Latest news in Benefits Canada News

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Interest rate cut boosts returns from short-term government bonds, credit: report

Returns from short-term Government of Canada bonds and credit are rising due to the easing of interest rates by the Bank of Canada last month,…

  • By: Staff
  • July 15, 2024 July 15, 2024
  • 15:00
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Ontario court rules employer not obligated to preserve past service benefits

Ontario’s small claims court has ruled that an employer’s letter, which described the benefits coverage that would exist following a divestment as ‘comparable’ to prior…

Caisse, CPPIB, Ontario Teachers’ invest in insurance company

CPPIB investing €550M in European digital solutions provider, Caisse buying Brazilian power transmission platform

The Canada Pension Plan Investment Board is investing €550 million in Europe-based team.blue to acquire a 20 per cent interest in the firm. The total…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 15:00

Employers considering dropping dental from benefits plan should think twice: expert

Employers that are considering dropping dental coverage from their benefits plan following the launch of the national dental care program are advised to think twice, says Graham Young, director…

CBSA, PSAC, CIU agreement includes pension, benefits gains

The unions representing more than 9,000 Canada Border Services Agency employees have ratified a four-year collective agreement that includes pension and benefits gains. The agreement…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

A story on how group insurers can help plan sponsors provide adequate coverage and ensure appropriate use of treatments for rare diseases was the most-read…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 09:00

Institutional investors considering AI need responsible rulebook: report

Putting responsible artificial intelligence principles in place is essential to enhancing risk-adjusted returns and positioning businesses for success, according to a new report by the Canada…

  • By: Staff
  • July 11, 2024 July 11, 2024
  • 15:00

60% of working women believe menopause, reproductive health issues can affect career advancement: report

Three-fifths (60 per cent) of working women believe health issues around menstruation, menopause and reproductive health can affect their career advancement abilities, according to a…

  • By: Staff
  • July 11, 2024 July 10, 2024
  • 09:00
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70% of U.S. employers say benefits critical to attraction, retention efforts: report

Nearly three-quarters (70 per cent) of U.S. employers say their company’s benefits package is critical to attracting and retaining the best workers, according to a…

  • By: Staff
  • July 10, 2024 July 9, 2024
  • 09:00

FSRA CEO Mark White stepping down

Mark White, the chief executive officer of the Financial Services Regulator of Ontario, has been confirmed as chair of the Ontario Energy Board and will…

  • By: Staff
  • July 9, 2024 July 9, 2024
  • 15:00

Competition Bureau to speed development of guidance on new greenwashing rules

The Competition Bureau is speeding up the development of guidance on the interpretation of new provisions in the Competition Act aimed at greenwashing. The federal…

Blair Morrison retiring from BCFSA

Blair Morrison, chief executive officer and chief statutory officer of the British Columbia Financial Services Authority, is retiring in early 2025 after more than five…

  • By: Staff
  • July 9, 2024 July 8, 2024
  • 09:00
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Commercial real estate challenges forcing Canadian pension funds to re-evaluate strategy: report

Some of Canada’s largest pension funds are rethinking their real estate strategies as higher interest rates continue to push valuations lower and lenders pull in…

  • By: Staff
  • July 8, 2024 July 8, 2024
  • 15:00

Sounding Board: How employers can mitigate cost of drugs for rare diseases

The World Health Organization defines a rare disease as having a prevalence of 65 or less per 100,000 individuals. It recognizes some 5,500 rare diseases, the…

91% of PSAC members opposed to Treasury Board’s hybrid work mandate: survey

The majority (91 per cent) of the Public Service Alliance of Canada’s members are strongly opposed to the Treasury Board’s new hybrid work mandate, according…

  • By: Staff
  • July 8, 2024 July 8, 2024
  • 09:00

Coverage of the 2024 Vancouver Benefits Summit

At Benefits Canada‘s 2024 Vancouver Benefits Summit, which was held on May 23, British Columbia-based employers, advisors and consultants learned about ways to reduce costs, create solutions,…

  • By: Staff
  • July 8, 2024 July 3, 2024
  • 08:00

2024 Vancouver Benefits Summit: The connection between DEI and psychological health

By creating a psychologically safe workplace in which employees can feel free to be their authentic selves, employers can encourage increased communication and collaboration, said…

2024 Vancouver Benefits Summit: A look at post-pandemic paramedical, drug claims

There has seen a “huge increase” in mental-health practitioner claims following the coronavirus pandemic, said Sylvana Leclerc, organizational health consultant for integrated health solutions at…

2024 Vancouver Benefits Summit: What should plan sponsors know about covering obesity drugs?

With obesity now understood to be a chronic health condition, it’s time for plan sponsors to revisit their approach to weight loss medications, said Philippe…

2024 Vancouver Benefits Summit: How plan sponsors can boost vaccine uptake among employees

Employers can play a meaningful role in improving vaccine uptake, said Ajit Johal, a community pharmacist, clinical assistant professor at the University of British Columbia…

2024 Vancouver Benefits Summit: How connected diabetes care platforms can help plan members better manage their condition

During a panel discussion at Benefits Canada’s 2024 Vancouver Benefits Summit in May, three experts discussed the role of virtual management platforms in helping Canadians…

2024 Vancouver Benefits Summit: The role of rehabilitation consultants in disability management

While disability management poses many challenges to plan sponsors, rehabilitation consultants can address many of these hurdles, said Francis Marois, manager of the rehabilitation team…

2024 Vancouver Benefits Summit: What are millennials, gen-Zers looking for in employee benefits packages?

With millennials and generation Z employees representing roughly 75 per cent of the Canadian workforce, employers need to respond to the changing needs of these…

2024 Vancouver Benefits Summit: How Telus is making well-being, mental health a cultural priority

Telus Communications Inc. is ensuring employees bring their best self to the job by supporting their well-being both in the workplace and at home, said…

OMERS sells LifeLabs for $1.35BN, Ontario Teachers’ Venture Growth invests in Japanese HR software firm

The Ontario Municipal Employees’ Retirement System is selling LifeLabs Inc. in a deal worth roughly $1.35 billion to U.S.-based Quest Diagnostics. The transaction is expected…

  • By: Staff
  • July 5, 2024 July 5, 2024
  • 13:00