Latest news in Benefits Canada News

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United Way B.C., CUPE reach agreement to improve mental-health coverage

The United Way British Columbia and the union representing the organization’s employees have reached an agreement to increase extended mental-health coverage. The coverage, which has…

  • By: Staff
  • April 22, 2022 April 21, 2022
  • 09:00

33% of Canadians say employer doesn’t offer workplace addiction support: survey

A third (33 per cent) of Canadians say their employer doesn’t offer workplace addiction support programs, according to LifeWorks Inc.’s latest mental-health index. The survey,…

  • By: Staff
  • April 22, 2022 April 21, 2022
  • 09:00
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Top 5 HR, benefits and pension stories of the week

An announcement regarding long-awaited amendments to the Patented Medicines Review Board regulations was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • April 22, 2022 April 21, 2022
  • 09:00

Employee recognition has larger impact on engagement, productivity than salary: survey

More than half (57 per cent) of employees say feeling recognized in their current role would reduce the likelihood that they’d take a call from…

  • By: Staff
  • April 21, 2022 April 19, 2022
  • 15:00

CPPIB investing in energy storage provider, Ontario Teachers’ in Indian roads

The Canada Pension Plan Investment Board is investing $31.25 million in a Toronto-based energy storage provider. Hydrostor Inc. provides utility integration services related to long-duration…

  • By: Staff
  • April 21, 2022 April 20, 2022
  • 11:00
Alberta government facing backlash after changing terms of public-sector pensions

AIMCo returns 14.7% in record-breaking year

The Alberta Investment Management Corp. secured a return of 14.7 per cent in 2021, according to a press release. During the year, the AIMCo’s assets under…

  • By: Staff
  • April 21, 2022 July 6, 2022
  • 11:00

Sounding Board: Why institutional investors should consider sustainable infrastructure

How often does today’s news present stories about environmental issues? Climate change, pollution, overpopulation, deforestation, biodiversity degradation — the list is endless and these long-term…

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Ontario municipality introducing four-day workweek

The Township of Springwater, Ont. is introducing a four-day workweek as part of a five-month pilot program to improve work-life balance for municipal employees. Starting…

  • By: Staff
  • April 21, 2022 April 20, 2022
  • 09:00
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Survey finds 84% of U.S. workers questioning ability to prioritize retirement savings amid rising inflation

Due to inflation, a majority (84 per cent) of U.S. employees believe their money doesn’t go as far as it used to, leaving many to…

  • By: Staff
  • April 21, 2022 April 21, 2022
  • 09:00

96% of U.S. employers say workers are stressed amid ongoing pandemic: survey

As the coronavirus pandemic continues, 96 per cent of U.S. employers say their employees are stressed out, with 58 per cent saying they’re “somewhat” stressed…

  • By: Staff
  • April 20, 2022 April 20, 2022
  • 15:00

What are the top countries for work-life balance?

The top three countries in the world for work-life balance are the Netherlands, Switzerland and Sweden, according to a new report by global employee benefits…

  • By: Staff
  • April 20, 2022 April 20, 2022
  • 09:00

Ontario Teachers’ renames venture capital arm, unveils growth plan

The Ontario Teachers’ Pension Plan is renaming its venture capital and global private equity arm. Previously known as the Teachers’ Innovation Platform, the arm will…

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

UPP appointing Christophe L’Ahelec as head of public markets

The University Pension Plan is appointing Christophe L’Ahelec as head of public markets. L’Ahelec, who advised the UPP on the implementation of its investment activities in…

  • By: Staff
  • April 19, 2022 April 21, 2022
  • 12:30

OMERS selling infrastructure subsidiary, Caisse building Texas office tower

The Ontario Municipal Employees Retirement System is selling its maritime infrastructure subsidiary. The deal with VINCI Concessions Canada Inc. will see the OMERS hand off BPC…

  • By: Staff
  • April 19, 2022 April 19, 2022
  • 11:00

Retirement-age employees fear low interest rates, rising inflation will impact retirement income: survey

More than half (61 per cent) of U.S. employees nearing retirement age believe low interest rates combined with rising inflation will make it difficult to…

  • By: Staff
  • April 19, 2022 April 18, 2022
  • 09:00

Targeted Strategies Group using benefits scoring tool to enhance plan design

Using a real-time benefits scoring tool, Targeted Strategies Group is making changes to its benefits plan to enhance its employee value proposition amid a tight…

PMPRB drug pricing regulations officially coming into effect this July

After multiple delays, the amendments to the Patented Medicines Review Board regulations will finally come into force on July 1, 2022. Last week, Health Minister Jean-Yves Duclos…

  • By: Staff
  • April 19, 2022 April 18, 2022
  • 09:00

Key stakeholders highlighting value of private payer health care amid plans for dental, pharmacare programs

Amid plans by the federal government to introduce national dental and pharmacare programs, key stakeholders in the private payer health-care sector should highlight the value…

70% of Canadian employees have experienced workplace violence or harassment: survey

Seven in 10 Canadian employees have experienced some form of violence and harassment at work, according to a survey by the Canadian Labour Congress in…

  • By: Staff
  • April 14, 2022 April 14, 2022
  • 14:45

Caisse on track to meet ESG goals, according to sustainable investing report

The value of low-carbon investments held by the Caisse de dépôt et placement du Québec has more than doubled since 2017, according to its annual…

  • By: Staff
  • April 14, 2022 April 13, 2022
  • 09:05

Top 5 HR, benefits and pension stories of the week

A story that took an in-depth look at the federal government’s 2022 budget proposals and their potential impacts on employers and employees was the most-read…

  • By: Staff
  • April 14, 2022 April 13, 2022
  • 09:05

Dialogue acquiring U.K.-based health and wellness platform

Dialogue Health Technologies Inc. is acquiring U.K.-based Tictrac Ltd., a provider of a global health and wellness platform, for up to $56 million. Tictrac supports…

  • By: Staff
  • April 14, 2022 April 13, 2022
  • 09:02

A closer look at the feds’ proposed borrowing flexibility rule for DB pensions

Last week’s federal budget proposed more borrowing flexibility for registered defined benefit plans. The proposal would replace the historical 90-day term limit on short-term borrowing…

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Canadian pension funds top global transparency ranking: report

Canadian pension plans are the most transparent in the world, according to a new report by Top1000funds.com and CEM Benchmarking Inc. The report, which uses…

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