Latest news in Benefits Canada News

Ontario Teachers’ appointing Karen Frank as senior managing director of equities

Ontario Teachers’ appointing Karen Frank as senior managing director of equities

The Ontario Teachers’ Pension Plan is appointing Karen Frank as senior managing director of equities. Based in the pension fund’s London office, she’ll take on the new role in…

  • By: Staff
  • June 24, 2020 November 12, 2020
  • 15:15
Canadian workers want to maintain flexible, remote work after pandemic: survey

Canadian workers want to maintain flexible, remote work after pandemic: survey

While 87 per cent of Canadian employees who started working remotely for the first time during the coronavirus pandemic believe it will have a long-term…

  • By: Staff
  • June 24, 2020 November 12, 2020
  • 15:15
Workplace inclusivity starts with acknowledging systemic racism: report

OPB outlines commitment to stand against anti-Black, anti-Indigenous racism

The Ontario Pension Board has released a statement addressing the role it plays in standing against anti-Black and anti-Indigenous racism. “I know some of you…

  • By: Staff
  • June 24, 2020 February 23, 2021
  • 15:00
What’s dragging down the Canadian economy as the world reopens?

What’s dragging down the Canadian economy as the world reopens?

Along with the rest of the globe, Canada isn’t likely to see the V-shaped recovery that institutional investors were hoping for as it stares down…

Survey finds health apps, digital devices growing in popularity

Survey finds health apps, digital devices growing in popularity

Benefits plan members are increasingly using digital devices and mobile apps to improve their health, according to the 2020 Sanofi Canada health-care survey. More than…

  • By: Staff
  • June 24, 2020 November 12, 2020
  • 09:05
Unifor, Co-op end months-long pension dispute with new collective agreement

Unifor, Co-op end months-long pension dispute with new collective agreement

Saskatchewan refinery workers have ratified a tentative agreement with Federated Co-operatives Ltd., bringing an end to a half-year labour dispute over the company’s defined benefit pension…

  • By: Staff
  • June 24, 2020 November 12, 2020
  • 09:00
Saskatchewan’s PEBA outsourcing asset servicing for DB plans

Saskatchewan’s PEBA outsourcing asset servicing for DB plans

Saskatchewan’s Public Employees Benefits Agency is engaging CIBC Mellon to provide global and domestic custody, institutional accounting and securities lending. Through the partnership, the PEBA will use BNY Mellon…

  • By: Staff
  • June 24, 2020 November 12, 2020
  • 08:30
Ontario Teachers’ investing in UAE-based gas pipeline infrastructure

Ontario Teachers’ investing in UAE-based gas pipeline infrastructure

The Ontario Teachers’ Pension Plan is joining a consortium of other institutional investors to invest in certain gas pipeline assets of the Abu Dhabi National Oil Co.…

  • By: Staff
  • June 23, 2020 November 12, 2020
  • 15:00

FSRA updates guidance for pension plans concerned about filing deadlines

The Financial Services Regulatory Authority of Ontario is updating its guidance for pension plans around filing deadlines and member communications. The update reflects the government of Ontario’s regulations…

  • By: Staff
  • June 23, 2020 November 26, 2020
  • 09:30
How is benefits plan design evolving?

How is benefits plan design evolving?

About three-quarters (72 per cent) of Canadians with a workplace health benefits plan have a traditional plan and 28 per cent have a flex plan,…

  • By: Staff
  • June 23, 2020 November 12, 2020
  • 09:00
Caisse investing in Canadian sustainable architecture firm

Caisse investing in Canadian sustainable architecture firm

The Caisse de dépôt et placement du Québec is investing $8.7 million in Canadian architecture and design firm Lemay in the form of a loan.…

  • By: Staff
  • June 22, 2020 November 11, 2020
  • 15:15
Mark Wiseman appointed board chair of AIMCo

