Latest news in Benefits Canada News

A third of Canadians feel unsafe talking about mental health at work: survey

As almost two-thirds (62 per cent) of Canadian employees say emotional, mental and physical fatigue is the top issue affecting them, 37 per cent feel…

  • By: Staff
  • October 1, 2021 October 1, 2021
  • 14:00

Top 5 HR, benefits and pension stories of the week

Canada’s first National Day for Truth and Reconciliation was front of mind this week, with Benefits Canada‘s look at how employers can mark the inaugural…

  • By: Staff
  • October 1, 2021 September 30, 2021
  • 09:00

New study finds ROI in workplace wellness programs

The majority (81.5 per cent) of plan members participating in digital wellness programs experienced improvements for a wide range of health indicators across 30 months,…

  • By: Staff
  • October 1, 2021 September 30, 2021
  • 09:00

A quarter of Canadians delaying retirement due to pandemic: survey

Nearly a quarter (23 per cent) of working Canadians say the coronavirus pandemic has delayed their — or their spouse’s — timeline to retirement, according…

  • By: Staff
  • September 30, 2021 September 30, 2021
  • 15:00
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CPPIB acquires maritime terminal operator, AIMCo invests in Indian clean energy fund

The Canada Pension Plan Investment Board is acquiring North America’s largest marine terminal operator. A minority investor in the Ports America Group since 2014, the…

  • By: Staff
  • September 30, 2021 September 29, 2021
  • 10:00

Sun Life’s group benefits, Lumino Health platform rebranding as one division

Sun Life Assurance Co. of Canada’s group benefits and Lumino Health platform are rebranding as Sun Life Health, a new business unit focused on empowering Canadians…

  • By: Staff
  • September 30, 2021 September 30, 2021
  • 09:00
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Employers raising wages, offering bonuses amid labour shortages: surveys

Canadian employers are using bonuses to attract and retain employees in a difficult labour market, according to a new survey by Mercer. Half (50 per…

  • By: Staff
  • September 29, 2021 September 29, 2021
  • 15:00
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Pensions for ousted and retired MPs could cost taxpayers $42M

The 17 pension-qualified members of parliament who stood down or were ousted during last week’s federal election will receive $1.4 million per year in payments,…

  • By: Staff
  • September 29, 2021 September 28, 2021
  • 15:00
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CPPIB’s head of international operations moving on

As the Canada Pension Plan Investment Board’s head of international leaves the organization for a global private equity firm, Geoffrey Rubin will assume oversight for…

  • By: Staff
  • September 29, 2021 September 29, 2021
  • 15:00

Solvency reserve accounts missing from Manitoba’s new pension amendments

Although Manitoba’s Pension Amendments Act takes effect on Oct. 1, pension plan sponsors are disappointed that the provisions allowing them to use reserve accounts to…

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Financial stress affecting workplace motivation: survey

When employees are financially stressed, they’re distracted and less productive at work and more likely to leave their jobs, according to a new survey by…

  • By: Staff
  • September 29, 2021 September 29, 2021
  • 09:00
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Caisse promising to divest from oil production by end of 2022

The Caisse de dépôt et placement du Québec is planning to completely divest from oil production — roughly one per cent of its total portfolio…

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PSP accepts new partner in Boston scientific research centre joint venture

The Public Sector Pension Investment Board is accepting a new partner into a joint venture that is building a new scientific research centre in Boston’s…

  • By: Staff
  • September 28, 2021 September 28, 2021
  • 10:45

New paper calls for linking DB pension solvency minimums to plan member age

A new white paper published by the Canadian Institute of Actuaries is proposing new rules during defined benefit plan windups, requiring higher solvency ratios for members…

How employers can mark first-ever National Day for Truth and Reconciliation

A new federal holiday offers new opportunities for Canadian employers to support Indigenous employees this week and beyond, say experts. This Thursday, Sept. 30, is…

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84% of Canadian employers considering permanent work-from-home policy: survey

The coronavirus pandemic is making Canadian employers more cognizant of the need to offer flexible working arrangements, according to a new survey by Randstad Sourceright.…

  • By: Staff
  • September 28, 2021 September 27, 2021
  • 09:00

New surveys highlight discrepancies in retirement readiness

About a third (36 per cent) of working Canadians and 21 per cent of retirees aren’t confident how much money their retirement income sources will provide…

  • By: Staff
  • September 28, 2021 September 27, 2021
  • 09:00

University of Victoria Students’ Society joining CAAT’s DBplus pension

The University of Victoria Students’ Society is the first Vancouver Island employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. By…

  • By: Staff
  • September 27, 2021 October 6, 2021
  • 15:00
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Majority of City of Toronto staff have received the coronavirus vaccine

Nearly 90 per cent of Toronto public service employees are fully vaccinated against the coronavirus, according to the City of Toronto. Five per cent of…

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Liberals’ social agenda creating growth, opportunities for institutional investors: expert

With the federal Liberal Party returning for a third term, the government’s fiscal policy will remain aligned with a social agenda that should, in theory,…

  • By: Blake Wolfe
  • September 27, 2021 September 27, 2021
  • 09:00

Pandemic changing ‘must have’ perks for U.S. millennial managers: survey

The coronavirus pandemic is changing what perks millennial managers consider “must haves,” according to a new survey by MetLife Inc. It found millennial managers (ages 26…

  • By: Staff
  • September 24, 2021 September 24, 2021
  • 15:00

Top 5 HR, pension and benefits stories of the week

The federal election is top of mind for many these days, so it’s no surprise Benefits Canada‘s most-read story over the past seven days was…

  • By: Staff
  • September 24, 2021 September 24, 2021
  • 09:00

Liberals unlikely to pursue super-priority for pension plan members: expert

While a re-elected Liberal government may introduce some measures to protect private pension plan members, it’s unlikely to pursue super-priority similar to what was proposed…

  • By: Blake Wolfe
  • September 24, 2021 September 28, 2021
  • 09:00

Pandemic putting absence management in spotlight for majority of U.S. employers: survey

A majority (75 per cent) of U.S. organizations said the coronavirus pandemic has influenced how they approach absence management as a whole, according to a…

  • By: Staff
  • September 24, 2021 September 24, 2021
  • 09:00

97% of United Airlines’ employees vaccinated as mandate deadline approaches

United Airlines says more than 97 per cent of its U.S.-based employees are fully vaccinated against the coronavirus now that there’s less than a week before a…