Latest news in Benefits Canada News

Salesforce planning to switch to flex-work model post-pandemic

58% of Canadian workers want hybrid-work arrangements post-pandemic: survey

A majority (58 per cent) of Canadian employees surveyed would like a hybrid-work arrangement that gives them the option to work from home or at…

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

Focusing on vision care benefits in year two of the pandemic

It’s easy for employers to focus less on table-stakes benefits offerings like vision care when there’s the the coronavirus pandemic to contend with. But, experts…

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Amazon vote could ‘light a fuse’ for more union pushes

Organizers in Bessemer, Ala., are pushing for some 6,000 Amazon.com Inc. warehouse employees to unionize on the promise it will lead to better working conditions,…

HOOPP, Social Capital Partners financing Taylor Guitars’ move to 100% employee-ownership

Taylor Guitars is moving to a 100 per cent employee-ownership model with the help of the Healthcare of Ontario Pension Plan and Canadian non-profit Social…

The ins and outs of the Canada Emergency Wage Subsidy one year on

On the heels of the World Health Organization declaring the novel coronavirus a global pandemic on March 11, 2020, Canada’s federal government rolled out several…

  • By: Rayaz Khan
  • March 30, 2021 April 6, 2021
  • 09:00

Canadians worrying about financial stress, job loss and retirement amid pandemic: survey

As the world and Canada enters year two of the coronavirus pandemic, it’s continuing to have an uneven impact on Canadians’ finances, according to a…

  • By: Staff
  • March 30, 2021 March 30, 2021
  • 09:00
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Canada Goose offering paid leave to employees to get coronavirus vaccination

Canada Goose Inc. is the latest employer to provide employees with paid leave to receive a coronavirus vaccine. The clothing manufacturer, which is headquartered in Toronto…

  • By: Staff
  • March 29, 2021 March 30, 2021
  • 15:00
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One year later: The AIMCo, CAAT and OPTrust on lessons learned during the pandemic

Despite adjustments to operations and investments during the coronavirus pandemic, Canada’s major pension plan leaders are maintaining a long-term view by looking ahead to a…

Majority of employees want hybrid work model after pandemic: survey

According to a new global work trend report by Microsoft Corp., the shift to remote working brought on by the coronavirus pandemic may just have…

  • By: Staff
  • March 26, 2021 April 25, 2021
  • 15:00
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Torstar moving some employees to permanent remote work model

Torstar Corp. is permanently closing the physical office spaces for the Ontario-based Waterloo Region Record and St. Catharines Standard newspapers and all staff of those news outlets will…

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FSRA advising DB MEPPs on governance, risk-management practices

The Financial Services Regulatory Authority of Ontario is issuing leading practices for the province’s defined benefit multi-employer pension plans, in the areas of governance, risk management and…

  • By: Staff
  • March 26, 2021 March 30, 2021
  • 09:00
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Gender gap persists in equity compensation plan participation: report

Men and women are unevenly participating in equity compensation plans among private employers, according to new research conducted in the U.S. by Morgan Stanley. The…

  • By: Staff
  • March 25, 2021 March 25, 2021
  • 15:00

Feds facing calls to extend wage, rent subsidies as coronavirus crisis drags on

The federal Liberals are facing calls from some of the hardest-hit businesses in the coronavirus pandemic to extend emergency-relief programs beyond June. The government has…

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Ontario’s budget highlights pension benefits, ongoing support for employers and employees

In its 2021 budget on Wednesday, the Ontario government said it’s requiring pension plan administrators to calculate and report their plan’s claim exposure to the…

  • By: Staff
  • March 25, 2021 March 25, 2021
  • 09:00

Manulife rewarding health, wellness program members who get coronavirus vaccine via points

Manulife is rewarding its group benefit and individual insurance members of its Vitality health and wellness program who receive the coronavirus vaccine with points. The…

  • By: Staff
  • March 25, 2021 March 25, 2021
  • 09:00
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Holding company backed by Caisse, Ontario Teachers’ making first acquisition, CPPIB investing in Brazil water infrastructure

An insurance holding company backed by the Caisse de dépôt et placement du Québec and the Ontario Teachers’ Pension Plan is making its inaugural transaction,…

  • By: Staff
  • March 25, 2021 April 24, 2021
  • 09:00

52% of U.S. employees want a hybrid work model post-pandemic: survey

A recent report by Citrix Systems Inc. and OnePoll found despite the challenges to work-life balance that can come with working from home, employees and…

  • By: Staff
  • March 24, 2021 March 24, 2021
  • 15:00

Canadian MEPPs facing challenges due to provincial funding requirements, plan growth

Canada’s multi-employer pension plans are facing a wide range of challenges, from funding requirements to future growth, according to a recent webinar hosted by the…

NDP tabling motion for all LTC homes, including the PSP’s Revera, to become non-profits

The New Democratic Party tabled a motion on March 22 that would immediately turn Revera Inc. — a company that runs more than 500 seniors’…

Stigma preventing employees from seeking mental-health help: report

As Canadians’ mental health continues to decline, employees are still hesitant to reach out to friends and co-workers to get help to deal with mental-health…

  • By: Staff
  • March 24, 2021 March 24, 2021
  • 09:00

The evolution of pension governance policies

Pension governance policies have been common for many years, at least since the Canadian Association of Pension Supervisory Authorities published its initial guidelines on pension…

Caisse investing in vision-care company; Ontario Teachers’, AIMCo selling governance solutions firm

The Caisse de dépôt et placement du Québec is part of an investment group acquiring New Look Vision Group Inc., a provider of eye-care products…

  • By: Staff
  • March 23, 2021 April 13, 2021
  • 09:00
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Review of Canada’s EI system in wake of CERB program needed: IMF report

An International Monetary Fund report recently released advises the Canadian government to do a broader review of its employment insurance system to address gaps in eligibility after the Canada Emergency…

Employees in Saskatchewan getting paid coronavirus vaccination leave

As Saskatchewan’s provincial government rolls out phase two of its vaccine delivery plan, the province is also amending its occupational health and safety regulations to…

  • By: Staff
  • March 22, 2021 April 23, 2021
  • 15:00
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Canada Life offering medication assistance to plan members on disability leave

Canada Life Assurance Co. is partnering with HumanisRx to provide medication reviews for plan members on disability leave. Through the MedCheckUp program, HumanisRx pharmacists provide…

  • By: Staff
  • March 22, 2021 March 22, 2021
  • 09:00