Latest news in Benefits Canada News

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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…

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KPMG, Couche-Tard mandating coronavirus vaccinations for employees

KPMG in Canada is among the latest companies requiring coronavirus vaccinations all employees. As of Oct. 1, the company is mandating vaccinations for all partners, employees,…

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Income inequality reducing retirement security in U.S.: report

Income inequality in the U.S. is contributing to the growth of financial insecurity in retirement, exacerbated by a shift from pensions to individual 401(k) savings…

  • By: Staff
  • September 8, 2021 September 7, 2021
  • 09:00

Google delaying return to office until 2022

Google is once again postponing a return to the office for most workers until early 2022, in addition to requiring all employees to be vaccinated…

TTC Pension Plan naming Anthony Tang portfolio manager of public markets

The Toronto Transit Commission Pension Plan is naming Anthony Tang as its portfolio manager of public markets. In the new role, Tang will oversee about…

  • By: Staff
  • September 7, 2021 September 7, 2021
  • 13:29

AIMCo investing in Australian agriculture firm, CPPIB in cloud-based storage developer

The Alberta Investment Management Corp. is investing in an Australian agricultural company. The AIMCo and Australian investment management firm New Forests Ltd. will co-own Lawson…

  • By: Staff
  • September 7, 2021 September 7, 2021
  • 13:00

Pensions in position to off load risks: expert

“Plans are, for the first time in a long time, in a position to off-load risk,” says Murray Wright, one of the contributors to LifeWorks…

Which employers are finalists in the 2021 Workplace Benefits Awards?

Benefits Canada is pleased to announce the finalists of the 2021 Workplace Benefits Awards. This year’s entry and judging process took place during the second year of the coronavirus…

  • By: Staff
  • September 7, 2021 September 10, 2021
  • 09:00

How Accenture’s supporting working parents as third pandemic-era school year kicks off

While kids across the country are heading to school in-person this week, it’s far from the return to normal working parents had been hoping for.…

What can employers do if workers won’t get coronavirus vaccine?

Air Canada’s recent decision not to offer rapid testing as an alternative for employees who refuse to be vaccinated against the coronavirus sets a tough new…

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Ontario optometrists’ services withdrawal may cause ‘trickle-down effect’ for benefits plans: consultant

While the withdrawal of provincially-insured eye services by Ontario optometrists is unlikely to have a direct impact on benefits plans, it could cause a “trickle-down…

Manulife giving extra days off to help employees recharge

Manulife Financial Corp. is giving its employees the second Friday of every month off through to the end of the year to support the well-being…

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North American employees switching employers for better pay, benefits: survey

More than half (53 per cent) of Canadian job seekers are looking for better pay and benefits, according to a new survey by data intelligence…

  • By: Staff
  • September 2, 2021 September 2, 2021
  • 15:00

Caisse investing in digital platform developer, medical company

The Caisse de dépôt et placement du Québec is taking a majority share in a California-based digital platform development company. The Caisse secured the shares…

  • By: Staff
  • September 2, 2021 September 8, 2021
  • 09:21
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Federal parties making mental-health services promises on campaign trail

If elected, the Conservative Party is promising it will encourage employers to add mental-health coverage to their benefits plans by offering a tax credit for…

  • By: Staff
  • September 2, 2021 September 2, 2021
  • 09:00

Financial education offerings may help close pension gender gap

With many women at risk of outliving their retirement savings, employers can help by educating female employees about their investment options, says Michelle Connell, a…

Bonuses drive total compensation rise for Canadian senior executives in 2020: report

Senior executives of some of Canada’s largest companies saw their total pay increase by an average of 17 per cent, or $171,000, in 2020 compared…

  • By: Staff
  • September 1, 2021 September 2, 2021
  • 15:00

Majority of employers are planning return to workplace this year, finds survey

More than half (54 per cent) of attendees to Benefits Canada‘s virtual return-to-work webinar on Aug. 12 said they’re planning a phased return to the…

  • By: Staff
  • September 1, 2021 August 31, 2021
  • 09:00
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New pay equity legislation aiming to close gender wage gap

The federal government is taking steps to close the gender wage gap with the Pay Equity Act, which came into effect on Aug. 31. The…

Adamek Financial merging with Sterling Capital Brokers

Victoria, B.C.-based Adamek Financial, a boutique benefits consulting firm, is merging with Sterling Capital Brokers Ltd. Founded in 2014, Sterling Capital is an independent benefits consulting…

  • By: Staff
  • August 31, 2021 August 30, 2021
  • 15:00
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Ontario Teachers’, PSP join consortium to buy Australian infrastructure investment company

The Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board are part of a consortium making a binding offer to buy an Australian…

  • By: Staff
  • August 31, 2021 August 31, 2021
  • 13:15

Canada ahead of U.S. in regulating ESG investments but more required: report

Broad support for regulating environmental, social and governance-themed investments in Canada has left the U.S. Securities and Exchange Commission playing catch-up with its northern neighbour,…

Uber Canada sharing details of self-directed benefits fund for gig workers

Uber Technologies Inc. is revealing more details of a labour model it’s pitching to Canadian provinces and territories, a model that’s drawn opposition from some…

Ontario Teachers’ takes stake in autism therapy provider, Caisse entrusts properties to management firm

The Ontario Teachers’ Pension Plan is taking majority stake in a Florida-based therapy provider for children with autism spectrum disorders. The exact terms of the…

  • By: Staff
  • August 31, 2021 August 31, 2021
  • 09:00

Sounding Board: How is teleworking during the pandemic impacting compensation practices?

When the coronavirus pandemic was first declared in March 2020, teleworking was supposed to be a temporary emergency measure. But a year and a half…