Latest news in Benefits Canada News

Ontario Teachers’ invests in supply chain tech, announces CFO to retire

The Ontario Teachers’ Pension Plan is leading a US$50-million series C funding round for Calgary-based 3D robotics supply chain company Attabotics Inc. The pension fund is making…

  • December 10, 2020 January 20, 2021
  • 18:51

Mark Carney to head ESG, impact investing at Brookfield

Brookfield Asset Management Inc. is appointing Mark Carney as vice-chair and head of environmental, social and governance and impact fund investing. Carney is currently the United Nations’ special envoy…

  • December 10, 2020 January 22, 2021
  • 18:49
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Aon promoting Federico Cervantes, Erwan Pirou to global partners

Aon is promoting Federico Cervantes and Erwan Pirou to global partners of the firm. Cervantes joined Aon in 2018 as associate partner and head of investment…

  • December 10, 2020 January 18, 2021
  • 18:49

CPPIB appoints first chief investment officer

The Canada Pension Plan Investment Board is appointing Edwin Cass as its first-ever chief investment officer. In the new role, he’ll be responsible for total…

  • December 10, 2020 January 22, 2021
  • 18:48
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Proteus promoting three to senior investment consultant roles

Proteus is promoting Teimaz Binesh, Lewis Powell and Michael Scott to senior investment consultants. In their new roles, they’ll continue to provide investment consulting and governance…

  • December 10, 2020 January 18, 2021
  • 18:46
Bâtirente continuing to reduce carbon footprint of investments

Bâtirente continuing to reduce carbon footprint of investments

Quebec-based pension fund Bâtirente has reduced the carbon footprint of its equities by more than 22 per cent of its benchmark portfolios, according to the…

  • December 10, 2020 April 28, 2021
  • 15:00
24% of Canadians considering job or career change due to pandemic: survey

24% of Canadians considering job or career change due to pandemic: survey

Almost one in four (24 per cent) of Canadian employees said the coronavirus pandemic has led them to consider a job or career change, according…

  • By: Staff
  • December 10, 2020 April 28, 2021
  • 09:00
Employers creatively celebrating the holiday season amid the coronavirus crisis

Employers creatively celebrating the holiday season amid the coronavirus crisis

‘Tis the season for employers finding unique ways to mark the holiday season during the coronavirus pandemic. When the December holiday season rolls around, Rogers…

CPPIB, Caisse investing in European clean energy projects

The Canada Pension Plan Investment Board is launching Renewable Power Capital Ltd., a U.K.-based platform that will focus on renewable energy investments in Europe. The platform…

  • By: Staff
  • December 9, 2020 April 28, 2021
  • 15:00
U.S. employers with flex work rethinking approach to total rewards, pay: report

U.S. employers with flex work rethinking approach to total rewards, pay: report

In the wake of the coronavirus pandemic, U.S. employers are embracing flexible working arrangements and considering adopting a hybrid model for rewards and pay, said…

  • December 9, 2020 April 28, 2021
  • 09:00

Employee share purchase plans weathering the pandemic despite market dips

Employee share purchase plans are enduring the ongoing coronavirus pandemic, despite dips in stock prices for some sectors, says Scott Anderson, regional vice-president of employee…

Walmart Canada giving employees ‘appreciation’ bonus

Walmart Canada giving employees ‘appreciation’ bonus

Walmart Canada Corp. is giving new cash bonuses to its employees, saying the “appreciation bonus payment” recognizes their ongoing dedication during the coronavirus pandemic. The move…

Caisse shifting roles in real assets group, Tall joining Carlyle Group

Caisse shifting roles in real assets group, Tall joining Carlyle Group

The Caisse de dépôt et placement du Québec is making several appointments in its real assets group in response to the departure of Macky Tall.…

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How employers can rethink benefits, rewards amid the coronavirus crisis

Employee benefits and total rewards planning have always been a critical element of business planning, but never more so than during the ongoing coronavirus pandemic.…

Municipal Benchmarking Network Canada launching pension plan, joining CAAT’s DBplus

Municipal Benchmarking Network Canada launching pension plan, joining CAAT’s DBplus

The Municipal Benchmarking Network Canada is the latest organization joining the Colleges of Applied Arts and Technology’s DBplus pension plan. The benchmarking collaborative, formerly known as Ontario…

  • By: Staff
  • December 7, 2020 April 28, 2021
  • 15:00
Corby, Hiram Walker entering $176M group annuity buy-in

Corby, Hiram Walker entering $176M group annuity buy-in

Corby Spirit and Wine Ltd. and Hiram Walker & Sons Ltd. are de-risking with a $176-million group annuity buy-in amidst volatile markets caused by the…

  • By: Staff
  • December 7, 2020 April 28, 2021
  • 15:00

Who are the winners of the inaugural Pension Leadership Awards?

During the virtual 2020 Defined Benefit Investment Forum on Thursday, the Canadian Investment Review announced the winners of its inaugural Pension Leadership Awards. The winners…

  • By: Staff
  • December 7, 2020 April 28, 2021
  • 08:45
SSQ Insurance, la Capitale rebranding as Beneva

SSQ Insurance, la Capitale rebranding as Beneva

SSQ Life Insurance Co. Inc. and la Capitale Insurance and Financial Services are rebranding as Beneva, a mutual insurance company with more than $20 billion in assets…

  • By: Staff
  • December 4, 2020 April 28, 2021
  • 16:00
Maximus Rose partnering with medical cannabis consulting company

Maximus Rose partnering with medical cannabis consulting company

Maximus Rose Living Benefits Inc. is partnering with Medical Marijuana Consultants to offer virtual consulting services and access to medical cannabis to plan sponsors and…

  • By: Staff
  • December 4, 2020 April 28, 2021
  • 15:00
City of Toronto pivoting to permanent hybrid work model

City of Toronto pivoting to permanent hybrid work model

Being an office worker used to mean going to an office. Not anymore. A new day has already dawned for many, including the City of…

PIAC responds to consultation on pension benefit security, windup valuations

PIAC responds to consultation on pension benefit security, windup valuations

The Pension Investment Association of Canada is commenting on a consultation from the Canadian Institute of Actuaries’ actuarial standards board, providing feedback on benefit security, stress testing…

  • By: Staff
  • December 4, 2020 April 28, 2021
  • 08:45

U.S. employers tweaking vacation, paid-time-off policies amid pandemic: survey

Employers in the U.S. are changing policies related to vacation and paid time off in the wake of the coronavirus pandemic, according to a new survey by…

  • By: Staff
  • December 3, 2020 September 23, 2021
  • 15:15
Caisse investing in U.S.-based fintech company

Caisse investing in U.S.-based fintech company

The Caisse de dépôt et placement du Québec is investing in IEX Group Inc., a New York-based financial technology company. The company operates the Investors’ Exchange, a…

  • By: Staff
  • December 3, 2020 April 28, 2021
  • 15:00
Institutional investors turning to equities, global markets in 2021

Institutional investors turning to equities, global markets in 2021

Institutional investors are focusing on equities and global markets as the economic effects of the coronavirus pandemic continue in Canada, according to a webinar hosted…

Using benefits data, return to basics to weather coronavirus pandemic

Using benefits data, return to basics to weather coronavirus pandemic

With the coronavirus pandemic affecting plan sponsors in different ways, they can return to the basics and use data to manage their benefits spend, according to…