Latest news in Benefits Canada News

Caisse recapitalizes substance use treatment centres, invests in renewables company

The Caisse de dépôt et placement du Québec is recapitalizing a U.S.-based medical services provider offering substance use disorders and mental-health treatments. The deal, between…

  • By: Staff
  • January 13, 2022 January 12, 2022
  • 09:00
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How Accenture, Traction on Demand are supporting working parents in 2022

A new year is bringing back old issues for employers and employees alike. The rise of the highly contagious Omicron coronavirus variant meant many students…

  • By: Blake Wolfe
  • January 13, 2022 January 13, 2022
  • 09:00

TD focusing on accessibility to widen the talent pool

The Toronto Dominion Bank is diving into a talent pool that has long gone overlooked by making assistive technology for employees with a disability widely…

Manitoba amends pension rules to strengthen regulatory, solvency system

Manitoba is amending its pension regulatory system in order to strengthen the province’s pension regulatory and solvency framework. The changes, which took effect on Dec.…

A third of investors making formal commitment to net-zero goals: survey

A growing number of institutional investors are pledging to achieve net-zero carbon emissions in their portfolios by 2050, according to a new survey by Cerulli…

  • By: Staff
  • January 12, 2022 January 10, 2022
  • 09:00
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TTC, City of Toronto terminating unvaccinated employees

The Toronto Transit Commission and the City of Toronto are among the latest employers to fire workers for not complying with a mandatory coronavirus vaccination…

  • By: Staff
  • January 11, 2022 January 11, 2022
  • 15:00

Canadian DB pensions’ average funding positions improved slightly in December: report

The average Canadian defined benefit pension plan saw improvements on a solvency and accountancy basis in December, according to LifeWorks Inc.’s latest monthly report. It…

  • By: Staff
  • January 11, 2022 January 12, 2022
  • 11:00

Expert panel: Publicity placing employees in false light could lead to legal issues

The possible legal ramifications of publicity placing a current or past employee in a false light is an issue employers should keep in mind in…

  • By: Rayaz Khan
  • January 11, 2022 January 21, 2022
  • 09:00

DB pensions offer significant cost savings over DC plans: report

Defined benefit pension plans offer substantial cost advantages over 401(k)-style defined contribution plans, according to a new report by the National Institute on Retirement Security.…

  • By: Staff
  • January 11, 2022 January 10, 2022
  • 09:00

Retail Council of Canada launching health benefits program for retail employees

The Retail Council of Canada is launching a new health benefits program for member retailers. Through the program, called RCC RetailCare, retail employers can offer their employees a range of…

  • By: Staff
  • January 11, 2022 January 10, 2022
  • 09:00

Trent University pension plan joins UPP

Trent University is joining the University Pension Plan. The university, based in Peterborough, Ont., is the UPP’s fourth member institution. It follows Queen’s University, which…

  • By: Staff
  • January 10, 2022 January 10, 2022
  • 15:00
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Trusteed pension funds’ assets valued at $2.14T in Q2: StatsCan

The market value of assets held by Canadian trusteed pension funds rose four per cent to $2.14 trillion at the end of the second quarter…

  • By: Staff
  • January 10, 2022 January 7, 2022
  • 09:00

How can employers support coronavirus long-haulers?

As the phenomenon of coronavirus long-haulers — individuals who display symptoms for months following infection — becomes more prominent amid the ongoing pandemic, plan sponsors…

  • By: Blake Wolfe
  • January 10, 2022 January 10, 2022
  • 09:00
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18% of white-collar jobs in North America permanently remote: report

Roughly a fifth (18 per cent) of all white-collar jobs in North America are now remote positions, according to a new report by Ladders Inc.…

  • By: Staff
  • January 7, 2022 January 7, 2022
  • 15:00

How employers are focusing on right-to-disconnect movement in 2022

During Danish Yusuf’s morning routine, his work phone rarely rings and seldom is there an appointment with his Toronto insurance company staff. The lack of…

Top 5 HR, pension and benefits stories of the week

How the City of Toronto is continuing to support employee mental health in these uncertain times took the top spot over the past week on BenefitsCanada.com.…

  • By: Staff
  • January 7, 2022 January 7, 2022
  • 09:00
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How employers can help parents, students amid return to remote learning

With the Omicron coronavirus variant prompting school closures and a return to remote learning in several provinces, flexibility is key for employers supporting parents of…

Most coronavirus vaccine refusers won’t get federal pandemic benefits: minister

The federal minister in charge of aid to the unemployed says jobless Canadians who refuse to get vaccinated may find themselves blocked from benefits so…

Half of Canadians equate financial wellness with lack of financial stress: survey

Nearly half (47 per cent) of Canadians said that financial wellness means living without financial stress, according to a new survey by the Canadian Imperial Bank…

  • By: Staff
  • January 5, 2022 January 5, 2022
  • 15:00

Liberals eye easing access to maternity, parental leave in EI review: minister

The minister in charge of Canada’s federal social safety net for workers says the government is looking at removing rules that make it difficult for…

U.K. employers encouraging staff to try ‘Veganuary’

U.K. employers are encouraging staff to try a vegan diet for the month of January. More than 75 organizations have signed on to the “Veganuary”…

  • By: Staff
  • January 5, 2022 January 4, 2022
  • 09:00
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Canada’s 100 highest-paid CEOs make 191-times the average worker wage: report

Canada’s 100 highest-paid chief executive officers from the S&P/TSX composite index recorded their second best year ever for compensation in 2020 despite the coronavirus pandemic, according…

  • By: Staff
  • January 4, 2022 January 4, 2022
  • 15:00
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Majority of Canadian DB pension solvency ratios above 100 per cent: report

The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database grew by seven per cent in 2021, according to a new report…

2021 a banner year for largest U.S. DB pension plans: report

The largest defined benefit pension plans in the U.S. saw average funded status improve by eight per cent in 2021, according to a new report…

  • By: Staff
  • January 4, 2022 January 4, 2022
  • 09:00

My Take: Hit the gas on commuting benefits, perks

In the opening sequence of the film Office Space, a frustrated cubicle-bound character sits in a traffic jam, looking out of his car window to see…