Mark Wiseman appointed board chair of AIMCo

The Alberta Investment Management Corp. is appointing Mark Wiseman as a board director and the chair of its board of directors, effective July 1, 2020. Wiseman will…

  • By: Staff
  • June 22, 2020 November 12, 2020
  • 15:00
HP Canada finds balance between inclusion, intrusion while onboarding during coronavirus

HP Canada finds balance between inclusion, intrusion while onboarding during coronavirus

For many employers, the newly digital office environment necessitated by the coronavirus pandemic can be awkward, especially for recent graduates entering career-track jobs for the…

PMPRB publishes new draft guidelines, launches 30-day consultation

As reported earlier this month, the Patented Medicine Prices Review Board has published a new draft of its guidelines and launched a 30-day written consultation…

Employee, employer views on quality of benefits plans differ, finds Sanofi survey

Employee, employer views on quality of benefits plans differ, finds Sanofi survey

While nearly half (47 per cent) of Canadian employees described their health benefits plan as excellent or very good, this number is at the low…

  • By: Staff
  • June 22, 2020 November 12, 2020
  • 09:00
Vopak Terminals staff move from DC to DB pension plan

Vopak Terminals staff move from DC to DB pension plan

As part of a new collective agreement ratified earlier this year, employees at Hamilton, Ont.-based Vopak Terminals have joined the Colleges of Applied Arts and Technology…

  • By: Staff
  • June 19, 2020 November 12, 2020
  • 15:15
Global employers increasing emphasis on work-life balance: survey

Global employers increasing emphasis on work-life balance: survey

The majority (95 per cent) of global employers said they include emotional and mental-health programs in their corporate well-being platforms, according to a new survey…

  • By: Staff
  • June 19, 2020 November 12, 2020
  • 15:15
Majority of benefits plan members agree workplace culture encourages wellness: survey

Majority of benefits plan members agree workplace culture encourages wellness: survey

More than three-quarters (77 per cent) of Canadian benefits plan members agree their workplace culture or environment encourages health and wellness, according to the 2020…

Alberta panel recommending province withdraws from CPP, creates Alberta Pension Plan

Alberta’s Fair Deal panel is recommending that the provincial government withdraws from the Canada Pension Plan and creates its own, subject to a referendum. “The panel…

Investment implications of a shifting economic outlook

Investment implications of a shifting economic outlook

Canadian institutional investors are operating in a landscape that has changed dramatically since the initial market and policy reactions to the coronavirus pandemic. “A lot has…

Caisse leveraging technology for investment, risk management

Caisse leveraging technology for investment, risk management

The Caisse de dépôt et placement du Québec is introducing a new structure to maximize its impact in technology. The integrated approach aims to leverage technology for…

  • By: Staff
  • June 19, 2020 November 12, 2020
  • 09:03
75% of global workers feel employers are looking after their well-being during coronavirus

75% of global workers feel employers are looking after their well-being during coronavirus

Three-quarters (75 per cent) of global employees said they feel their employers have been taking care of their well-being during the coronavirus pandemic, according to…

  • By: Staff
  • June 19, 2020 November 11, 2020
  • 09:02
Survey finds half of Canadians don’t know how to find virtual-care services

Survey finds half of Canadians don’t know how to find virtual-care services

More than half (55 per cent) of Canadians said they don’t know how to find virtual-care services, according to a survey by Sun Life Canada’s…

  • By: Staff
  • June 19, 2020 November 12, 2020
  • 09:01
Editorial: More insights from the 2020 CAP Member Survey

Editorial: More insights from the 2020 CAP Member Survey

As you’ll read in this issue’s cover story, our 2020 CAP Member Survey was fielded at the end of March and early April, targeting respondents…

Head to head: Should access to prescription drugs be restricted during coronavirus?

Head to head: Should access to prescription drugs be restricted during coronavirus?

The limitation of prescriptions to 30-day supplies aims to protect against drug shortages, but it’s creating challenges for Canadians who are living on fixed incomes.…