Latest news in Benefits Canada News

How will another term for the Liberals impact employers, workers?

A third term for Prime Minister Justin Trudeau means some significant promises with the potential to impact employers and employees may soon become reality. During…

Canada drops to No. 10 in retiree well-being global rankings: report

Canada drops to No. 10 among developed nations for retiree well-being after spending two years in a row at No. 8, according to Natixis Investment…

  • By: Staff
  • September 23, 2021 September 22, 2021
  • 09:00

Germany ending coronavirus quarantine sick pay for unvaccinated

Germany is stopping sick pay for unvaccinated people who have to go into quarantine because of the coronavirus. Previously, Germans could claim for income lost due…

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OTPP buying reverse mortgage bank, BCI investing in U.S. media operator

The Ontario Teachers’ Pension Plan is entering into an agreement to buy a bank that offers reverse mortgage solutions. The acquisition of HomeQ Corp., the…

  • By: Staff
  • September 22, 2021 September 22, 2021
  • 15:00

Onsite workers citing higher sense of belonging, acceptance than those at home: survey

The majority (68 per cent) of Canadian employees working at their job sites said they feel a greater sense of belonging and acceptance at work…

  • By: Staff
  • September 22, 2021 September 21, 2021
  • 09:00

60% of employees say they’re equally productive working at home as in office: survey

A majority (60 per cent) of employees said they’re equally productive at home as in the office and that their overall well-being is as good — or…

  • By: Staff
  • September 22, 2021 September 22, 2021
  • 09:00
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Globe and Mail, Unifor deal includes enhanced mental-health benefit

The union representing employees at the Globe and Mail has ratified a new three-year contract that will provide a $1,500 mental-health benefit. Howard Law, director…

  • By: Staff
  • September 21, 2021 September 20, 2021
  • 15:00
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Ontario Teachers’ planning 45% reduction in greenhouse gas emissions by 2025

The Ontario Teachers’ Pension Plan is setting new targets to accompany its plan to tackle climate change and curb greenhouse gas emissions tied to its multi-billion dollar…

ACPM calling on OSFI to address funding asymmetry in DB pension regulation

The Association of Canadian Pension Management is calling on the Office of the Superintendent of Financial Institutions to address funding asymmetry in its approach to…

  • By: Staff
  • September 21, 2021 September 21, 2021
  • 09:00

Average salary increase rose to 2.8% in 2021: survey

The average national salary increase in Canada rose to 2.8 per cent (excluding freezes), similar to pre-coronavirus pandemic levels, signalling that rising vaccination numbers, low unemployment…

  • By: Staff
  • September 21, 2021 September 21, 2021
  • 09:00
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AIMCo majority-owned pipeline welcomes new investors, Ivanhoé Cambridge forms real estate joint venture

Eight Indigenous groups and an Alberta-based energy company are becoming the co-owners of a pipeline in which the Alberta Investment Management Corp. has a majority…

  • By: Staff
  • September 20, 2021 September 20, 2021
  • 15:00

How will federal election platforms impact HR, benefits and pensions?

As Canadians head to the polls today, Benefits Canada takes a look at how the federal parties’ campaign promises could impact the human resources, benefits…

  • By: Staff
  • September 20, 2021 September 17, 2021
  • 09:00
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40% of employees reporting difficulty accessing mental-health care: survey

While 53 per cent of employees said their employer has provided good support during the coronavirus pandemic, 40 per cent reported difficulty in accessing mental-health…

  • By: Staff
  • September 20, 2021 September 20, 2021
  • 09:00

Employers offering mix of incentives, upskilling amid labour shortage: survey

Canadian employers are using a mix of perks and upskilling training to attract and retain talent amid a tight labour market, according to a new…

  • By: Staff
  • September 20, 2021 September 20, 2021
  • 09:00

Ontario court upholds employees’ right to sue for wrongful dismissal in cases of chronic stress

Ontario’s Divisional Court is affirming employees’ right to sue for wrongful and constructive dismissal in the civil courts in cases of chronic mental stress arising…

Editorial

Editorial: Digital inclusion, employee support, flexibility key in return to the workplace

With restrictions gradually lifting across the country this summer, employers started to turn their attention to their return to the workplace plans. Now, the fourth…

69% of U.S. employers plan to tweak benefits programs amid tight labour market: survey

More than two-thirds (69 per cent) of U.S. employers plan to differentiate and customize their benefits programs over the next two years, according to a…

  • By: Staff
  • September 17, 2021 September 17, 2021
  • 09:00

Bâtirente appointing Éric Filion as CEO

Bâtirente is naming Éric Filion (pictured) as chief executive officer, effective Oct. 6. He’ll take over the position from Daniel Simard, who is retiring after 25…

  • By: Staff
  • September 17, 2021 September 20, 2021
  • 09:00

A look at Kraft Heinz Canada’s ‘work anywhere’ program

In the old days, many employers served up one option for employees: work 9-to-5 in the office. Then the pandemic hit. For the past 18…

Do large public pension funds need more third-party investment reviews?

When the coronavirus pandemic shook up the investment landscape last spring, Canadian pension funds were also jostled by the shock wave, with the Alberta Investment…

  • By: Blake Wolfe
  • September 17, 2021 September 16, 2021
  • 08:56

Women in Canada’s benefits, pension industries discuss gender equity, reversing pandemic-fueled ‘she-cession’

Early in Shannan Corey’s pension career, many of the boards she worked with were dominated by men over the age of 50. Corey, now executive…

How can pension plan sponsors help women hit their retirement readiness stride?

Preparing financially for retirement is a marathon filled with many obstacles along the way to a constantly shifting finish line. Even in 2021, female employees…

UPP building on jointly governed pension model with a pandemic launch

When the University Pension Plan officially launched in July 2021, it did so with Barbara Zvan as its inaugural president and chief executive officer. Fresh…

How Poland’s new DC program was designed using behavioural science

Like many other countries around the world, Poland’s aging population is increasingly highlighting the topic of retirement savings. “Each year, the number of pensioners increase…

  • By: Blake Wolfe
  • September 17, 2021 September 16, 2021
  • 08:53
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Improving business outcomes top priority for investment organizations focusing on DEI: survey

A third of investment organizations participating in the CFA Institute’s recent diversity, equity and inclusion program said they’ve trained between 81 and 99 per cent…

  • By: Staff
  • September 16, 2021 September 15, 2021
  • 12:00