Latest news in Benefits Canada News

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Using proactive drug plan design to ensure future sustainability

In 2020, Canada Life Assurance Co. saw a decrease in the number of benefits plan members making a drug claim, though the costs of those…

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Incorporating diversity, equity and inclusion in drug plan design

A growing number of organizations are moving beyond compliance to foster diversity, equity and inclusion in their workplaces. According to research, companies that have embraced…

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How the evolution of pharmacy can impact benefits plan costs

The coronavirus pandemic is demonstrating that pharmacists are a key health-care provider, with one study finding nearly 75 per cent of pharmacists have had patients who…

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Institutional investor view of cryptocurrencies improving, finds survey

Since the beginning of the coronavirus pandemic, 43 per cent of institutional investors and wealth managers say they have a more positive view of cryptocurrencies,…

  • By: Staff
  • January 21, 2022 January 20, 2022
  • 15:00

90% of U.S. employers planning to invest more in mental-health benefits in 2022: survey

As competition to attract talent continues to heat up amid a tight labour market, the vast majority (90 per cent) of U.S. employers are planning…

  • By: Staff
  • January 21, 2022 January 20, 2022
  • 09:00

Top 5 HR, pension and benefits stories of the week

A story on the Toronto-Dominion Bank’s enhancement to its benefits offerings in 2022 with expanded family planning coverage took the top spot over the past week…

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

U.S. remote workers split on whether they’re ready to return to office: survey

While more than half (57 per cent) of U.S. employees said they’re comfortable about returning to the workplace, more than a third (40 per cent)…

  • By: Staff
  • January 21, 2022 January 20, 2022
  • 09:00

Institutional investors reducing allocations to fixed income: survey

The vast majority (88 per cent) of institutional investors have reduced their allocations to fixed income over the past 18 months, according to a survey…

  • By: Staff
  • January 20, 2022 January 20, 2022
  • 11:30

N.S. Pension Services Corp. appoints new CIO

The Nova Scotia Pension Services Corp. is appointing Steve Mahoney as its new chief investment officer, effective April 1, 2022. He’s taking over the CIO…

  • By: Staff
  • January 20, 2022 January 19, 2022
  • 11:00

Responsible Investment Association appoints new CEO

The Responsible Investment Association is appointing Patricia Fletcher as its incoming chief executive officer, effective Feb. 7, 2022. Prior to the new role, Fletcher was…

  • By: Staff
  • January 20, 2022 January 19, 2022
  • 09:00

78% of U.S. employers focusing on quality of health benefits over cost: survey

About three-quarters (78 per cent) of U.S. employers said they’re more focused on the quality of health care over cost management when making decisions about…

  • By: Staff
  • January 20, 2022 January 19, 2022
  • 09:00

Wage hikes expected alongside rising inflation in 2022: surveys

Employers are continuing to feel the squeeze, with rising prices set to push wages higher this year in a “feedback loop building” as the annual…

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TD expanding fertility treatment coverage, bereavement policy

The Toronto-Dominion Bank is enhancing its benefits offerings in 2022 with expanded family planning coverage. The bank’s benefits program is now covering fertility and reproductive…

  • By: Blake Wolfe
  • January 19, 2022 January 21, 2026
  • 09:00

Business leaders ‘out of gas’ as pandemic drags on

Workers turn to them for support, clients rely on them for answers, companies lean on them in times of crisis. Yet, as the coronavirus pandemic…

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Caisse reinvesting in Quebec energy company, CPPIB and Oxford selling Toronto landmark

The Caisse de dépôt et placement du Québec is increasing its stake in an energy company by 16.5 per cent. Following the transaction, the investment…

  • By: Staff
  • January 18, 2022 January 18, 2022
  • 11:00

58% of frontline workers expect work stress will stay the same or worsen in 2022: survey

More than half (58 per cent) of frontline workers said they believe their work stress will either stay the same or worsen in the coming year,…

  • By: Staff
  • January 18, 2022 January 17, 2022
  • 09:00

Maple acquiring Wello, CloudMD finalizes MindBeacon deal

Toronto-based virtual-care platform Maple Corp. is acquiring Wello, a Calgary-based virtual health-care brand. Wello, which was founded in 2017, is a wholly-owned subsidiary of Coril…

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

Survey finds 40% of Canadians maintaining retirement savings despite pandemic’s financial challenges

Despite the financial challenges experienced by Canadians over the course of the coronavirus pandemic, 40 per cent said they’ve continued to save for retirement, according…

  • By: Staff
  • January 17, 2022 January 18, 2022
  • 15:00

Blue Monday: Wattpad offering meditation classes to workers amid stressful times

Employees don’t usually meditate together during work hours, but these aren’t usual times. Every month, the team at Wattpad gathers (virtually, for now) and is…

Benefits, pension plan administrators face bevy of challenges in 2022: webinar

The shift to hybrid and remote work models during the ongoing coronavirus pandemic is one of several issues impacting pension plan and group benefits administrators…

  • By: Blake Wolfe
  • January 17, 2022 January 17, 2022
  • 09:00

Women start careers earning less than male peers: study

Women in the U.S. with newly-minted bachelor’s degrees earn an average of US$52,266, compared to $64,022 earned by their male peers, according to a new…

  • By: Staff
  • January 14, 2022 January 14, 2022
  • 15:00

Top 5 HR, pension and benefits stories of the week

As right-to-disconnect legislation gains steam across Canada and around the world, a story on how employers are dealing with this movement in 2022 took the…

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

82% of Canadian workers think employers should provide virtual health-care services for employees: survey

A majority (82 per cent) of working Canadians believe employers should provide virtual care services for their employees, according to a survey conducted by Environics…

  • By: Staff
  • January 14, 2022 January 13, 2022
  • 09:00
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PIAC appoints Sean Hewitt, Graeme Hay as new officers for 2022

The Pension Investment Association is appointing a new chair, vice-chair and secretary-treasurer for 2022. Sean Hewitt, chief executive officer of the Toronto Transit Commission Pension…

  • By: Staff
  • January 14, 2022 January 14, 2022
  • 09:00

51% of workers believe employers should support financial wellness: survey

Just over half (51 per cent) of U.S. employees — including 65 per cent of generation Z respondents — agreed employers have a responsibility to…

  • By: Staff
  • January 13, 2022 January 13, 2022
  • 15:00