Latest news in Benefits Canada News

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BCI setting climate-related investment targets for 2025

The British Columbia Investment Management Corp. is committing to five-year climate-related targets for its public markets program. The pension fund is targeting a cumulative $5-billion…

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

Unilever Canada making Maple’s virtual-care program for employees permanent

Following a pilot program, Unilever Canada Inc. is making its partnership with Maple to provide ongoing, on-demand virtual care to the employees of the consumer-goods…

  • By: Staff
  • February 24, 2021 February 26, 2021
  • 09:00
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76% of companies lacking DEI goals: survey

More than three-quarters (76 per cent) of companies have no diversity or inclusion goals of any nature, according to a new survey by human-resources analyst…

  • By: Staff
  • February 24, 2021 February 24, 2021
  • 09:00
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Canada’s pension system gets top grades in new benchmark

Canada’s pension system was ranked first overall among 15 countries in the Global Pension Transparency Benchmark. It ranked Canadian funds first in governance, citing the…

  • By: Staff
  • February 23, 2021 February 24, 2021
  • 15:00

Uber drivers classified as workers, given benefits in landmark U.K. ruling

Uber drivers in Britain should be classed as “workers” and not self-employed, the U.K. Supreme Court ruled Feb. 19, in a decision that threatens the company’s…

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Caisse selling back $400M in shares to tech consultancy

CGI Inc. is buying back and cancelling 4.2 million of its class-A subordinate voting shares from the Caisse de depot et placement du Québec for…

Feds extending weeks of income support for sick leave, unemployed workers and caregivers

The federal government is adding extra weeks of income support for employees who are feeling ill or have to isolate, unemployed workers and parents at home with…

Canada’s institutional investors focusing on social factors in 2021

While all environmental, social and governance factors are increasingly important to Canada’s institutional investors, it’s the social aspect that’s been a key driver of investment…

  • By: Blake Wolfe
  • February 22, 2021 February 22, 2021
  • 09:00

WestJet hiring its first chief medical officer

WestJet Airlines Ltd. is hiring Dr. Tammy McKnight as its first chief medical officer. According to a press release, McKnight will develop and implement initiatives related…

Bitcoin ETFs begin trading in North America

North America’s first Bitcoin exchange-traded funds began trading on the Toronto Stock Exchange recently. The Purpose Bitcoin ETF, developed by Toronto-based Purpose Investments, was approved…

TD Bank expanding DEI goals via e-training, shared experiences

TD Bank is broadening its diversity, equity and inclusion goals and connecting employees through anti-racism e-learnings, promoting intersectionality and a storytelling approach. During the month…

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Caisse reinvesting in emerging asset managers program

The Caisse de dépôt et placement du Québec is reinvesting $25 million in the Quebec Emerging Managers Program. The investment is part of a $110-million…

  • By: Staff
  • February 19, 2021 February 19, 2021
  • 09:00
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University pension plans engaging investees on climate change risks

A coalition of Canadian university endowments and pension plans are launching a new initiative to engage investee corporations on climate change risks. The initiative will…

  • By: Staff
  • February 19, 2021 February 19, 2021
  • 09:00
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IKEA Canada signing BlackNorth pledge, expanding DEI efforts

IKEA Canada is signing the BlackNorth Initiative pledge as part of its ongoing diversity, equity and inclusion efforts. The pledge during Black History Month reconfirms…

  • By: Staff
  • February 18, 2021 February 18, 2021
  • 09:00
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Alberta Health Services adding new mental-health resources to EAP

Alberta Health Services is enhancing its employee assistance program with new mental-health resources for members. The new offerings are the result of a partnership between…

  • By: Staff
  • February 18, 2021 February 18, 2021
  • 09:00

Canadian workers prioritizing mental, physical well-being during pandemic: report

Morneau Shepell Ltd.’s latest mental-health index reveals Canadians’ health and well-being remains relatively unchanged since December’s low of negative 11.8, leading many employees to prioritize…

  • By: Staff
  • February 18, 2021 February 19, 2021
  • 09:00
Employee off-hours conduct during coronavirus pandemic leading to dismissals

Editorial: Don’t waste this mental-health crisis

A crisis is a terrible thing to waste. The epigram was first coined back in 2004, but it remains as relevant as it was 17…

Half of Canadians skipping RRSP contributions in 2021: survey

Canadians are skipping contributions to their registered retirement savings plans and considering a delayed retirement amid the coronavirus pandemic, according to a new survey by…

  • By: Staff
  • February 16, 2021 February 17, 2021
  • 09:00
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Black professionals lacking clear paths to career advancement: survey

Forty per cent of Black professionals say the biggest obstacle in their career is not having a clear path or opportunity for advancement at their…

  • By: Staff
  • February 16, 2021 February 17, 2021
  • 09:00

Head to head: Are employees being prescribed too much medication for mental-health issues?

With claims trends on the rise in workplace benefits plans, two medical professionals compare different treatment paths for mental-health care. Dr. Karen Cohen, chief executive…

  • February 16, 2021 February 18, 2021
  • 08:59

Employers helping employees battle mental-health challenges

In 2020’s Workplace Benefits Awards, the finalists in the mental-health category have a key feature in common — their passion for promoting and supporting employee…

Managing the employee mental-health tsunami

In early 2020, many employees had no idea a great wave was on its way. While reports of a novel coronavirus spread around the globe,…

Pension plans are navigating the bumpy road to recovery

Promising vaccine and coronavirus treatment news, coupled with the inauguration of U.S. President Joe Biden, has given markets a glimmer of certainty and optimism this…

Pension regulators step up amid turmoil

For almost a year now, federal and provincial pension regulators have been busily trying to mitigate the coronavirus pandemic’s effects. Regulators have never been more…

Lessons from the Desjardins Group pension plan on pivoting after economic turmoil

The Desjardins Group pension plan faced a reckoning following the 2008/09 financial crisis: its assets were down 40 per cent and it was watching other…