Latest news in Benefits Canada News

Employers, unions split on ‘right-to-disconnect’ legislation: advisory committee

An advisory group tasked with recommending how Canada should handle the right to disconnect after work hours was split on whether the country should adopt…

KPMG is turning every weekend into a long weekend for employees this summer

This summer, KPMG in Canada is helping staff refresh and recharge by making every weekend a long weekend. As the country prepares to enter the…

Copyright_alexmia_123RF

University Pension Plan integrating DEI into investment strategy

The University Pension Plan is integrating diversity, equity and inclusion measures into its investment strategy. The pension plan sponsor’s responsible investing policy considers environmental, social…

  • By: Blake Wolfe
  • February 14, 2022 February 14, 2022
  • 09:00

CPPIB promising to make portfolio net zero by 2050

The Canada Pension Plan Investment Board is committing to making its portfolio net zero by 2050, but says it won’t be making any blanket divestments. The organization…

Top 5 HR, pension and benefits stories of the week

Diversity, equity and inclusion are top of mind during Black History Month, so it’s no surprise two of the top five stories over the past week…

  • By: Staff
  • February 11, 2022 February 11, 2022
  • 09:05
Editorial

Editorial: Focus on mental health a Catch-22

It’s a Catch-22, this rise in the focus on mental health. Nearly two years after the coronavirus became a household name, employers are still ramping…

Head to head: Should psychedelics be used in the treatment of mental-health conditions?

Hallucinogens like ecstasy and magic mushrooms are being used in the treatment of depression and post-traumatic stress disorder, but the risks may outweigh the benefits.…

Employers continue to highlight mental-health supports, prioritize staff well-being

Landing in the emergency room in the middle of the night was a wake-up call for Margaret Eaton. She started a new job as the…

How are pension plan sponsors approaching investments in 2022?

Nearly two years after the declaration of the global coronavirus pandemic and its subsequent impact on the worldwide economy, institutional investors are looking to the…

  • By: Blake Wolfe
  • February 11, 2022 March 11, 2022
  • 08:55

Employers building relevant financial wellness programs for both DB, DC pension members

Canadian Forest Products Ltd.’s new financial wellness program may have originated as the brainchild of its defined contribution pension plan committee, but it’s just as…

How to build a psychologically safe workplace

Making mental health and well-being the foundation of an organization’s culture wields success for employers. Well before the coronavirus pandemic put mental health in the…

Bruce Power using asset-liability studies, rebalancing to protect pension fund

As a nuclear power provider, Bruce Power’s culture emphasizes the importance of risk-averseness. This is reflected in the company’s efforts to secure the indexed benefits…

Connecting DEI initiatives to employees’ mental well-being

IKEA Canada’s diversity, equity and inclusion initiatives are helping employees step into the shoes of their fellow workers and highlighting how DEI and employee mental…

Copyright_rmarmion_123RF

Employers increasing salaries due to inflation, labour market challenges: survey

The vast majority of Canadian employers are increasing salaries amid a challenging labour market, according to a new survey by Normandin Beaudry. The survey, which…

  • By: Staff
  • February 10, 2022 February 10, 2022
  • 15:00

BCI selling stake in $1.7BN Canadian trucking company

The British Columbia Investment Management Corp. is selling its stake in a Toronto-based trucking company. The investment manager will sell Pilot Freight Services, which specializes…

  • By: Staff
  • February 10, 2022 February 10, 2022
  • 12:00

Saskatchewan Pension Plan increasing 2022 contribution limit to $7K

The Saskatchewan Pension Plan is increasing its 2022 contribution limit to $7,000. Plan members can now qualify to save the tax on up to $7,000…

  • By: Staff
  • February 10, 2022 February 10, 2022
  • 09:00

Anglican Church’s pension members joining multi-employer plan

A thousand members of the Anglican Church of Canada’s defined contribution pension plan are joining the General Synod pension plan, effective Jan. 1, 2022. The…

  • By: Staff
  • February 10, 2022 February 9, 2022
  • 09:00

How KPMG is recruiting, supporting employees with disabilities, neurodiversity

KPMG in Canada is piloting a program that taps into the neurodivergent talent pool as part of its ongoing diversity, equity and inclusion strategy to…

Sabbaticals can help with talent attraction and retention, say experts

Sally Phuong took a four-week sabbatical from her job as an account executive at Sun Life Financial Inc. last year so she could participate in…

U.S. Virgin Islands refinancing bonds in bid to save public pension system

The governor of the U.S. Virgin Islands is refinancing more than US$800 million worth of bonds following numerous attempts to save a public pension system that…

Copyright_tomertu_123RF

OSFI, FSRA set out six recommendations for strengthening CAP guidelines

The Office of the Superintendent of Financial Institutions and the Financial Services Regulatory Authority of Ontario are putting forward six recommendations for strengthening the Canadian Association…

  • By: Staff
  • February 9, 2022 February 8, 2022
  • 09:00

Ontario Teachers’ focusing on DEI as key part of long-term vision

The Ontario Teachers’ Pension Plan’s focus on diversity, equity and inclusion issues is an increasingly key part of its long-term strategic vision. The pension fund is…

  • By: Blake Wolfe
  • February 9, 2022 February 9, 2022
  • 09:00

U.S. employee confidence in organizational culture, leadership low amid pandemic: survey

Employees’ confidence in their organization’s culture and leadership has dropped slightly (three per cent) since the early days of the coronavirus pandemic, according to a…

  • By: Staff
  • February 9, 2022 February 10, 2022
  • 09:00

Air Canada pension investor signs UN-backed principles for responsible investment

Trans-Canada Capital Inc., an investment manager that was spun out of Air Canada’s defined benefit pension plans in 2019, is a signatory of the United…

  • By: Staff
  • February 8, 2022 February 9, 2022
  • 11:00

Workplace vaccine mandates being upheld as challenges largely tossed out, say experts

Legal challenges of employer vaccine mandates and health measures are being tossed out as arbitrators in Canada largely side with the need to maintain safe workplaces…