Latest news in Benefits Canada News

UPP appointing chief engagement and strategy officer, senior director of engagement

The University Pension Plan is appointing Kathy Johnson as chief engagement and strategy officer and Andrew Naples as senior director of engagement. Johnson will lead…

  • By: Staff
  • June 16, 2022 June 15, 2022
  • 09:00

Diverse employees less likely to feel they belong at work, despite strong sense of well-being: survey

Employees who identify with three or more dimensions of diversity — such as gender, race or sexuality — have a stronger sense of well-being at…

  • By: Staff
  • June 15, 2022 June 15, 2022
  • 15:00
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CAPSA seeking feedback on risk management guidelines

The Canadian Association of Pension Supervisory Authorities is seeking feedback on three risk management guidelines. The guidelines will cover pension plans’ use of leverage, cyber…

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

Employers can expect surge of claims linked to long-haul coronavirus, remote work injuries: lawyers

As the pandemic winds down, employers can expect to see an increase in disability claims related to long-haul coronavirus infections and compensation claims resulting from…

74% of employers say cost is most important part of benefits plan design, review: survey

Three-quarters (74 per cent) of employers cite cost as the most important aspect to consider when designing and reviewing their benefits plans, followed by employee…

Fund backed by CPPIB, OMERS acquiring Indian road portfolio; CPPIB investing in life sciences service provider

A fund backed by the Canada Pension Plan Investment Board and the Ontario Municipal Employees’ Retirement System is buying a stake in Indian road projects.…

  • By: Staff
  • June 14, 2022 June 14, 2022
  • 12:00
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Metro, Teamsters agreement includes enhanced health benefits

The union representing 120 employees at Metro Inc. warehouses in Ottawa has ratified a five-year agreement that includes multiple benefits gains. The agreement includes a…

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

45% of remote, hybrid workers seeing improvement in performance: survey

More than two-fifths (45 per cent) of employees who work remotely or in a hybrid arrangement say their teams’ performance improved during the past two…

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

Employers should walk, not run back to onsite working: experts

More than two years after the coronavirus pandemic shifted many white-collar employees to remote working, some employers are planning their return to the office —…

U.S. FTC plans inquiry into pharmacy benefits manager practices

The Federal Trade Commission is launching an inquiry into the operations of pharmacy benefits managers that control access to prescription drugs for millions of Americans.…

Peak Benefits Solutions, Park Place Financial expanding Ontario operations

Peterborough, Ont.’s Peak Benefit Solutions Inc. and companion company Park Place Financial Ltd. are expanding operations in southern Ontario. The companies merged with employee benefits…

  • By: Staff
  • June 13, 2022 June 10, 2022
  • 09:00

74% of employers hiring external candidates for leadership roles: survey

While 88 per cent of global executives say their organizations use succession planning, 74 per cent report their organizations often or always hire external candidates…

  • By: Staff
  • June 13, 2022 June 10, 2022
  • 09:00
NL’s College of Physicians and Surgeons latest employer to join DBplus pension

NL permitting electronic naming of beneficiaries for pensions, retirement plans

Pension and retirement plan members in Newfoundland and Labrador can now designate beneficiaries through electronic means. The amendment allows individuals to name beneficiaries electronically for…

  • By: Staff
  • June 10, 2022 June 10, 2022
  • 15:00
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HOOPP approves pension increase for active members

The Healthcare of Ontario Pension Plan is increasing its lifetime pension for all active plan members effective Jan. 1, 2023. As an example, under the…

  • By: Staff
  • June 10, 2022 June 13, 2022
  • 09:25

Top 5 HR, benefits and pension stories of the week

An article on how pension plans are approaching risk management was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…

  • By: Staff
  • June 10, 2022 June 9, 2022
  • 09:00

3M’s 2021 Workplace Benefits Awards-winning programs empowering employees to take stock of their health, wellness

3M Canada’s two 2021 Workplace Benefits Awards wins are empowering employees to take control of their health and wellness journey, says Jacqueline McLennan, the company’s…

An in-depth look at LGBTQ+ benefits

Scotiabank marking Pride Month by increasing LGBTQ2S+ employee representation targets

Scotiabank is marking Pride Month by setting new targets for LGBTQ2S+ representation and connecting employees with volunteering opportunities in a range of communities. Dominic Cole-Morgan,…

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PSP Investments returns 10.9% due to strong alternatives performance

The Public Sector Pension Investment Board returned 10.9 per cent — or $19.7 billion — across is total portfolio in the 2022 fiscal year. Between…

  • By: Staff
  • June 10, 2022 June 9, 2022
  • 09:00

Candu Energy gives employees just one day’s notice to return to in-person work: union

Employees at Candu Energy Inc. were given just one business day’s notice to return to full-time onsite work, according to the union representing engineers, scientists and…

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

Procter & Gamble Canada hosting Pride events for employees, providing inclusivity training

Procter & Gamble Canada is marking Pride Month with two events for employees to discuss diversity, equity and inclusion issues. On June 14, the consumer…

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Alberta seeking feedback on private sector pension legislation

The Alberta government is gathering feedback from stakeholders to help inform potential legislative and policy updates for private sector pension laws. The consultation will focus…

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

U.S. employee resignations jumped by 41% in 2022: survey

U.S. employers saw a 41 per cent spike in voluntary employee departures in 2022, according to a new survey by Aon. The survey, which polled…

  • By: Staff
  • June 8, 2022 June 8, 2022
  • 15:00
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Remote, hybrid work creating schism among employees

Employees like Matt Fairbanks are one of the reasons the hospitality and restaurant industry is struggling to find workers even as the coronavirus pandemic wanes.…

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44% of employers believe remote work a factor for women leaving the workforce: survey

More than two-fifths (44 per cent) of employers believe remote working has led women to exit the workforce due to the potential for longer workdays,…

  • By: Staff
  • June 8, 2022 June 7, 2022
  • 09:00
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HOOPP unveils updated plans to reduce emissions in real estate portfolio

The Healthcare of Ontario Pension Plan is planning to reduce the greenhouse gas emissions of its $20 billion real estate portfolio. According to a new…

  • By: Staff
  • June 7, 2022 June 7, 2022
  • 12:30