Latest news in Benefits Canada News

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72% of Canadian pension funds considering consolidation options: survey

The majority (72 per cent) of Canadian pension funds said they’re currently focused on consolidation options that offer greater certainty they’ll be able to meet…

  • By: Staff
  • May 3, 2021 May 6, 2021
  • 09:00
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What are the current provincial policies on emergency, sick leave amid the coronavirus pandemic?

While the debate over paid sick days intensifies across Canada, only two provinces currently offer this benefit on a permanent basis. On April 30, Ontario…

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Green Shield Canada adding gender-affirmation offering to group benefits plans

Green Shield Canada is introducing a gender-affirmation offering in all group plans as a standard benefit. The offering is effective June 30 and reimburses plan…

  • By: Staff
  • April 30, 2021 May 2, 2021
  • 15:00

Twitter’s monthly #DaysofRest initiative helping prevent employee burnout amid pandemic

In the wake of upheaval in 2020 caused by the coronavirus pandemic and racially charged events in the U.S. that ignited a year of social…

2021 Workplace Benefits Awards now open for entries

Does your organization’s benefits or pension plan communications deserve recognition? Are you leading the way when it comes to supporting your employees’ mental health? Is your…

  • By: Staff
  • April 30, 2021 April 30, 2021
  • 09:00

Conference Board of Canada joining CAAT’s DBplus pension

The Conference Board of Canada’s 150 group plan members are joining the College of Applied Arts and Technology’s defined benefit pension plan. Effective June 1,…

  • By: Staff
  • April 29, 2021 April 29, 2021
  • 15:00
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Ontario giving employees three paid sick days, reimbursing employers

Workers in Ontario will soon be able access three paid sick days to help them self-isolate during the coronavirus pandemic, but critics said the policy…

Offering commuting perks part of post-pandemic planning for employers

For many Canadians, the coronavirus pandemic profoundly changed their daily commute: people used to catching a subway or driving or biking to work now commute…

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Employees working harder, more loyal to employers amid pandemic: survey

While the coronavirus pandemic has caused elevated workloads and exhaustion among employees, it’s also resulted in improved loyalty to employers and a stronger sense of…

  • By: Staff
  • April 28, 2021 April 28, 2021
  • 15:00

New stock option regime set to take effect this July

The federal government’s recent budget confirmed its intention to proceed with the new stock option regime previously announced in its November 30, 2020, economic statement…

BCI developing climate-change, decision-making tools for institutional investors

The British Columbia Investment Management Corp. is partnering with the University of Victoria-led Pacific Institute for Climate Solutions to co-develop decision-making tools and frameworks for…

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

Ontario sick leave should be delivered directly through employers: Trudeau

Prime Minister Justin Trudeau says Ottawa is in talks with Ontario as the province looks to provide paid sick days to employees, but stressed that…

Employees in Alberta getting paid coronavirus vaccination leave

Alberta recently joined a growing list of provinces and territories that are amending legislation to introduce paid time off for workers who wish to get…

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Employers holding on-site coronavirus vaccination clinics in hot spots

Alberta will begin offering coronavirus vaccines to thousands of meat-packing employees across the province starting this week, but a union leader says some workers are reluctant…

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People Corp. acquiring B.C.-based benefits provider

People Corp. is acquiring British Columbia-based Benefits by Design Inc. Benefits by Design is a benefits provider focused on the small-to-medium-sized segment of the Canadian…

  • By: Staff
  • April 27, 2021 April 27, 2021
  • 09:00
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CAAT posts 11.1% return for 2020

The Colleges of Applied Arts and Technology Pension Plan is reporting an 11.1 per cent return for 2020, exceeding its policy benchmark by 0.4 per…

  • By: Staff
  • April 26, 2021 April 26, 2021
  • 15:00
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Pandemic highlights need to settle on right-to-disconnect rules: labour minister

The federal labour minister says the coronavirus pandemic has highlighted the need to give employees the ability to avoid work emails and text messages as the lines between…

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Employee mental health top well-being issue for 72% of Canadian employers: survey

Employee mental health is the top well-being issue in Canada, according to 72 per cent of employers, surveyed for Aon’s 2021 global well-being survey. Work-life…

  • By: Staff
  • April 26, 2021 April 26, 2021
  • 09:00
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New Brunswick expanding biosimilars policy in public drug plans

The New Brunswick government is expanding the use of biosimilars for certain chronic conditions in its public drug plans. Approximately 3,000 beneficiaries of the province’s…

  • By: Staff
  • April 23, 2021 April 26, 2021
  • 15:00

Canadian employers stepping up as controversy around paid sick days swirls

As it becomes increasingly clear that workplaces are a key transmission location in the third wave of the coronavirus pandemic, some Canadian employers are offering…

National childcare program ‘first step’ in getting women back to work: expert

Amid mounting pressure from both the public and private sectors for an action plan that provides affordable childcare for Canadian working parents, on Monday, the federal…

Earth Day: Strong support for sustainable investing coming from plan members

It isn’t just asset managers who are increasingly embracing the integration of environmental, social and governance factors into investment decision-making. An important contributor to “record…

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Pharmacare should include high-cost treatment strategy, flexibility for plan sponsors: consultant

While a national pharmacare program is yet to be revealed by the federal government, any future plan should contain provisions for all costly treatments and…

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Federal budget fails to support pension reform, says retiree group, politicians

The Canadian Federation of Pensioners is calling for amendments to federal insolvency laws to protect members of defined benefit pensions if the employer is insolvent.…

Opposition leaders criticizing Liberals over pharmacare, old-age security and childcare

Federal opposition leaders are criticizing the Liberal government’s first budget in two years for omitting pharmacare, while suggesting alternatives to a proposed $30-billion national childcare…