Latest news in Benefits Canada News

CPPIB, Ontario Teachers’ consortium integrates global satellite communications company

A consortium of investment managers, including the Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan, are reaching an agreement to create a…

  • By: Staff
  • November 9, 2021 November 9, 2021
  • 09:00
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RBC focusing on mental health as hybrid work model rolls out

The Royal Bank of Canada is focusing on mental health to engage and retain employees as the bank shifts to a hybrid work model. While…

  • By: Blake Wolfe
  • November 8, 2021 November 8, 2021
  • 09:00

Employers, employees adapting to hybrid working models

As an executive with the City of Toronto, Lawrence Eta now makes a point of not coming into the office every day. The chief technological…

75% of older Canadians worrying about financial security: survey

Three-quarters (75 per cent) of Canadians nearing or in early retirement said the coronavirus pandemic has them more concerned about their family’s financial security and…

  • By: Staff
  • November 5, 2021 November 5, 2021
  • 09:00

Top 5 HR, pension and benefits stories of the week

A story on the maximum pensionable earnings under the Canada Pension Plan for 2022 took the top spot over the past week on BenefitsCanada.com. Here are…

  • By: Staff
  • November 5, 2021 November 5, 2021
  • 09:00
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Ontario investing $12.4M in mental-health support for frontline health workers

The Ontario government is promising to expand mental-health and addictions support for frontline health and long-term care workers by investing $12.4 million over two years. In…

  • By: Staff
  • November 5, 2021 November 10, 2021
  • 09:00

SAP Canada piloting data-driven office design for hybrid workforce

As SAP Canada Inc. gradually reopens its workspaces across the country, the design of its new office space in Montreal will serve as a model…

Webinar coverage: How can employers better support working caregivers?

Many employees are engaged in a challenging “juggling act,” with about one in four Canadians aged 15 and older providing ongoing care to a family…

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CPPIB invests in European student housing, OMERS buys solar power producer

The Canada Pension Plan Investment Board is part of a new joint venture that’s aiming to be one of the largest student accommodation partnerships in…

  • By: Staff
  • November 4, 2021 November 4, 2021
  • 09:00

Employers grappling with worker shortages amid vaccine deadlines

A range of employers across Canada are starting to deal with some worker shortages as a result of a small percentage of employees not meeting…

Glasgow Financial Alliance for Net Zero grows to $US130 trillion in global commitments

More than 450 financial institutions across 45 countries are committing over US$130 trillion in private capital to transform the global economy to net zero over…

  • By: Staff
  • November 3, 2021 November 3, 2021
  • 09:15

What are Canadian employees’ top concerns about returning to workplace?

A majority (83 per cent) of Canadian benefits plan members have at least one concern regarding returning to the workplace, including commuting time (44 per cent),…

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

38% of plan sponsors planning to update benefits plan design in 2021: survey

More than a third (38 per cent) of plan sponsors are planning to update their benefits plan design by the end of this year, on…

  • By: Staff
  • November 3, 2021 November 3, 2021
  • 09:00

T. Rowe Price buys Oak Hill Advisors, Franklin Templeton buys Lexington Partners

T. Rowe Price Group Inc. is buying Oak Hill Advisors for up to about US$4.2 billion with $3.3 billion payable at closing. The global investment management…

  • By: Staff
  • November 2, 2021 November 2, 2021
  • 14:00
Canada’s DB pension plans post 5% return in Q4, close 2020 with 10% gain

Canadian pension plan returns see modest growth in Q3: report

Canadian pension plans saw returns averaging about 0.6 per cent in the third quarter of 2021, according to a new report by Northern Trust Canada.…

  • By: Staff
  • November 2, 2021 November 4, 2021
  • 11:00

Employees feeling less connected to work, colleagues amid shift to remote working: survey

Over two-thirds (66 per cent) of Canadian benefits plan members said they feel less connected to their co-workers and employers over the past year since…

  • By: Staff
  • November 2, 2021 November 2, 2021
  • 09:00

Bâtirente on pace to reach 2025 climate goals

One year into a five-year plan to reduce its investments in greenhouse gas-emitting companies by 50 per cent, the Bâtirente is on pace to reach…

  • By: Staff
  • November 2, 2021 November 2, 2021
  • 09:00

CPP maximum pensionable earnings rising to $64,900 in 2022

The maximum pensionable earnings under the Canada Pension Plan for 2022 is increasing to $64,900 from $61,600 in 2021. The new ceiling was calculated according to a CPP legislated…

  • By: Staff
  • November 2, 2021 November 2, 2021
  • 09:00

Expert panel: Six ways to incorporate green initiatives into benefits offerings

The Council of Parties to the United Nations’ climate convention, known as COP26, which is currently underway in Glasgow has put climate change on the…

  • By: Kim Siddall
  • November 2, 2021 November 4, 2021
  • 09:00
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Remote working helping employees with chronic conditions miss less work: survey

The shift to remote working due to the coronavirus pandemic is helping 77 per cent of employees with chronic conditions and/or chronic pain miss less…

  • By: Staff
  • November 1, 2021 October 27, 2021
  • 09:00

Caisse invests in fund for tech companies, IMCO finalizes buyout of U.K. energy company

The Caisse de dépôt et placement du Québec is investing in a fund focused on supporting innovative technology companies. The New York-based White Star Capital,…

  • By: Staff
  • November 1, 2021 November 1, 2021
  • 09:00

Public service union ‘concerned’ managers may decide validity of employee vaccine views

The deadline for employees in the core federal public service to declare their coronavirus vaccination status was Oct. 29, but unions say there are still many…

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Award finalists discuss mental health, enhanced communications amid pandemic

More than 19 months into the coronavirus pandemic, employers are focusing on enhanced mental-health offerings and streamlined communications for their benefits and pension plans. During a…

  • By: Blake Wolfe
  • November 1, 2021 October 29, 2021
  • 09:00

Starbucks Canada perking up benefits, pay amid ‘critical staffing shortages’

Starbucks Canada is raising wages and benefits amid “critical staffing shortages” and a renewed commitment to the well-being of its workers. Beginning in January 2022, the…

LifeLabs awarded for strengthening mental-health program in face of pandemic

An evolving program that’s holistically supporting employees during the coronavirus pandemic led to LifeLabs’ win for its mental-health program at the 2021 Workplace Benefits Awards on…