Latest news in Benefits Canada News

Women comprise 34% of new Canadian board appointments: report

Gender diversity is increasing on the boards of Canada’s 100 largest publicly-traded companies, according to a new report by KPMG Canada. It found women comprised…

  • By: Staff
  • December 3, 2020 April 28, 2021
  • 08:50
Sun Life CEO Dean Connor retiring, Kevin Strain taking over in mid-2021

Sun Life CEO Dean Connor retiring, Kevin Strain taking over in mid-2021

Dean Connor, Sun Life Financial Inc.’s president and chief executive officer, is retiring, effective Aug. 6, 2021. Kevin Strain will take over as president and…

  • By: Staff
  • December 2, 2020 April 28, 2021
  • 15:15
Ontario Teachers’ investing in eye-care provider

Ontario Teachers’ investing in eye-care provider

The Ontario Teachers’ Pension Plan is acquiring a majority stake in NVISION Eye Centers, a U.S.-based provider of eye-care services. As part of the transaction,…

  • By: Staff
  • December 2, 2020 April 28, 2021
  • 09:20
Pandemic-induced recession may impact paternity leave usage: study

Pandemic-induced recession may impact paternity leave usage: study

New research is suggesting a bump in the number of fathers planning to take time off with a new baby under a nascent national leave program…

Feds revising legislation on conversion of health and welfare trusts

The federal government has published revised draft legislation for the Income Tax Act that would facilitate the conversion of existing health and welfare trusts into…

  • By: Staff
  • December 2, 2020 April 28, 2021
  • 08:50
Economic statement includes new rules for employee stock options

Economic statement includes new rules for employee stock options

In Monday’s fall economic statement, the federal government proposed changes to employee stock option rules and offered additional support for essential workers. The statement provided an…

  • By: Staff
  • December 1, 2020 April 28, 2021
  • 10:30
Manulife giving all staff $50 to ‘pay forward’ this holiday season

Manulife giving all staff $50 to ‘pay forward’ this holiday season

In lieu of traditional end-of-year company celebration events and gifts, Manulife Financial Corp. is giving its 35,000 employees around the world $50 each and encouraging…

  • By: Staff
  • December 1, 2020 April 28, 2021
  • 08:45
Sobeys bringing back pay premiums, LifeLabs giving hero recognition bonuses

Sobeys bringing back pay premiums, LifeLabs giving hero recognition bonuses

Sobeys Inc. is bringing back pay premiums for staff in locations where coronavirus lockdowns are in effect. Parent company Empire Co. Ltd. has reinstated ‘hero pay’…

CPPIB investing in Seattle real estate, BCI in legacy acquirer

CPPIB investing in Seattle real estate, BCI in legacy acquirer

The Canada Pension Plan Investment Board and Hudson Pacific Properties Inc. are purchasing an office tower in Seattle for US$625 million. The property is 98 per cent leased with…

  • By: Staff
  • November 30, 2020 November 30, 2020
  • 15:00
Where does securitized credit fit into pension portfolios?

Where does securitized credit fit into pension portfolios?

After the global financial crisis, securitized credit was left with a bad reputation, but it may be time for investors to look at how the…

  • By: Yaelle Gang
  • November 30, 2020 January 19, 2021
  • 09:00
CAPSA seeking feedback on revised pension plan funding policy guideline

CAPSA seeking feedback on revised pension plan funding policy guideline

The Canadian Association of Pension Supervisory Authorities is releasing a consultation draft of revisions to its pension plan funding policy guideline. The guideline provides direction…

  • By: Staff
  • November 30, 2020 January 19, 2021
  • 09:00

Provinces asking feds to delay bump in CPP premiums

Provincial finance ministers have been quietly prodding Finance Minister Chrystia Freeland to pause planned increases in the premiums employers and employees pay into the Canada Pension…

Federal government publishes employment equity regulations

Federal government publishes employment equity regulations

The federal government is introducing new pay transparency regulations for federally regulated, private sector employers with 100 or more employees. The legislative amendment to the Equity…

  • By: Staff
  • November 27, 2020 November 27, 2020
  • 15:15
Green Shield Benefits Association acquiring Benecaid

Green Shield Benefits Association acquiring Benecaid

The Green Shield Benefits Association, part of the Green Shield Canada group of companies, is acquiring Benecaid Health Benefit Solutions Inc. The company’s current leadership…

  • By: Staff
  • November 27, 2020 November 27, 2020
  • 15:00
Canadian ESG-related investment assets surge to $3.2 trillion: report

Canadian ESG-related investment assets surge to $3.2 trillion: report

Investments that incorporate environmental, social and governance factors are growing rapidly in Canada, according to a new survey by the Responsible Investment Association. It found these…

  • By: Staff
  • November 27, 2020 January 19, 2021
  • 09:15
EQ Care appointing new director of disability management support services

EQ Care appointing new director of disability management support services

EQ Care is appointing Rosalie Croteau as director of disability management support services. As the company extends further into this area, Croteau will be assisting…

  • By: Staff
  • November 27, 2020 January 19, 2021
  • 09:14
IMCO launching first structured pool of assets

IMCO launching first structured pool of assets

The Investment Management Corp. of Ontario is launching its first structured pool of assets, worth approximately $3.5 billion. The launch of the Canadian public equity pool marks a…

  • By: Staff
  • November 27, 2020 January 19, 2021
  • 09:13
Online CBT effective for chronic, severe mental-health conditions

Online CBT effective for chronic, severe mental-health conditions

Internet-based cognitive behavioural therapy is reaching pockets of the population that had never previously accessed mental-health care and achieving clinical improvement for users, said Adam…

Meeting the growing need for mental health with virtual care

Meeting the growing need for mental health with virtual care

Long before the coronavirus pandemic disrupted everyone’s lives, a large portion of the working population had mental-health issues that affected their jobs and performance. But the pandemic…

  • By: Sonya Felix
  • November 27, 2020 November 27, 2020
  • 09:00
Seneca College’s EAP schooling remote workers on fitness

Seneca College’s EAP schooling remote workers on fitness

As remote working continues amid the ongoing coronavirus pandemic, Seneca College is increasingly promoting employee fitness. “Employee fitness has always been a high priority for…

  • By: Blake Wolfe
  • November 27, 2020 November 27, 2020
  • 09:00
Conference Coverage: 2020 Mental Health Summit

Conference Coverage: 2020 Mental Health Summit

The coronavirus pandemic has brought the importance of mental health to the forefront like never before. On Nov. 12 and 13, the virtual 2020 Mental…

A look at the link between mental health and gut health

A look at the link between mental health and gut health

The mental-health impacts of isolation and quarantine are clear, but Canadians may not realize loneliness can also harm their physical health, said Diane McIntosh, psychiatrist…

Understanding the journey of a patient with depression

Understanding the journey of a patient with depression

Defining depression may seem simple, but it’s actually a complex mental-health disorder that can look different for every person it affects. That’s why a personalized…

  • By: Sonya Felix
  • November 27, 2020 November 27, 2020
  • 07:56

Addressing the role of the workplace in mental-health issues, support

Two-thirds of employees making short- or long-term disability claims cited their workplace or work-related issues as a cause, but despite this only one in three…

Widespread use of AI could spur mental-health challenges

Widespread use of AI could spur mental-health challenges

Technology and artificial intelligence can play important roles in helping to address mental-health issues, but they also have the potential to greatly exacerbate them, according…