Latest news in Benefits Canada News

Health Canada delaying new drug pricing regulations another six months

For the third time in a row, the federal government is delaying long-awaited changes to Canada’s drug pricing regime for a further six months. In…

BMO training program highlighting importance of allyship for LGBTQ2S+ employees

The Bank of Montreal is empowering employees to become allies for their co-workers in the LGBTQ2S+ community. As part of its Zero Barriers to Inclusion…

Editorial

Editorial: The fourth trimester and the benefits plan

As any new parent can attest to, those early hours, days and weeks with a new baby are beyond challenging. In the fourth trimester (a…

Twitter adapting fitness benefit to help employees stay active, connected amid pandemic

Since shifting its employees to remote working at the beginning of the coronavirus pandemic, Twitter Inc. adapted its fitness reimbursement benefit to the new virtual…

2021 Top 100 Pension Funds Report: DB plans shining bright amid pandemic clouds

If there was a Hall of Fame for catastrophic years, 2020 would be a certainty for admission, with Canada among many nations around the globe…

How Canada’s pension funds are maximizing fixed income in a low interest rate environment

With bond returns tied to interest rates, it’s no surprise Canadian pension funds are increasingly seeking other ways to boost fixed income yields. Canadian interest…

AIMCo beats fixed income benchmarks with innovation, flexibility

It isn’t an easy time to be a fixed income investor. After a volatile year that included a severe liquidity squeeze in the spring of…

Back to basics on insurance-linked securities

As institutional investors seek portfolio diversification and the insurance industry seeks additional capacity amid global growth, investment strategies incorporating insurance-linked securities are providing a solution…

Why you should hire a manager of accessibility

In hiring its first manager of accessibility, Rogers Communications Inc. isn’t only ensuring it’s compliant with federal legislation, the company is also integrating the practice…

Q&A with Citigroup’s Christine Discola

Citigroup Inc.’s director and country human resources officer discusses encouraging employee self-care, making CANnections and cooking for friends and family. Q: What top challenges do…

Using non-binary gender descriptors remains challenge for benefits, insurance industries

While employees are being more open about their gender identities — whether they identify as gender fluid, intersex, non-binary, transgender or two-spirit — at work…

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East coast companies among early adopters of new retirement savings platform

Two East coast companies are among the early adopters of a retirement savings platform for employers in the not-for-profit sector. Prince Edward Island Family Violence…

Institutional investors taking closer look at Bitcoin, gold amid inflation fears

Almost 16 months since the global coronavirus pandemic was first declared, there’s now yet another thing for institutional investors to worry about — the possibility…

Canadians’ financial well-being on the decline: survey

Canadians finding financial stress affecting work, family life: survey

Nearly two in five (38 per cent) Canadians polled said money is their No. 1 source of stress in life, even more than personal health…

  • By: Staff
  • June 28, 2021 June 28, 2021
  • 15:15

Manulife supporting employees with new virtual health, wellness program

Manulife Financial Corp.’s new virtual health and wellness program is aiming to help employees keep healthy, engaged and connected amid the ongoing coronavirus pandemic. The…

Value of assets in trusteed pension funds rises 6.6% in 2020 to $2.22 trillion: StatsCan

The value of assets held by Canadian trusteed pension funds increased to $2.2 trillion in the fourth quarter of 2020, according to new data from…

  • By: Staff
  • June 28, 2021 June 28, 2021
  • 09:00

Employees unsure whether employer provides substance abuse resources

An equal percentage of Canadian employees said their employer does (27 per cent) or doesn’t (27 per cent) provide resources to help those experiencing challenges…

  • By: Staff
  • June 25, 2021 June 24, 2021
  • 15:00

Meet the judges of the 2021 Workplace Benefits Awards

With the 2021 Workplace Benefits Awards’ nomination process drawing to a close in a couple of weeks, Benefits Canada is pleased to announce this year’s…

  • By: Staff
  • June 25, 2021 June 24, 2021
  • 09:00

Working for organization that values DEI issues important for 71% of employees: survey

The majority (71 per cent) of employees said it’s important to them to work for an organization that values diversity and is equitable and inclusive,…

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American Express moving to hybrid work model post-pandemic

American Express Co. is the latest employer moving to a hybrid work model post-coronavirus pandemic. In an internal memo, Stephen J. Squeri, chairman and chief…

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Three employers joining CAAT’s DBplus pension

The New Digital Research Infrastructure Organization, the Ontario Dental Association and its subsidiary Accerta are joining the Colleges of Applied Arts and Technology’s DBplus pension plan.…

Millennials, gen-Xers hit hardest financially during pandemic: survey

The coronavirus pandemic is financially impacting generation Z, millennials, generation X and baby boomers differently. Canadians from the millennial (22 per cent) and gen-X (25…

  • By: Staff
  • June 24, 2021 June 24, 2021
  • 09:00
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Transfer of assets to N.B.’s unclaimed property program could reduce burden on pension plans

The Association for Canadian Pension Management is urging New Brunswick’s Financial and Consumer Services Commission to ensure unclaimed entitlements from ongoing pension plans are eligible…

  • By: Staff
  • June 23, 2021 June 23, 2021
  • 15:00

Remote work, employee retention key issues for post-pandemic workplaces: surveys

In an effort to retain employees post-coronavirus pandemic, employers across the country are embracing remote working and signalling it’s here to stay, according to a…

  • By: Staff
  • June 23, 2021 June 23, 2021
  • 09:00