Latest news in Benefits Canada News

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Ottawa named a top city for work-life balance: report

Ottawa is among the world’s top cities for work-life balance, according to a new report by information technology company Kisi Inc. The report, which assessed…

  • By: Staff
  • May 30, 2022 May 30, 2022
  • 15:00

Women CEOs’ compensation up 26% in 2021, but ranks remain small

Median pay for women occupying the corner office rose to nearly $16 million, according to an annual survey by Equilar Inc. for The Associated Press.…

Scotiabank supporting employee financial well-being with pension info sessions

Scotiabank is supporting its employees’ financial well-being with a week of information sessions in June. Ayman Alvi, director of global benefits at Scotiabank, says the…

Saskatchewan permitting electronic naming of beneficiaries for pensions, retirement plans

Pension and retirement plan members in Saskatchewan can now designate beneficiaries through electronic means. The provincial government recently passed a series of amendments regarding the…

  • By: Staff
  • May 27, 2022 May 27, 2022
  • 15:00

Top 5 HR, benefits and pension stories of the week

An article on how employers can create health benefits and retirement plans for gig workers was the most-read story on BenefitsCanada.com over the last week.…

  • By: Staff
  • May 27, 2022 May 26, 2022
  • 09:00
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Resolute Forest Products, Unifor agreement includes enhanced health benefits

The union representing 700 employees at Resolute Forest Products has ratified an agreement that includes benefits gains. Unifor members working in Resolute’s paper mills voted…

Survey finds 56% of U.S. employees expecting less than $500K in retirement savings

While U.S. employees say it takes $1.1 million in savings, on average, to retire comfortably, 56 per cent expect to have less than $500,000 saved,…

  • By: Staff
  • May 27, 2022 May 27, 2022
  • 09:00

29% of employers prioritizing workers’ physical, mental health amid labour shortage: survey

More than a quarter (29 per cent) of global employees said their employers are focusing on supporting workers’ physical and mental well-being to address growing skills…

  • By: Staff
  • May 26, 2022 May 26, 2022
  • 15:00
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OMERS enters joint venture to redevelop Berlin complex, CAAT reaches deal with CIBC Mellon

The real estate arm of the Ontario Municipal Employees’ Retirement System is entering a joint venture to manage the Sony Centre in Berlin. The Oxford…

  • By: Staff
  • May 26, 2022 May 26, 2022
  • 13:15
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Survey finds U.S. employees switching jobs for higher pay, better workplace culture

More than half (59 per cent) of U.S. workers say it would be easy to find a new job and many have taken or plan…

  • By: Staff
  • May 26, 2022 May 26, 2022
  • 09:00
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Women held just 19% of board seats in 2019: Stats Can

Women made up roughly 19 per cent of corporate board seats in 2019, an increase from 18 per cent the year before, even though the…

45% of Canadians say pandemic continues to impact mental health: survey

Close to half (45 per cent) of Canadians say the ongoing coronavirus pandemic has negatively impacted their mental health, according to LifeWorks Inc.’s latest mental-health…

  • By: Staff
  • May 25, 2022 May 25, 2022
  • 15:00

More employer support needed for parents of teens facing mental-health challenges: survey

More than half (55 per cent) of U.S. working parents say they aren’t receiving enough support from their employer while having to care for their…

  • By: Staff
  • May 25, 2022 May 26, 2022
  • 15:00

Most U.S. employers haven’t embedded DEI, accessibility initiatives into daily processes: survey

While most U.S. employers have committed to diversity, equity and inclusion and accessibility initiatives, the majority haven’t embedded these initiatives into their daily processes, according to…

  • By: Staff
  • May 24, 2022 May 24, 2022
  • 15:00

OMERS’ real estate arm developing French laboratories, PSP-backed firm investing in Tokyo data centre

The real estate arm of the Ontario Municipal Employees’ Retirement System is entering a long-term strategic partnership to develop commercial laboratories in France. In the…

  • By: Staff
  • May 24, 2022 May 24, 2022
  • 13:00

Just 1% of institutional investors remain ESG non-adopters: survey

Only one per cent of institutional investors described their organizations as non-adopters of environmental, social and governance investing criteria, according to a survey from Capital Group. The…

  • By: Staff
  • May 24, 2022 May 24, 2022
  • 12:30

Ontario Teachers’ real estate arm adopting carbon reduction targets

Cadillac Fairview is adopting a series of sustainable investing goals to help its portfolio achieve carbon neutrality by 2050. The real estate arm of the…

  • By: Staff
  • May 24, 2022 May 24, 2022
  • 12:30
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Hitachi, Unifor agreement includes DB, DC pension increases, enhanced health benefits

The union representing employees at a Hitachi Construction Truck Manufacturing Ltd. plant in Guelph, Ont. has ratified an agreement that includes pension and benefits gains.…

  • By: Staff
  • May 24, 2022 June 22, 2022
  • 09:00
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Expert panel: How employers can design health benefits, retirement plans for gig workers

Whether they’re delivering takeout, chauffeuring passengers, or fixing leaky sinks, most gig workers in Canada don’t get benefits. Classified as independent contractors rather than employees,…

Employers adjusting benefits, compensation amid inflation, labour shortage: survey

More than half of Canadian employers have considered adjusting employee rewards and benefits (57 per cent) and salary/wages (55 per cent) to contend with rising…

  • By: Staff
  • May 20, 2022 May 20, 2022
  • 15:00
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Top 5 HR, benefits and pension stories of the week

A decision by a British Columbia labour arbitrator on how a drug cost-control program violated a collective agreement was the most-read story on BenefitsCanada.com over…

  • By: Staff
  • May 20, 2022 May 20, 2022
  • 09:00
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Chief actuary seeking external panel for CPP review

The office of the chief actuary is seeking an external peer review panel for its next actuarial report on the Canada Pension Plan. The external…

  • By: Staff
  • May 20, 2022 May 18, 2022
  • 09:00

Capital One Canada fostering employee well-being through learning, development

Capital One Canada is providing employees with a free subscription to virtual learning platform MasterClass, to further their career development and foster their overall well-being. “Everybody…

Employee recognition key to retaining talent: survey

Half (53 per cent) of employees who believe their work isn’t authentically recognized by their employer are actively looking for a new job, compared to…

  • By: Staff
  • May 19, 2022 May 19, 2022
  • 15:00
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CPPIB ends fiscal year with 6.8% return, despite final quarter contractions

Canada Pension Plan Investment Board generated returns of 6.8 per cent during its fiscal year, which ended on March 31, 2022. The institutional investor’s assets…

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