Latest news in Benefits Canada News

Caisse investing in U.S. subscription commerce platform

The Caisse de dépôt et placement du Québec, alongside existing investors, is investing $US185 million in subscription commerce platform AppDirect Inc. The funding brings the…

  • By: Staff
  • September 16, 2020 November 17, 2020
  • 15:00

Vodacom Group rolls out gender-neutral parental leave

Vodacom Group, a South African telecommunications firm, is providing all global employees with 16 weeks of fully paid parental leave, regardless of their gender or…

  • By: Staff
  • September 16, 2020 November 17, 2020
  • 15:00

Considerations for integrating ESG into fixed income

Environmental, social and governance factors are highly relevant to fixed income investment outcomes, but integration is complicated by the variety of issuers within the asset…

  • By: Kelsey Rolfe
  • September 16, 2020 November 17, 2020
  • 09:45

Pension benefits continue to lead growth in Canadian insurance industry: CLHIA

Canadians received a record $103 billion in benefits from life and health insurers last year, up 60 per cent from a decade earlier, according to…

  • By: Staff
  • September 16, 2020 November 30, 2020
  • 09:00

FSRA estimating jump in DB pension solvency off rebound in markets

The median projected solvency for Ontario’s defined benefit pension plans increased to 90 per cent at the end of 2020’s second quarter, up from 85…

  • By: Staff
  • September 15, 2020 November 17, 2020
  • 15:30

OTIP employees joining CAAT’s DBplus pension

The Ontario Teachers Insurance Plan and its group of companies are the latest employers to join the Colleges of Applied Arts and Technology’s DBplus pension…

  • By: Staff
  • September 15, 2020 November 30, 2020
  • 15:15

FSRA seeking input on draft guidance for DB pension transfers

The Financial Services Regulatory Authority is seeking stakeholder input on draft guidance on providing consent for asset transfer transactions under the Pension Benefits Act. Aiming to…

  • By: Staff
  • September 15, 2020 November 30, 2020
  • 09:00
SHARE, Groupe Investissement Responsable launching Canadian proxy voting company

SHARE, Groupe Investissement Responsable launching Canadian proxy voting company

The Shareholder Association for Research and Education and Groupe Investissement Responsable Inc. are creating a joint venture to provide proxy voting services to institutional investors…

  • By: Staff
  • September 15, 2020 November 17, 2020
  • 08:55
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OTIP employees joining CAAT’s DBplus

The Ontario Teachers Insurance Plan and its group of companies is the latest employer to join the Colleges of Applied Arts and Technology’s DBplus pension…

  • By: Staff
  • September 15, 2020 December 6, 2020
  • 06:54
OMERS participates in funding round for Canadian competitive intelligence company

OMERS participates in funding round for Canadian competitive intelligence company

The Ontario Municipal Employees Retirement System’s venture capital arm, OMERS Ventures, is participating in a series-A funding round for Klue, a Vancouver-based competitive enablement company,…

  • By: Staff
  • September 14, 2020 November 12, 2020
  • 15:15
U.S. employers increasing focus on virtual care, mental health in 2021: survey

U.S. employers increasing focus on virtual care, mental health in 2021: survey

Nearly half (45 per cent) of U.S. employers see investments in health and well-being as an integral part of their workplace strategy, compared to 36…

  • By: Staff
  • September 14, 2020 November 12, 2020
  • 15:15

Top 300 pension funds’ AUM grows 8% in 2019: research

The world’s 300 largest pension funds saw their assets under management increase in value by eight per cent in 2019, to a total value of…

  • By: Staff
  • September 14, 2020 November 17, 2020
  • 08:45

Employers concerned about retaining valued staff amid salary cuts, freezes: survey

A majority (82 per cent) of senior managers said they’re worried about their company’s ability to retain valued staff, with 34 per cent saying they’re…

  • By: Staff
  • September 11, 2020 November 17, 2020
  • 15:15

Medcan partnering with Lift to enhance wellness offering

Medcan is partnering with fitness app Lift to enhance its wellness offering to plan sponsors. The platform, which includes customized exercise programming, digital equipment and…

  • By: Staff
  • September 11, 2020 November 17, 2020
  • 15:00

What investing concerns are keeping pension plan sponsors up at night?

Real estate, a long-time stable, returns-generating asset class for pension plans, may no longer be as solid due to the impact of the coronavirus pandemic. “A…

  • By: Kelsey Rolfe
  • September 11, 2020 February 23, 2021
  • 10:30
Why Canadian pension funds should care about a slumping U.S. dollar

Why Canadian pension funds should care about a slumping U.S. dollar

The coronavirus pandemic has hit the U.S. dollar hard, disrupting a dynamic that Canadian pension funds have taken advantage of for years. Unhedged exposure to…

Canadian employers enhancing well-being programs in response to pandemic: survey

In response to the coronavirus pandemic, more than half of Canadian employers (53 per cent) are enhancing their well-being programs, while 27 per cent are…

  • By: Staff
  • September 11, 2020 November 17, 2020
  • 08:45

BMO introducing expanded diversity strategy to address gaps

BMO Financial Group is introducing a new diversity strategy that sets goals to address gaps affecting Black, Indigenous, People of Colour, Latino and LGBTQ2+ employees,…

  • By: Staff
  • September 10, 2020 November 17, 2020
  • 15:15

Bâtirente sets new climate commitment for 2025

Acknowledging that the multi-faceted causes and consequences of climate change call for different methods, Quebec-based pension fund Bâtirente is publishing a new climate commitment. “Effectively…

  • By: Staff
  • September 10, 2020 November 17, 2020
  • 09:00

Institutional investors looking to raise emerging market exposures: research

Historically, many institutional investors have been wary of emerging markets despite their growing role in the global economy, but the tide may be shifting, according…

  • By: Staff
  • September 10, 2020 November 17, 2020
  • 08:30
CPPIB appoints first chief investment officer

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…

  • By: Staff
  • September 9, 2020 November 12, 2020
  • 15:30

Canadians’ mental health declines with added concerns about back to school: survey

Canadians’ mental health continues to be affected by the impact of the coronavirus, including concerns about a second wave, ongoing economic uncertainties and the added…

  • By: Staff
  • September 9, 2020 November 17, 2020
  • 15:15

Navacord accquiring B.C.-based benefits broker

Navacord Corp. is expanding its group benefits business by acquiring British Columbia-based independent benefits brokerage Dehoney Financial Group. Dehoney, which has been in business for…

  • By: Staff
  • September 9, 2020 November 17, 2020
  • 15:00

Why the ‘S’ in ESG should stay in spotlight post-pandemic

Evidence is growing that company standards on social factors are a major risk and opportunity set for institutional investors to examine. The coronavirus pandemic has…

Younger Canadians most likely to dip into savings during pandemic: survey

While nearly half (45 per cent) of Canadians said they’re feeling less financially secure since the coronavirus pandemic began, that number is slightly higher (49…

  • By: Staff
  • September 9, 2020 November 17, 2020
  • 08:45