Latest news in Benefits Canada News

Redbrick considering range of commuting benefits, perks as part of return-to-office planning

Commuting can be a pain point for some employees returning to the office, so a Victoria, B.C.-based software company is considering several ways to incentivize employees…

  • By: Blake Wolfe
  • December 15, 2021 December 15, 2021
  • 09:00
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City of Toronto delaying return-to-office plans due to Omicron variant

The City of Toronto is delaying recently announced return-to-office plans in the wake of the new Omicron coronavirus variant. All fully-vaccinated office-based employees with the…

  • By: Staff
  • December 14, 2021 December 14, 2021
  • 15:00

HOOPP appointing Lori Hall-Kimm as head of global private equity

The Healthcare of Ontario Pension Plan is appointing Lori Hall-Kimm as head of global private equity. In the new role, which takes effect on Jan.…

  • By: Staff
  • December 14, 2021 December 13, 2021
  • 09:00

CPPIB invests in clean energy provider, OMERS subsidiary enters industrial property joint venture

The Canada Pension Plan Investment Board is investing US$300 million in a British alternative energy company. According to the terms of the strategic partnership agreement,…

  • By: Staff
  • December 14, 2021 December 13, 2021
  • 09:00

Toronto’s Juno College planning to move to 100% employee-ownership model

Juno College is planning to move to a 100 per cent employee-ownership model. The Toronto-based college, formerly known as Hacker U, was established by Heather…

Pinterest expanding parental, fertility benefits offerings

Pinterest is expanding its parental and fertility benefits offerings, including the addition of two rounds of in vitro fertilization and egg freezing. The social media company’s…

  • By: Staff
  • December 13, 2021 December 10, 2021
  • 09:00

Employers in U.S. rethinking return-to-office plans in wake of Omicron variant

Employers of all sizes are rethinking their plans to send workers back to the office as the new Omicron variant adds another layer of uncertainty.…

Starbucks can afford ‘decent wage with decent benefits,’ says Sanders as N.Y. store unionizes

Starbucks Corp. workers at a store in Buffalo, N.Y., voted to unionize on Thursday, a first for the 50-year-old coffee retailer in the U.S. and…

Top 5 HR, pension and benefits stories of the week

With many employers eyeing a return to the office in 2022, it’s no surprise a story looking at how the City of Toronto and a…

  • By: Staff
  • December 10, 2021 December 9, 2021
  • 09:00

Coverage of the 2021 Mental Health Summit

Recognized as the leading and most well-known event in workplace mental health for more than 15 years, Benefits Canada‘s 2021 Mental Health Summit, which was…

43% of Canadian workers considering looking for a new job in 2022: survey

Around four in 10 (43 per cent) working Canadians said they’re likely to look for a new job in the upcoming year, according to a…

  • By: Staff
  • December 9, 2021 December 10, 2021
  • 15:00

CPPIB enters rental community joint venture, Caisse invests in supply chain service provider

The Canada Pension Plan Investment Board is entering a joint venture to develop, acquire and manage rental communities in the U.S. The agreement, between the…

  • By: Staff
  • December 9, 2021 December 9, 2021
  • 12:15

Vancouver’s Klue offering workers education benefits, remote work and unlimited time off

A Vancouver-based software company is using education benefits and a flexible work schedule to attract and retain talent in an increasingly competitive labour market. Kathy…

Majority of global institutional investors expect interest rates to rise in 2022: survey

Almost three-quarters (73 per cent) of global institutional investors expect interest rates to rise in 2022, according to a new outlook survey by Natixis Investment…

  • By: Staff
  • December 9, 2021 December 9, 2021
  • 09:00
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ACPM renews calls for CAP auto-enrolment, escalation features in Ontario

The Association of Canadian Pension Management is once again calling on the Ontario government to modernize the Employment Standards Act and the Pension Benefits Act…

  • By: Staff
  • December 8, 2021 December 8, 2021
  • 09:00

Gallagher completing acquisition of Willis Re

Arthur J. Gallagher & Co. is completing its acquisition of Willis Towers Watson’s global reinsurance business, Willis Re. The US$3.25 billion transaction was first announced…

  • By: Staff
  • December 7, 2021 December 8, 2021
  • 15:00
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CPPIB appointing Maximilian Biagosch, Agus Tandiono as regional heads

The Canada Pension Plan Investment Board is making two senior appointments. The organization is appointing Maximilian Biagosch as its senior managing director, Europe regional head…

  • By: Staff
  • December 7, 2021 December 8, 2021
  • 12:30

Ontario Teachers’ investing in European ophthalmology network

The Ontario Teachers’ Pension Plan is acquiring a 50 per cent stake in a network of European ophthalmology clinics. The pension fund has entered a…

  • By: Staff
  • December 7, 2021 December 6, 2021
  • 09:00
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KPMG supporting workplace diversity, inclusivity with gender affirmation policy

KPMG in Canada is supporting its transgender, non-binary and gender-diverse employees with a new gender affirmation policy. Stephanie Braid, director of inclusion, diversity and equity…

  • By: Blake Wolfe
  • December 7, 2021 December 6, 2021
  • 09:00

CAP member income replacement ratios hit six-year high: report

Despite muted investment returns in the third quarter of 2021, capital accumulation plan member outcomes improved as annuity rates continue to rise, according to Eckler…

  • By: Staff
  • December 6, 2021 December 6, 2021
  • 15:00

65% of employees looking to change jobs due to compensation, well-being: survey

Roughly two-thirds (65 per cent) of Canadians are seriously considering leaving their job because of issues such as compensation, declining job satisfaction and overall well-being,…

  • By: Staff
  • December 6, 2021 December 3, 2021
  • 09:00
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Alberta Cargill, UFCW deal includes enhanced health benefits, wages

About 2,000 workers at the Cargill Inc. beef plant in High River, Alta., are calling off a strike after reaching a deal this weekend that…

HR consultancy offers 3 paid ‘spiritual days’ in addition to Christian-centric statutory holidays

While it’s beginning to look a lot like Christmas for some employees these days, employers aiming to be inclusive during the holiday season and year-round…

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Public Sector Accounting Board proposing new standards for DB pensions

Five years after Ontario’s auditor general uncovered an issue with the way the province was including pension assets in its financial statements, the office is…

  • By: Staff
  • December 3, 2021 December 13, 2021
  • 15:00
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City of Toronto, Scotiabank rolling out return-to-office plans

All fully-vaccinated office-based employees with the City of Toronto are set to be back in the workplace, at least some of the time, starting on…

  • By: Staff
  • December 3, 2021 December 2, 2021
  • 09:00