Latest news in Benefits Canada News

Alberta county will no longer hire businesses with vaccination policies

Alberta’s largest and most northern county says it’s no longer working with local businesses that have a mandatory vaccination policy. Mackenzie County says businesses that…

Employers expanding equity compensation programs to attract, retain talent: survey

Nearly half (47 per cent) of employers say their workforce attrition was higher in 2021 than it was in 2020, according to a survey by…

  • By: Staff
  • February 23, 2022 May 20, 2022
  • 09:00
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How SAP is helping employees celebrate Black History Month

SAP Canada is celebrating Black History Month with events that bring employees together to focus on their health and wellness. During the month of February,…

38% of U.S. employees increased 401(k) contributions in 2021: survey

More than a third (38 per cent) of U.S. employees increased their 401(k) contributions by an average of three per cent in 2021, according to…

  • By: Staff
  • February 22, 2022 February 22, 2022
  • 15:00

Expert panel: How employers can help employees struggling with burnout

Workplace burnout isn’t always easy to talk about, but after living through nearly two years of the coronavirus pandemic, employers really can’t avoid it —…

AIMCo, HOOPP, IMCO, PSP join consortium acquiring Australian energy network; Caisse-backed firm acquires investment platform business

A consortium including several of Canada’s largest institutional investors is acquiring an Australian energy network. The Alberta Investment Management Corp., the Healthcare of Ontario Pension…

  • By: Staff
  • February 22, 2022 February 28, 2022
  • 09:00

Ontario court refuses appeal over workers’ right to sue for wrongful dismissal in cases of chronic stress

The Ontario Court of Appeal is refusing to consider an appeal from Ontario’s Divisional Court judgement that affirmed employees’ right to sue for wrongful and…

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U.S. employers, employees divided on well-being support, voluntary benefits: survey

While 68 per cent of employers said they’ve enhanced their well-being value proposition as a result of the coronavirus pandemic, only 51 per cent of…

  • By: Staff
  • February 22, 2022 February 18, 2022
  • 09:00

Top 5 HR, pension and benefits stories of the week

A story on KPMG in Canada helping staff refresh and recharge by making every weekend a long weekend this summer took the top spot over…

  • By: Staff
  • February 18, 2022 February 18, 2022
  • 09:00

Employees consider flexible hours, more sick days most important support tools: survey

Nearly a third (31 per cent) of employees believe flexible hours and more sick days are the support tools they need most from employers as…

  • By: Staff
  • February 18, 2022 February 18, 2022
  • 09:00
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46% of employers lacking clear benefits, recognition and rewards strategy: survey

Almost half (46 per cent) of employers say their organizations currently lack clear benefits, recognition and rewards strategies, according to a new survey by Arthur…

  • By: Staff
  • February 18, 2022 February 17, 2022
  • 09:00
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Thomson Reuters offering workplace flexibility, enhanced paid leave

Thomson Reuters Corp. is providing employees with additional flexibility and paid leave to further support well-being and work-life balance. The media company is allowing employees…

  • By: Blake Wolfe
  • February 18, 2022 February 20, 2022
  • 09:00
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Equities, inflation, legislative changes push annuity transaction volume to record highs

The strength of equities was among the factors pushing the transaction volume of Canada’s group annuities market to a record high in 2021, according to…

Majority of Ontario’s DB pension plans more than fully funded: report

The average Ontario defined benefit pension plan is in the best funded position since December 2009, according to the Financial Services Regulatory Authority of Ontario’s…

  • By: Staff
  • February 17, 2022 February 17, 2022
  • 12:00

BCI launches timberlands management company, Ivanhoé invests in real estate technology fund

The British Columbia Investment Management Corp. is jointly sponsoring the launch of a company managing timberland assets located in the southeastern U.S. Together with the…

  • By: Staff
  • February 17, 2022 February 16, 2022
  • 11:00

FSRA opens consultation on proposed pension benefits guarantee fund guidance

The Financial Services Regulatory Authority of Ontario is consulting on proposed pension benefits guarantee fund assessment deadlines and calculations guidance, which is designed to assist plan administrators…

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

PSP Investments publishes green bond framework

The Public Sector Pension Investment Board is publishing a green bond framework, which is aligned with existing standards in green bond and sustainable debt markets.…

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

39% of Canadians are confident in their retirement plan: survey

Almost two in five (39 per cent) Canadians are confident in their retirement plan, according to a survey conducted by Pollara Strategic Insights for the…

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

Unvaccinated workers in Canada, U.S. and Zimbabwe facing unpaid leaves, terminations

While coronavirus vaccine mandates for employees have become a flashpoint in Canada recently, these types of mandates continue to be upheld in several jurisdictions around…

Alberta’s plan to enter the captive insurance market could have benefits for employers

Alberta’s move to enter the captive insurance market could have significant benefits for employers in the province. On Dec. 2, 2021, the province’s proposed Bill…

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Survey finds U.S. employees split on use of voluntary benefits offerings

While 70 per cent of benefits-eligible U.S. workers said they’re more likely to work for an employer that offers employee-paid voluntary benefits, just 49 per…

  • By: Staff
  • February 16, 2022 February 16, 2022
  • 09:00

Ontario non-profit joining CAAT’s DBplus pension

Community Living York South is joining the Colleges of Applied Arts and Technology pension plan’s DBplus. “After much research and consultation, we felt it was…

  • By: Staff
  • February 16, 2022 February 15, 2022
  • 09:00
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Majority of Canadian employees in favour of four-day workweek: survey

Almost four in five (79 per cent) Canadian full-time employees said they’re willing to work four 10-hour days per week at their current rate of…

  • By: Staff
  • February 15, 2022 February 15, 2022
  • 15:00

Neil Cunningham to step down as PSP president and CEO next year

Neil Cunningham is stepping down from his role as president and chief executive officer at the Public Sector Pension Investment Board on March 31, 2023.…

  • By: Staff
  • February 15, 2022 February 14, 2022
  • 09:00

OMERS sells stake, reinvests in dermatology network; CPPIB invests in NZ investment platform

The Ontario Municipal Employees’ Retirement System is selling its interest in a group operating dermatology clinics in the U.S. The institutional investor will sell its…

  • By: Staff
  • February 15, 2022 February 14, 2022
  • 09:00