Latest news in Benefits Canada News

Expert panel: Could pandemic-related mortality rates impact DB pension plans?

Over the past several months, much attention has been paid to the coronavirus pandemic’s impact on financial markets and, subsequently, defined benefit pension plans’ financial conditions…

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Aon selling U.S. retirement assets on road to Willis Towers Watson merger

Aon is selling its U.S. retirement business to Aquiline Capital Partners and its retiree health exchange business to Alight Solutions for a total of US$1.4…

  • By: Staff
  • June 8, 2021 June 8, 2021
  • 09:00

Bankruptcy and insolvency bill will negatively affect struggling DB pensions, says ACPM president

The Association of Canadian Pension Management is urging parliamentarians to vote down the final version of a new bankruptcy and insolvency bill. If passed, Bill…

  • By: Staff
  • June 8, 2021 June 11, 2021
  • 09:00
Canadian ESG-related investment assets surge to $3.2 trillion: report

BCI’s 2020 ESG report highlights sustainable bonds, investment guidelines

The British Columbia Investment Management Corp. is becoming “more intentional about” its ongoing environmental, social and governance efforts in the wake of the coronavirus pandemic, says…

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New longevity pension fund offers decumulation option for plan sponsors

Purpose Investments Inc. is introducing a new longevity pension fund, which invests 50 per cent in equities and 50 per cent in fixed income. It…

CLHIA elects Michael Doughty new board chair

The Canadian Life and Health Insurance Association has elected Michael Doughty, president and chief executive officer of Manulife Canada, as its chair. Doughty will take…

  • By: Staff
  • June 4, 2021 June 5, 2021
  • 15:00

Coverage of the 2021 Benefits & Pension Summit

On May 18 and 19, Benefits Canada hosted the 2021 Benefits & Pension Summit, a virtual event bringing together both group benefits plans and defined contribution pension…

  • June 4, 2021 June 4, 2021
  • 09:15

2021 BPS coverage: How PCL is balancing benefits, pension decisions during coronavirus

With the majority of PCL Construction Ltd.’s workforce continuing to work at its Canada-wide job sites and offices throughout the coronavirus pandemic, the organization’s decisions…

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Workplace Benefits Awards win a big boost for 2020 pension winner

Receiving peer recognition for an innovative communications strategy was among the reasons the Co-operative Superannuation Society pension plan entered Benefits Canada‘s 2020 Workplace Benefits Awards, according…

Employee off-hours conduct during coronavirus pandemic leading to dismissals

Employees with chronic health conditions facing challenges during pandemic: survey

Canadian employees with ongoing health challenges have faced unique challenges during the coronavirus pandemic, according to a new survey by RBC Insurance. Among employees with…

  • By: Staff
  • June 3, 2021 June 4, 2021
  • 15:00

Pride Month: TD taking intersectional approach to supporting LGBTQ2S+ employees

To build on its efforts in support of the LGBTQ2S+ community, TD Bank is embedding diversity, equity and inclusion into the framework of the organization…

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CPPIB investing in West Bengal mall, OTPP selling British biscuit company

The Canada Pension Plan Investment Board is investing 5.6 billion Indian rupees (about $93 million) to secure a 49 per cent equity stake in a…

  • By: Staff
  • June 2, 2021 June 2, 2021
  • 16:00
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2021 BPS coverage: Virtual health solutions to be default post-pandemic

Consumers across the globe have adopted digital services into their everyday lives, personalizing the way they pay bills, shop and plan vacations. Now, amid the…

University of Waterloo aiming to reach full carbon neutrality of pension, endowment investments by 2040

The University of Waterloo is committing to reducing the carbon footprint of its pension and endowment investment portfolios by 50 per cent by 2030, with…

  • By: Staff
  • June 2, 2021 June 2, 2021
  • 09:00
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81% of investment industry employees want hybrid work model after pandemic: survey

A majority of employers and employees in the investment industry want flexible working arrangements to continue post-coronavirus pandemic, according to a new survey by the…

  • By: Staff
  • June 1, 2021 June 2, 2021
  • 15:00
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2021 BPS coverage: Accident prevention may reduce benefits costs, absenteeism

With auto-related accidents contributing to absenteeism and lost workplace productivity, accident prevention is a key component of corporate wellness, said Fernand Vartanian, general counsel and head…

Employers planning for post-pandemic future focusing on employee well-being, virtual health care

Employers are applying several lessons from the ongoing coronavirus pandemic to their benefits offerings, particularly the importance of employee well-being and access to virtual health…

2021 BPS coverage: Employers looking to rebuild post-pandemic should dig into their benefits toolbox

As employers begin rebuilding the workplace once the coronavirus pandemic recedes, their group benefits plan will be their best tool — and ally — to…

Majority of Canadians questioning employers’ ability to handle hybrid work model

While more than three-quarters (77 per cent) of Canadians want a hybrid work arrangement once the coronavirus pandemic recedes, a majority (81 per cent) expressed…

Starbucks connecting employees through storytelling for Asian Heritage Month and beyond

Starbucks Canada is connecting employees across the country through stories of Asian-Canadians’ contributions to the nation’s history and highlighting Pan-Asian employees’ shared personal and career…

Canadian employers failing mothers returning from parental leave: report

The vast majority (95 per cent) of Canadian working mothers said they didn’t receive any formal support from their employer during their maternity leave transition,…

  • By: Staff
  • May 27, 2021 May 26, 2021
  • 08:45
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Half of Canadians increasing use of virtual health care amid pandemic: survey

Half of Canadians said they’ve increased their use of virtual health care since the beginning of the coronavirus pandemic, according to a new survey by…

  • By: Staff
  • May 26, 2021 May 26, 2021
  • 15:00

Amazon, Walmart offering coronavirus vaccination bonuses to U.S. staff

Amazon.com Inc. and Walmart Inc. are offering bonuses to U.S. employees who show proof of a coronavirus vaccination. Amazon is giving $100 to new hires…

  • By: Staff
  • May 26, 2021 May 25, 2021
  • 09:00
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Women embracing remote working during the pandemic more than men: survey

Women are more likely than men to embrace the flexibility of remote working during the ongoing coronavirus pandemic, according to a global survey by FlexJobs.…

  • By: Staff
  • May 26, 2021 May 26, 2021
  • 08:45