 July 14, 2022
  • 09:00