Latest news in Benefits Canada News

Indigo workers unionizing for enhanced benefits, paid sick days

Employees at several Indigo Books & Music Inc. stores across Canada are unionizing, as the ongoing coronavirus pandemic has “highlighted the precarity of retail work in…

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Institutional investors teaming up to promote net-zero economy

Canadian pension funds are among the institutional investors participating in Climate Engagement Canada, a new initiative to promote a net-zero economy. The initiative, which is…

  • By: Staff
  • October 14, 2021 October 14, 2021
  • 09:00
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87% of U.S. millennial employees more interested in benefits in 2021: survey

The majority (87 per cent) of U.S. millennial employees are more interested in certain benefits this year, with life insurance (39 per cent) topping the…

  • By: Staff
  • October 13, 2021 October 13, 2021
  • 15:00

Institutional investors emphasizing ESG factors amid pandemic, finds survey

While 72 per cent of institutional investors are currently integrating environmental, social and governance factors into their investment strategies, 29 per cent are placing greater…

  • By: Staff
  • October 13, 2021 October 13, 2021
  • 09:00

Survey finds cost of employer benefits in Canada set to rise 7% in 2022

Employer-provided medical benefits costs in Canada will rise seven per cent in 2022, according to a new survey by Aon. The annual global medical trend…

  • By: Staff
  • October 13, 2021 October 13, 2021
  • 09:00

Majority of U.S. employers implementing DEI initiatives in 2021: survey

More than eight in 10 (83 per cent) U.S. organizations are implementing diversity, equity and inclusion initiatives in 2021, according to a new survey by…

  • By: Staff
  • October 13, 2021 October 13, 2021
  • 09:00
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Caisse investing in crypto lending platform, aligning corporate lending program with ESG performance

The Caisse de dépôt et placement du Québec is entering the digital currency sector by joining a US$400 million investment round for a cryptocurrency earning…

  • By: Staff
  • October 12, 2021 October 12, 2021
  • 13:00
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Canadian employees prioritizing benefits programs over pay: survey

Employees are prioritizing workplace benefits plans amid an increasingly competitive job market, according to a new Ipsos survey for RBC Insurance Inc. The survey, conducted…

  • By: Staff
  • October 12, 2021 October 12, 2021
  • 09:00

Collective DC pension plan designs offer benefits to sponsors, members: report

Collective defined contribution pension plans could begin to replace DC plans, just as DC plans have replaced the majority of defined benefit plans in recent…

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

Top 5 HR, pension and benefits stories of the week

With many employers currently planning where employees will work post-coronavirus pandemic, our story on the Royal Bank of Canada’s hybrid work model piqued the interest…

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

How employers can support staff well-being on World Mental Health Day and beyond

Prior to the coronavirus pandemic, mental health was viewed as a workplace challenge waiting in the wings, but it’s moving to centre stage for many…

More Canadian employers topping up maternity leave benefits than parental leave benefits: survey

While more than half (58 per cent) of Canadian employers provide top-up pay for maternity leave benefits, just 33 per cent offer top-ups for parental…

  • By: Staff
  • October 7, 2021 October 7, 2021
  • 09:00

Caisse launches services for mid-sized companies, CPPIB introduces carbon credit program

The Caisse de dépôt et placement du Québec is launching a suite of financing solutions and support services designed to appeal to Quebec’s mid-market companies.…

  • By: Staff
  • October 7, 2021 October 7, 2021
  • 09:00

Public servants facing unpaid leave if not vaccinated by Oct. 29

The core public service, as well as air travel and rail employees, must all be fully vaccinated against the coronavirus by Oct. 29, according to…

Employers offering retirement benefits seeing stronger staff productivity: survey

Nearly half (44 per cent) of employers that offer retirement benefits said employee productivity has been better than normal over the past year, compared to…

  • By: Staff
  • October 7, 2021 October 7, 2021
  • 09:00

Ontario Teachers’ appointing Kathryn Fric as chief risk officer

The Ontario Teachers’ Pension Plan is appointing Kathryn Fric (pictured) as its next chief risk officer, effective Nov. 1. Fric will report to Jo Taylor,…

  • By: Staff
  • October 7, 2021 October 7, 2021
  • 09:00

Canadian DB pension plan returns dip, balance sheets stable in September: report

The typical Canadian defined benefit pension plan deteriorated on a solvency basis but improved on an accountancy basis in September, according to a new report…

Sun Life buying dental benefits provider, People Corporation acquiring digital wellness solution

Sun Life is buying DentaQuest, a U.S.-based provider of dental benefits, for $3.1 billion. The company, which offers dental benefits through employers, will become part of Sun…

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RBC banking on hybrid work model post-pandemic

The Royal Bank of Canada is applying the lessons it learned during the coronavirus pandemic to develop a hybrid work model for a wide range…

What do historically low interest rates mean for DB pension de-risking?

Volatile quarter increasing DB pension liabilities: report

Increasing yield for long-term government bonds and a flat credit spread through the third quarter of 2021 are driving up defined benefit pension liabilities, according…

  • By: Staff
  • October 5, 2021 October 5, 2021
  • 12:30

AIMCo co-investing in Vancouver high rise, Caisse in sustainability fund

The Alberta Investment Management Corp. is co-investing in a commercial high-rise building in downtown Vancouver. Ownership in the 15,000 square-metre building will be shared with…

  • By: Staff
  • October 5, 2021 October 5, 2021
  • 10:10

Canadians’ financial well-being up slightly, focus on retirement growing: survey

Canadians reported slightly higher levels of financial well-being in the summer of 2021, with many focusing on saving for retirement, according to a new survey…

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

Caisse, CPPIB, PSP focusing on ESG, sustainable finance with new initiatives

More than 20 financial organizations in Quebec, including the Caisse de dépôt et placement du Québec and the Public Sector Pension Investment Board, are joining forces…

  • By: Staff
  • October 4, 2021 October 4, 2021
  • 15:00

Majority of Canadians want to continue working remotely post-pandemic: survey

A majority (62 per cent) of Canadians want to continue working from home at least 40 per cent of the work week once the coronavirus…

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

Study finds burnout, stress symptoms on the rise 18 months into the pandemic

Almost 19 months into the coronavirus pandemic, threats to employee well-being continue to intensify with a 21 per cent rise in burnout and a 17…

  • By: Staff
  • October 4, 2021 October 5, 2021
  • 09:00