Latest news in Benefits Canada News

Survey finds 67% of U.S. employees believe a four-day workweek would alleviate burnout

More than two-thirds (67 per cent) of U.S. employees believe a four-day workweek would alleviate their burnout, according to a survey by Eagle Hill Consulting Ltd. The…

  • By: Staff
  • May 2, 2022 May 2, 2022
  • 09:00
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401(k) providers offering cryptocurrency investment options to U.S. workers

More workers may soon be able to stake some of their 401(k) retirement savings to Bitcoin, as cryptocurrencies crack even deeper into the mainstream. Retirement…

2022 Workplace Benefits Awards opens for entries

Does your organization’s benefits plan or financial wellness program deserve recognition? Are you leading the way when it comes to supporting your employees’ mental health? Is…

  • By: Staff
  • April 29, 2022 April 29, 2022
  • 09:05
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Top 5 HR, benefits and pension stories of the week

A ruling by the Supreme Court of British Columbia on the B.C. Credit Union Employers’ Pension Plan’s normal retirement date was the most-read story on…

  • By: Staff
  • April 29, 2022 April 28, 2022
  • 09:00

30% of Canadians relying on workplace pension as primary source of retirement income: survey

Almost a third (29 per cent) of Canadians believe their employer-sponsored pension plan will be their primary source of retirement income, while 15 per cent…

  • By: Staff
  • April 29, 2022 April 28, 2022
  • 09:00

Ontario’s budget proposing framework for target-benefit pension plans

In its 2022 budget on Thursday, the Ontario government said it’s implementing a permanent target-benefit pension plan framework in 2023. The budget noted specified Ontario…

  • By: Staff
  • April 29, 2022 April 29, 2022
  • 09:00
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Metro, Unifor deal includes DB pension benefit increase

The union representing roughly 900 workers at Metro Inc. warehouses in Etobicoke, Ont. has ratified a new 4.5-year collective agreement that includes pension and benefits…

Majority of employees, executives missing at least one work day due to mental-health challenges: survey

The majority of chief executive officers (83 per cent) and employees (70 per cent) report missing at least one day of work due to stress,…

  • By: Staff
  • April 28, 2022 April 27, 2022
  • 15:00

Ontario Teachers’ investing in unicorn tax firm, PSP consolidating Australian cereal producers

The Ontario Teachers’ Pension Plan is investing in a unicorn firm behind a popular European tax app. The pension fund’s private equity subsidiary Teachers’ Venture…

  • By: Staff
  • April 28, 2022 April 28, 2022
  • 13:30

36% of racialized, Indigenous employees reporting psychological safety concerns: survey

More than a third (36 per cent) of racialized and Indigenous Canadian employees said they feel their colleagues may deliberately act in a way that…

  • By: Staff
  • April 28, 2022 April 27, 2022
  • 09:00

AIMCo appoints Jason Chang as senior managing director of fixed income

The Alberta Investment Management Corp. is appointing Jason Chang as senior managing director of fixed income. In the new role, Chang will oversee $35 billion…

  • By: Staff
  • April 28, 2022 January 10, 2023
  • 09:00
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U.S. employers financially impacted by employees’ deteriorating mental health: survey

Nearly three-quarters (71 per cent) of U.S. employers feel the deteriorating mental health of their workforce is having a negative financial impact on their companies,…

  • By: Staff
  • April 28, 2022 April 27, 2022
  • 09:00
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43% of employees considering switching jobs due to pay, growth opportunities: survey

Two-fifths (43 per cent) of global employees said they’re likely to quit their job in the next 12 months, citing factors such as higher total…

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

IMCO returns 9.6% in 2021, aims to expand investments in alternative assets

The Investment Management Corp. of Ontario saw returns of 9.6 per cent in 2021, according to its annual report. The IMCO’s assets under management rose…

  • By: Staff
  • April 27, 2022 April 27, 2022
  • 09:00
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Toronto software company offering virtual veterinarian service to pet-owning employees

A Toronto-based software company is offering a virtual veterinarian service through its benefits program. Nicola Watson, human resources manager at Tribalscale Inc., says pet-owning employees…

Ontario casinos, Unifor reach deals with improved pensions, benefits

The union representing workers at three Ontario casinos has ratified a series of collective agreements that will provide improved pensions and health benefits for employees.…

  • By: Staff
  • April 27, 2022 April 26, 2022
  • 09:00

U.K. institutional investors turning to renewables for portfolio diversification: survey

The overwhelming majority (92 per cent) of British institutional investors and wealth managers are planning to increase their allocations to renewable energy in order to…

  • By: Staff
  • April 26, 2022 April 20, 2022
  • 09:00
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CPPIB finances global restructuring, investment advisor; OMERS closes sustainable bond offering

The Canada Pension Plan Investment Board is providing $300 million in credit to a global restructuring and investment advisory firm. The financing of Gordon Brothers, a…

  • By: Staff
  • April 26, 2022 April 25, 2022
  • 09:00

B.C. court upholds pension plan’s decision to increase retirement age

The Supreme Court of British Columbia has upheld the B.C. Credit Union Employers’ Pension Plan’s decision to increase its normal retirement date to age 65…

  • By: Staff
  • April 26, 2022 April 25, 2022
  • 09:00

PSP Investments to support transition to global net-zero emissions by 2050

The Public Sector Pension Investment Board is committing to using its capital and influence to support a transition to net-zero emissions by 2050, according to…

  • By: Staff
  • April 26, 2022 April 26, 2022
  • 09:00
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Ontario NDP platform includes dental care, pharmacare, paid leave

Ontario’s New Democratic Party’s election platform includes universal dental care, mental-health care and pharmacare. Following the agreement reached between the federal Liberals and NDP in late…

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

Majority of Canadian employees at risk of burnout amid prolonged pandemic: survey

A majority (92 per cent) of Canadian employees feel they’re at risk of experiencing burnout as the coronavirus pandemic drags on, according to a new…

Canadian DB pension plans return -6.4% during heightened volatility in Q1: report

The median Canadian defined benefit pension plan experienced a pullback in investment returns during the first quarter of 2022, returning negative 6.4 per cent as…

  • By: Staff
  • April 25, 2022 April 26, 2022
  • 09:00

Feds’ proposed change to METC could expand workplace coverage of fertility services

With the federal government’s 2022 budget proposing to allow expenses related to fertility and surrogacy to be claimed by a wider range of individuals under…

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42% of U.S. employees likely to quit their job in coming months: survey

Two-fifths (42 per cent) of U.S. employees are likely to leave their job in the next three to six months, according to a new survey…

  • By: Staff
  • April 22, 2022 April 21, 2022
  • 15:00