Latest news in Benefits Canada News

63% of U.S. employers with paid-time-off banks say most employees don’t take vacation due to workload: survey

While more than a third (38 per cent) of U.S. employers are offering employees a paid-time-off bank, up slightly from in 2017 (34 per cent),…

CRA clarifying how employers must determine province of employment for remote workers

The Canadian Revenue Agency is providing guidance for employers to determine the province of employment for full-time employees who are working remotely. As of Jan.…

  • By: Staff
  • February 13, 2024 February 13, 2024
  • 09:00

Vestcor appointing Sean Hewitt as president, CEO

Vestcor Inc. is appointing Sean Hewitt as president and chief executive officer, effective mid-April. He’ll succeed John Sinclair, who announced his retirement last November after…

  • By: Staff
  • February 12, 2024 February 14, 2024
  • 15:00
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Survey finds 75% of Canadian workers feeling stressed due to aggressive performance goals

Nearly three-quarters (70 per cent) of global employees say they feel increasingly stressed as their employer has set more aggressive performance goals, with the percentage…

  • By: Staff
  • February 12, 2024 February 9, 2024
  • 09:00

Caisse renews Charles Emond’s mandate as president, CEO until 2029

The Caisse de dépôt et placement du Québec has renewed the mandate of president and chief executive officer Charles Emond for a five-year period concluding…

  • By: Staff
  • February 9, 2024 February 9, 2024
  • 15:00
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Just 35% of working Canadians aged 50+ can afford to retire when they want: survey

Slightly more than a third (35 per cent) of working Canadians aged 50 and older say they can afford to retire when they want, according…

  • By: Staff
  • February 9, 2024 February 8, 2024
  • 09:00

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

An article on the Ontario Court of Appeal’s affirmation of a $1.5 million punitive damages award was the most-read article on BenefitsCanada.com this week. Here are the…

  • By: Staff
  • February 9, 2024 February 8, 2024
  • 09:00
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Quebec’s amendment to unlocking rule for VBAs, LIFs providing retirees 55+ with financial flexibility: expert

The Quebec government’s removal of the maximum annual amount that can be paid to people aged 55 and older with a variable benefit account tied…

Editorial: The more things change

Well hello there! We may have met during one of Benefits Canada’s and the Canadian Investment Review’s many events throughout the year, but if we…

How 5 employers are broadening the scope of mental-health support

Nearly four years after a global health crisis sparked an enduring spotlight on Canadians’ mental health, employees are increasingly making use of their workplace benefits…

Comparing workplace mental-health supports around the world

Although mental health is approached differently in workplaces around the globe, most multinational employers want to ensure a continuity of care and maintain a similar…

How active management strategies are helping institutional investors amid volatile global marketplace

As global markets navigate turbulent economic waters, active management is proving once again to be a lifeline for institutional investors to ensure their portfolios ride…

What are the issues for savings when mental health becomes a burden in retirement?

Since decreased cognition can impact retirees’ ability to make sound decisions, the Canadian Union of Public Employees urges its members to discuss financial matters with…

Halifax Port ILA/HEA assessing past, future of DB pension plans

While Blair Richards understands why the industry is moving away from defined benefit pension plans, he worries about what may be lost in the process.…

How remote working is impacting employee mental health

As the mental-health concerns of employees in remote working arrangements continue to evolve, Thomson Reuters Corp. is taking a flexible approach to supporting these workers.…

Q&A with KPMG in Canada’s Denis Trottier

The organization’s chief mental-health officer discusses sharing lived experiences, a new employee and family assistance program and maintaining his own mountain biking trail. Q: What…

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Survey finds gen Z, millennials seeking supportive, trusting employers

While nearly all (96 per cent) Canadian generation Z and millennial employees say they want to work for an employer that encourages workers to share…

  • By: Staff
  • February 8, 2024 February 7, 2024
  • 15:00

Average Canadian DB pension plan returns 8.4% in Q4 2023: report

The average Canadian defined benefit pension plan generated a median return of 8.4 per cent for the fourth quarter of 2023, according to a report…

  • By: Staff
  • February 8, 2024 February 7, 2024
  • 09:00
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New York City pension funds pushing RBC to disclose clean energy funding

Two New York City pension funds are pushing the Royal Bank of Canada to disclose more details on its clean energy funding. The shareholder resolution…

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36% of employers changing initial 2024 salary budgets: survey

Among the 36 per cent of Canadian employers that say they’ve made changes to their initial 2024 salary budgets, more than half (56 per cent)…

  • By: Staff
  • February 7, 2024 February 6, 2024
  • 15:00
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Webinar coverage: Exploring the role of pharmacists in diagnosing, managing diabetes

Amid an increase in diabetes diagnoses among Canadians, pharmacists can play a greater role in employers’ and private payers’ chronic disease prevention and management strategies…

OMERS appointing Celine Chiovitti as chief pension officer

The Ontario Municipal Employees’ Retirement System is appointing Celine Chiovitti as chief pension officer, effective Feb. 6, 2024. In the new role, she’ll continue to…

  • By: Staff
  • February 7, 2024 February 7, 2024
  • 09:00
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Feds launching web tool to track representation, pay disparity for women, minorities

The federal government has launched a new pay transparency website to better illustrate how women, visible minorities, people with disabilities and Indigenous Peoples are represented…

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CPPIB, Oxford Properties sell two Vancouver office buildings, OMERS closes €750 million term notes offering

The Canada Pension Plan Investment Board and Oxford Properties Group Inc., the real estate arm of the Ontario Municipal Employees’ Retirement System, are selling two…

  • By: Staff
  • February 6, 2024 February 5, 2024
  • 11:00

U.S.-China business relationship, private credit shaping investments in 2024: IMCO

The Investment Management Corp. of Ontario believes an increasingly icy dynamic between the U.S. and China could lead to heightened volatility for institutional investors this…