Latest news in Benefits Canada News

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Top 5 HR, benefits and pension stories of the week

An expert panel about the impact of environmental, social and governance-focused target-date funds on capital accumulation plans was the most-read story on BenefitsCanada.com over the…

  • By: Staff
  • July 15, 2022 July 15, 2022
  • 09:00
How commuted-value calculation changes will impact lump-sum DB pension payments

Canadian DB pension plan assets declined 5.4 per cent in June: report

The value of a typical Canadian defined benefit pension plan’s assets declined in June, according to LifeWorks Inc.’s latest monthly report. An investment portfolio designed…

Caisse investing in wind and solar projects, AIMCo in German real estate

Caisse reinvesting in Indian power company, Ontario Teachers’ investing in New Zealand telecom towers

The Caisse de dépôt et placement du Québec is increasing its stake in an Indian power company. In an agreement reached with CLP Power India…

  • By: Staff
  • July 14, 2022 July 14, 2022
  • 12:00
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B.C. public sector pension plans schooling trustees with plan-specific curriculum

Four of British Columbia’s public sector pension plans are educating trustees with a new plan-specific curriculum. The curriculum — a collaboration between the College Pension…

IWA-Forest Industry pension plan appointing Mark Guiton as CEO

The IWA–Forest Industry pension plan and long-term disability plan are appointing Mark Guiton as chief executive officer. Guiton (pictured left), who has been the organizations’…

  • By: Staff
  • July 14, 2022 July 14, 2022
  • 09:00
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CAPSA’s risk management guideline committee seeking members for industry working group

The Canadian Association of Pension Supervisory Authorities’ risk management guideline committee is seeking nominations for an industry working group. The committee will draw on the group…

  • By: Staff
  • July 14, 2022 July 13, 2022
  • 09:00
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Employers, employees weighing trade-offs in move to four-day workweek

A four-day workweek sounds appealing to workers — and possibly alarming to employers. A bill introduced in the California legislature earlier this year proposed a…

Burnout tops list of reasons Canadian employees are considering leaving their jobs: survey

Three-fifths (60 per cent) of Canadian employees are considering leaving their job due to factors such as burnout and a lack of alignment with their…

  • By: Staff
  • July 13, 2022 July 13, 2022
  • 15:00
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U.S. employee health, well-being programs expected to yield 47% ROI in 2022: report

U.S. employer-sponsored health insurance and well-being programs are expected to yield an average return on investment of 47 per cent this year, according to a…

  • By: Staff
  • July 13, 2022 July 12, 2022
  • 09:00
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Cryptocurrency plunge a cautionary tale for U.S. public pension funds

When the Houston Firefighters Relief and Retirement Fund bought $25 million in cryptocurrencies with the fund’s chief investment officer touting their potential, retired fire Capt.…

CPPIB investing in discount grocery chain, OMERS acquiring infrastructure service provider

The Canada Pension Plan Investment Board is investing in a Colombian discount grocery chain. The US$335 million investment in D1, which is owned by the…

  • By: Staff
  • July 12, 2022 July 12, 2022
  • 11:00

58% of Canadian pre-retirees contributing to retirement savings: survey

While more than half (58 per cent) of employees within 10 years of retirement are contributing to retirement savings, only about a third (30 per…

  • By: Staff
  • July 12, 2022 July 11, 2022
  • 09:00

Expert panel: How ESG-focused TDFs could impact workplace CAPs

With the increased focus on integrating environmental, social and governance factors into pension plans, a new approach by BlackRock Inc. could have a significant impact on…

Survey finds 70% of large U.S. employers planning to enhance benefits plans in 2023

More than two-thirds (70 per cent) of large U.S. employers are planning to beef up their benefits plans in 2023 to enhance their attraction and…

  • By: Staff
  • July 12, 2022 July 11, 2022
  • 09:00

Employers facing hurdles covering abortion travel costs

After the U.S. Supreme Court revoked the federal right to an abortion that’s been in place for half a century, companies like Amazon.com Inc., Apple…

Dutch parliament moves to make remote working a right for employees

The Netherlands is making remote working a legal right for its citizens. On July 5, the Dutch bicameral parliament’s lower house passed legislation that forces employers…

  • By: Staff
  • July 11, 2022 July 11, 2022
  • 09:00
Loyalist College janitors’ new contract includes pension, sick days

Kleenzone, Unifor agreement includes enhanced bereavement leave

The union representing roughly 60 employees at Kleenzone Ltd. in Toronto has ratified a four-year agreement that includes enhanced bereavement leave. The agreement increases bereavement…

Calls for paid sick leave growing in Nova Scotia following end of coronavirus isolation requirement

Some Nova Scotians are calling for paid sick leave because they say the government’s decision to lift remaining coronavirus health orders will burden families who…

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Biden’s Ohio visit spotlights effort to rescue troubled MEPPs

Reassuring frustrated blue-collar voters, U.S. President Joe Biden on Wednesday visited Ohio iron workers to highlight federal action to shore up troubled pension funding for…

Top 5 HR, benefits and pension stories of the week

An article about Hootsuite providing employees with an extra week off this summer was the most-read story on BenefitsCanada.com over the last week. Here are…

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

Beneva expanding hybrid work policy, offering gender affirmation coverage

Beneva Inc. is enhancing its hybrid work policy to provide employees with more flexibility. The company is offering employees $1,000 to purchase ergonomic home office…

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CPPIB doubling-down on Korean industrial real estate, Caisse developing Brazilian rental properties

The Canada Pension Plan Investment Board is making a second contribution to a real estate joint venture expanding its industrial warehouse portfolio in Korea’s largest…

  • By: Staff
  • July 7, 2022 July 7, 2022
  • 12:00

Quebec paramedics striking for lower DB pension plan retirement age, equitable pay

Paramedics from 40 ambulance services across Quebec are striking to lower the required retirement age for their defined benefit pension plan and for pay equity…

  • By: Staff
  • July 7, 2022 July 6, 2022
  • 09:00