Latest news in Benefits Canada News

ACPM calling on PEI to allow automatic features in workplace pension plans

The Association of Canadian Pension Management is calling on Prince Edward Island’s pension regulator to amend the Employment Standards Act to facilitate auto-enrolment and auto-escalation…

  • By: Staff
  • March 22, 2022 March 21, 2022
  • 09:00
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Workers back on the job at noon after CP Rail and union agree to final arbitration

Canadian Pacific Railway Ltd. and the union representing 3,000 conductors, engineers and train and yard workers say they have agreed to final and binding arbitration…

A third of Canadians are altering career goals amid pandemic: survey

As the coronavirus pandemic continues, a third (30 per cent) of Canadians have altered their career goals, with workers aged 40 and younger more likely to…

  • By: Staff
  • March 21, 2022 March 21, 2022
  • 09:00
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OSFI launching consultation on management of pension investment risk

The Office of the Superintendent of Financial Institutions is launching an eight-week consultation on the management of investment risk by federally regulated pension plans. Along…

  • By: Staff
  • March 21, 2022 March 18, 2022
  • 09:00

Just 52% of Canadians confident they’re saving enough for retirement: survey

While a majority (75 per cent) of Canadians are making their financial wellness a priority in 2022, only 52 per cent expressed confidence about the retirement…

  • By: Staff
  • March 18, 2022 March 18, 2022
  • 15:00

Juno College phasing in a four-day workweek for all employees

Juno College of Technology is one of many employers implementing a four-day workweek in 2022. During the summer of 2021, Heather Payne, the college’s chief…

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Half of Canadian employees prioritizing health, well-being ahead of work: survey

Half (50 per cent) of Canadian workers are now more likely to prioritize their health and well-being over work, compared to a global average of…

  • By: Staff
  • March 18, 2022 March 17, 2022
  • 09:05
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Caisse financing global search platform, CPPIB acquires ceramic manufacturer

The Caisse de dépôt et placement du Québec alongside several partners are participating in a US$120 million Series B funding round for a global job…

  • By: Staff
  • March 18, 2022 March 17, 2022
  • 09:05

Trusteed pension funds’ assets valued at $2.18T in Q3: StatsCan

The market value of assets held by Canadian trusteed pension funds rose 1.8 per cent to $2.18 trillion in the third quarter of 2021, up from $2.14…

  • By: Staff
  • March 18, 2022 March 17, 2022
  • 09:05

Top 5 HR, pension and benefits stories of the week

The announcement of a new multi-employer pension plan for Canadian physicians was the most read story over the past week on BenefitsCanada.com. Here are the five…

  • By: Staff
  • March 18, 2022 March 17, 2022
  • 09:01
Editorial

Editorial: Benefits, pension plans continue to feel the impact of the pandemic

This month marks the two-year anniversary of the World Health Organization declaring the coronavirus a global pandemic. In some ways, we’ve come a long way…

Head to Head: Should the U.S. ESOP structure be brought to Canada?

Canadian employers should consider the pros and cons of employee share ownership plans on both sides of the border. Loren Rodgers, executive director of the…

How LifeLabs redesigned its RRSP-DPSP to maximize employee engagement

In 2020, LifeLabs Inc. embarked on a year-long journey to redesign its group registered retirement savings plan and deferred profit-sharing plan to make them less…

What do rising inflation, interest rates mean for pension de-risking?

After navigating the unpredictable markets of the past two decades, some defined benefit pension plan sponsors could be forgiven for wanting to seek out some…

2022 Drug Plan Trends Report: High-cost drugs, DEI shaping drug plans

This month marks the second anniversary of the beginning of the coronavirus pandemic, a 24-month span that has had profound effects on the health of…

Pension plan sponsors push on with real estate investments despite Omicron setback

Right from the very beginning, the coronavirus pandemic has taken Canadian real estate investors on a wild ride. After the freefalling panic of March 2020,…

A look at the U.K.’s menopause-supportive workplaces

While global employers are introducing inclusive benefits and programs to support employees across all life stages, many U.K.-based companies are shifting their focus to one…

How employers are navigating return-to-office plans

Office workers used to, well, work in offices. Then the coronavirus pandemic hit. Since it was first declared, entire organizations — from the chief executive…

Q&A with LinkedIn’s Nina McQueen

LinkedIn Corp.’s vice-president of employee experience and benefits discusses staff well-being, connecting co-workers and creating short films. Q: What top challenges do you face in…

Lyft allowing office workers to choose where to live and work

Ride-share company Lyft Inc. is introducing a flexible working strategy. In a blog post, Kristin Sverchek, the organization’s president of business affairs, said almost all new…

  • By: Staff
  • March 17, 2022 March 16, 2022
  • 15:00
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73% of U.S. employees seeking additional financial wellness resources: survey

Three-quarters (73 per cent) of U.S. employees said their employer needs to offer more resources to help them manage their personal finances, according to a…

  • By: Staff
  • March 17, 2022 March 16, 2022
  • 09:00
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CAAT reports 11% average 10-year net return

The Colleges of Applied Arts and Technology pension plan increased its average 10-year net return to 11 per cent and outperformed its benchmark, according to…

  • By: Staff
  • March 17, 2022 March 16, 2022
  • 09:00

AIMCo appointing Paul Mouchakkaa as head of real estate

The Alberta Investment Management Corp. is appointing Paul Mouchakkaa as senior managing director and head of real estate, effective May 2, 2022. In the role, Mouchakkaa…

  • By: Staff
  • March 17, 2022 March 16, 2022
  • 09:00

Canadian financial institutions phasing in employees’ re-entry to workplaces

Employees from various financial institutions will once again be pounding the pavement as they begin returning to their respective offices starting this week. The Canadian…

Carbon credit schemes offer attractive risk-adjusted returns: CPPIB report

Nature-based mitigants to climate change will offer attractive risk-adjusted returns to investors, according to a new report from the Canada Pension Plan Investment Board. Natural…

  • By: Staff
  • March 16, 2022 March 16, 2022
  • 12:20