Latest news in Benefits Canada News

UPP naming CIO, senior managing director of private markets

The University Pension Plan is appointing Aaron Bennett (pictured left) as its first chief investment officer. In his new role, Bennett will be responsible for establishing an…

  • By: Staff
  • September 16, 2021 September 17, 2021
  • 10:30

Trusteed pension funds’ assets valued at $2.1T in Q1: StatsCan

The market value of assets held by Canadian trusteed pension funds totalled $2.1 trillion at the end of the first quarter, according to new data…

  • By: Staff
  • September 16, 2021 September 16, 2021
  • 09:32

HOOPP appointing Michael Wissell as chief investment officer

The Healthcare of Ontario Pension Plan is appointing Michael Wissell as its chief investment officer. Prior to the new role, Wissell was the plan’s senior…

  • By: Staff
  • September 16, 2021 September 15, 2021
  • 09:00

A look at current provincial policies on bereavement leave

The ongoing coronavirus pandemic has made legislated bereavement leave policies top of mind for both employers and employees. As of Sept. 15, at least one…

  • By: Blake Wolfe
  • September 16, 2021 September 16, 2021
  • 09:00

Wages set to rise 2.7% in 2022 as inflation hits new high, says survey

Wages are going up in Canada, with employers projecting an average annual pay increase of 2.5 per cent for next year, according to a new…

How could the federal parties’ childcare platforms affect working parents?

The result of the federal election could have a direct impact on working parents. The Liberal Party made a national $10 a day childcare system…

  • By: Staff
  • September 15, 2021 September 15, 2021
  • 09:00

Health benefits claims paid out to support mental health rose 24% in 2020: CLHIA

Canadian insurers paid out more than $97 billion in benefits from life and health insurance products in 2020, according to the Canadian Life and Health…

  • By: Staff
  • September 15, 2021 September 15, 2021
  • 09:00

Uber drivers entitled to same employment benefits as taxi drivers: Dutch court

A court in Amsterdam ruled Sept. 13 that Uber drivers fall under the Dutch taxi drivers’ collective labour agreement — meaning they’re entitled to the same employment…

Ontario Teachers’ investing in Australian insurance distributor

The Ontario Teachers’ Pension Plan is investing in an Australian insurance distribution company. The pension fund acquired a 33.4 per cent stake in Greenstone and…

  • By: Staff
  • September 14, 2021 September 14, 2021
  • 14:16
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AIMCo, Alberta Teachers’ investment agreement aligning interests of both organizations

The Alberta Teachers’ Retirement Fund said its new agreement with the Alberta Investment Management Corp. is aligning the best interests of both organizations, following several…

  • By: Staff
  • September 14, 2021 September 14, 2021
  • 12:00

Conservatives’ promising EI benefits to parents experiencing miscarriage, loss of a child

The Conservative Party is promising, if elected, to extend employment insurance parental benefits to parents experiencing the trauma of a miscarriage, stillbirth or loss of…

  • By: Staff
  • September 14, 2021 September 14, 2021
  • 09:00

Microsoft latest employer pushing back return-to-office date

Microsoft Corp. is pushing back its return-to-office date in the U.S. indefinitely amid rising uncertainty due to the ongoing coronavirus pandemic. While the technology company…

  • By: Staff
  • September 14, 2021 September 13, 2021
  • 09:00
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Amazon beefing up benefits, pay in North America amid tight labour market

Amazon.com Inc. is expanding its education benefits to cover college tuition expenses for frontline workers in the U.S. The benefit is available to U.S. employees…

Conservatives’ proposed mental-health tax credit step in right direction: experts

If elected, the Conservative Party is promising to help employers prioritize mental health in the workplace. As part of its election platform, the Conservative Party…

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54% of Canadian employers adopting hybrid work, meeting employee expectations: survey

With 57 per cent of Canadian employees expecting flexible working arrangements to continue post-coronavirus pandemic, 54 per cent of Canadian employers are adopting a hybrid…

  • By: Blake Wolfe
  • September 13, 2021 September 10, 2021
  • 09:00
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Ontario extending paid sick leave program until end of 2021

Ontario is extending a temporary paid sick leave program for workers until the end of this year. Labour Minister Monte McNaughton announced that the coronavirus pandemic…

Transat, WestJet employee vaccination policies taking flight

Transat A.T. Inc., like competitors Air Canada and WestJet Airlines, is requiring all of its employees to be fully vaccinated in accordance with a federal…

Back to basics on the provision for adverse deviation

68% of Canadians making retirement a financial goal: survey

Almost two-thirds (63 per cent) of Canadians cited retirement as a financial goal compared to last quarter (58 per cent), according to a quarterly survey…

  • By: Staff
  • September 10, 2021 September 10, 2021
  • 09:00

Employers prioritizing mental health, permanent hybrid work 1.5 years into pandemic

It’s 18 months this week since a global coronavirus pandemic was first declared and employers are applying many hard lessons learned as Canadian organizations and…

  • By: Blake Wolfe
  • September 10, 2021 September 9, 2021
  • 09:00
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Liberals promising to protect employers mandating coronavirus vaccines

Amid the ongoing federal election campaign, the Liberal Party is promising to table legislation that would allow employers to request proof of a coronavirus vaccination…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 15:00
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PSP buys out majority co-investor in U.K. rail company, BCI sells share in property portfolio

The Public Sector Pension Investment Board is buying a majority stake in a passenger rail sector business it’s been invested in for the past 13…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 12:59

CPPIB, Ontario Teachers’ among the world’s top 20 pension funds

The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are among the 20 largest pension funds in the world in terms of…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 12:20
Alberta Teachers’ Association set to legally challenge pension order

AIMCo, Alberta Teachers’ sign investment management agreement

The Alberta Investment Management Corp. has reached an investment management agreement with the Alberta Teachers’ Retirement Fund Board following a protracted period of negotiation. The…

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 09:30

39% of U.S. employers don’t expect to return to office until spring 2022: survey

Nearly four in 10 (39 per cent) U.S. employers said they don’t expect their organization will return to the workplace and end coronavirus pandemic-related policies and…

  • By: Staff
  • September 9, 2021 September 8, 2021
  • 09:00
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How employers can tweak benefits offerings amid rising inflation

With the price of consumer goods, from hot dogs to houses, rising steadily in Canada, some employers are thinking outside the benefits box to help…