Canadian defined benefit pension plans posted a median 3.13 per cent return for the third quarter of 2020, following a strong market rebound, according to…
Bee-Clean Building Maintenance janitors in British Columbia ratified their first collective agreement on Monday, winning employer-paid health and dental benefits, paid sick days and a wage boost. …
The Global Risk Institute is bringing together experts from various institutions to build a roadmap for implementing variable payment life annuities to achieve lifetime income…
A real estate fund created by the British Columbia Investment Management Corp., QuadReal Property Group and RBC Global Asset Management Inc. is receiving $805 million in equity…
On the heels of winning re-election in British Columbia, the New Democratic Party’s work is just beginning, particularly in delivering on its promise to extend…
Employers are increasingly focusing on the engagement and mental health of employees working remotely as the coronavirus pandemic drags on, according to a webinar hosted…
The maximum pensionable earnings under the Canada Pension Plan for 2021 are increasing to $61,600, from $58,700 in 2020. The new ceiling was calculated according to a CPP…
Uber Technologies Inc., Lyft Inc. and other app-based ride-hailing and delivery services spent $200 million in a winning bet to circumvent California lawmakers and the…
The Equitable Life Insurance Co. of Canada is enhancing its online enrolment tool for group benefits plan members. New employees will now be able to…
With so many Canadian employees working from home due to the coronavirus pandemic, the Canada Revenue Agency is adding home office furniture to the list…
As coronavirus cases rise across the country and some return-to-work plans become return-to-home plans, many employers are wondering how to help their employees adapt once again…
The Caisse de dépôt et placement du Québec is part of a $53-million round of Series C funding for AddEnergie Technologies Inc., a Quebec-based operator…
The average gross income replacement ratio for a typical defined contribution plan member was up at the end of September, according to Eckler Ltd.’s latest…
A recent decision from the Supreme Court of Canada suggests the test for employers seeking to limit recovery for unlawful termination damages related to long-term…
Canadian defined benefit pension plans posted a median three per cent return in 2020’s third quarter, buoyed by positive performance in equity markets, according to…
EQ Care is offering free access to its on-demand mental-health support program to help people cope as Canada endures a second wave of the coronavirus pandemic. “Being committed…
The Canada Infrastructure Bank is appointing Ehren Cory as chief executive officer. In the new role, Cory’s first priorities will include implementing the bank’s $10-billion growth plan and drawing…
The University of Toronto Asset Management Corp. is making significant progress toward its goals on climate change, according to its fourth annual responsible investing report.…
While the shift from driving to an office in a suit to shuffling to a laptop in slippers was supposed to be a temporary reaction…
The costs of employer-provided health plans in Canada are expected to rise seven per cent next year, outpacing general inflation by more than five per cent,…
While working Canadians expect to retire, on average, at age 62, they’ll require $878,000 in retirement savings, more than twice the amount of current retirees,…
Like a spiky meteorite, when the coronavirus pandemic hit earlier this year it demolished employer’s best-laid plans and is forcing them to find innovative ways…
With Canadian employees feeling the toll the coronavirus pandemic is taking on the economy, should policy-makers facilitate the use of workplace emergency savings plans? “We…
The Investment Management Corp. of Ontario has closed three private equity fund commitments totalling $1 billion. The three funds are: Kohlberg Investors IX, which aims to…
Alberta’s Local Authorities Pension Plan is cancelling its coordination option, citing regret and confusion from plan members who mistakenly accessed the feature without fully understanding the…