Latest news in Benefits Canada News

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Mental-health resources improving employee productivity, retention: survey

A majority (88 per cent) of human resources professionals believe mental-health resources can increase productivity, employee retention (86 per cent) and organizational return on investment…

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

Half of SMEs struggling with mental-health challenges: survey

Half (50 per cent) of small- and medium-sized employers are having trouble coping with mental-health challenges after two years of the coronavirus pandemic, according to…

  • By: Staff
  • May 9, 2022 May 6, 2022
  • 09:00
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Majority of U.S. young employees switched jobs in last 2 years: survey

Almost two-thirds (61 per cent) of U.S. employees aged 25 to 35 have changed jobs in the last two years or are planning to make…

  • By: Staff
  • May 9, 2022 May 5, 2022
  • 09:00

Employers using flexibility, perks to ease return to workplace

Ian McGrath has made it clear to his bosses: if the company forces staff to return to the office, he’ll tender his resignation. The Halifax-area…

Only 18% of British Columbians using mental-health benefits: survey

While almost two-thirds (62 per cent) of British Columbians said they’re covered by either a group or personal health benefits plan, just 18 per cent…

  • By: Staff
  • May 6, 2022 May 5, 2022
  • 09:00

Top 5 HR, benefits and pension stories of the week

An article on how employers can support workers as a record number of Canadians prepare to retire was the most-read story on BenefitsCanada.com over the…

  • By: Staff
  • May 6, 2022 May 6, 2022
  • 09:00

DCIIA urging U.S. government to develop emergency savings plans

The Defined Contribution Institutional Investment Association is calling on the U.S. government to develop flexible emergency savings solutions for employees. The Washington, D.C.-based organization is…

  • By: Staff
  • May 6, 2022 May 6, 2022
  • 09:00

57% of workers expect return to office will positively impact well-being: survey

More than half (57 per cent) of U.S. employees expect a return to the office will have a positive impact on their well-being, while 12…

  • By: Staff
  • May 5, 2022 May 3, 2022
  • 15:00

Ontario Teachers’ leads investment round for benefits provider, OMERS backs battery company

The Ontario Teachers’ Pension Plan’s private equity arm is leading an investment round for a European health-care benefits provider. Teachers’ Venture Growth was the lead…

  • By: Staff
  • May 5, 2022 May 5, 2022
  • 12:30
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DB pension plans saw solvency gains, 5.3% losses in April: report

In spite of overall losses, Canadian defined benefit pension plans saw their financial positions improve on a solvency and accountancy basis in April, according to…

  • By: Staff
  • May 5, 2022 May 5, 2022
  • 11:00
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FSRA introducing whistleblower program to identify misconduct in pensions, financial services sectors

The Financial Services Regulatory Authority of Ontario is introducing a whistleblower program to more effectively identify misconduct in the pensions and non-securities financial services sectors.…

  • By: Staff
  • May 5, 2022 May 4, 2022
  • 09:00

BDO Canada using free lunches to entice employees back to the office

BDO Canada is offering free lunches at its Waterloo, Ont. office to draw employees back to the workplace. The program, offered through the Hungerhub app,…

Longevity pessimism poses risks to retirement planning: survey

By underestimating life expectancy, employees risk running out of money in retirement, according to a new survey by analytics firm Club Vita. The survey, which…

  • By: Staff
  • May 5, 2022 May 4, 2022
  • 09:00

In-office working creates meaningful experiences for employees: report

Employers that provides employees with the choice of where to work are the ones that will thrive in the post-pandemic world, according to a new…

  • By: Staff
  • May 4, 2022 May 3, 2022
  • 15:00

Alberta expanding bereavement leave policy to include parents experiencing miscarriage, stillbirth

Alberta’s government is proposing an amendment to provincial labour legislation that would extend bereavement leave to parents who’ve experienced a miscarriage or stillbirth. The proposed…

  • By: Staff
  • May 4, 2022 May 3, 2022
  • 09:00
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PIAC urging feds to allow tax-free mergers of target-date funds

The Pension Investment Association of Canada is urging the federal government to allow for tax-free mergers of maturing target-date funds. In a letter to the…

  • By: Staff
  • May 4, 2022 May 4, 2022
  • 09:00
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Provincial governments yet to complete review of Atlantic Lottery pension plan: auditors general

Despite a recommendation made by the four Atlantic provinces in 2016, a review of the Atlantic Lottery Corp.’s underfunded defined benefit pension plan has yet…

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Canadian DB pension plan losses hit 5.5% in Q1: report

Canada’s defined benefit pension plans saw average losses of 5.5 per cent in the first quarter of 2022, according to a new report by RBC Investor…

  • By: Staff
  • May 3, 2022 May 4, 2022
  • 11:30
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Caisse secures shares in consolidated rail company, Ontario Teachers’ redevelops Toronto mall

The Caisse de dépôt et placement du Québec is securing a share in a holding company consolidating two European high-speed rail companies. Alongside a group…

  • By: Staff
  • May 3, 2022 May 2, 2022
  • 09:00

How employers can support workers as record number of Canadians near retirement

With a record number of Canadians nearing retirement, employers can support workers through retirement planning initiatives and education, says one expert. According to a report…

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N.S. Teachers’ Pension Plan returns 9.63%, though solvency ratio remains below 85%

The Nova Scotia Teachers’ Pension Plan exceeded its return benchmark in 2021, though its solvency ratio on a growing-concern basis remains underwater, according to its…

  • By: Staff
  • May 3, 2022 May 2, 2022
  • 09:00

Best Buy adopting remote working-first approach for corporate staff

Best Buy Canada Ltd. is making its remote working model permanent for its 1,200 corporate office workers. Corporate employees began working remotely in the third…

U.S. employers offering new, additional voluntary benefits to retain, attract talent: survey

The percentage of U.S. employers offering new or additional voluntary benefits increased by 41 per cent during the 2022 enrolment period, according to a new…

  • By: Staff
  • May 2, 2022 April 29, 2022
  • 15:00

LifeLabs adding resources to support employee mental health

LifeLabs Inc. is marking Mental Health Week by offering additional mental-health resources including telemedicine through its benefits program. “We’re hoping it will provide a lot…

How CAA’s wellness app is evolving during the pandemic

67% of employees agree leaders effectively support their mental health: survey

While almost two-thirds (67%) of employees agree their leader effectively supports their mental health, there are still some key areas where they feel their leaders…

  • By: Staff
  • May 2, 2022 April 29, 2022
  • 09:00