Latest news in Benefits Canada News

IMCO sells stake in Spanish electricity provider

IMCO sells stake in Spanish electricity provider

The Investment Management Corp. of Ontario has sold its interest in Spanish electricity provider Viesgo to funds managed by Macquarie Infrastructure and Real Assets. Prior the sale,…

  • By: Staff
  • June 12, 2020 November 12, 2020
  • 08:45
Do institutional investors have to choose between divestment and engagement?

Do institutional investors have to choose between divestment and engagement?

For institutional investors, the debate still rages over whether to divest from a company they find to have problematic practices where environmental, social and governance…

  • By: Staff
  • June 11, 2020 November 12, 2020
  • 15:15
CLHIA names Jean-François Chalifoux new board chair

CLHIA names Jean-François Chalifoux new board chair

The Canadian Life and Health Insurance Association is appointing Jean-François Chalifoux, chief executive officer of SSQ Life Insurance Co. Inc., as the new chair of its…

  • By: Staff
  • June 11, 2020 November 12, 2020
  • 15:00
DB regulations a bad fit for target-benefit plans, MEPPs: report

DB regulations a bad fit for target-benefit plans, MEPPs: report

Canada’s pension regulations have been designed to govern defined benefit plans and are a bad fit for target-benefit and multi-employer pension plans, according to a…

  • By: Staff
  • June 11, 2020 November 30, 2020
  • 09:30
Alberta’s public-sector pension plans reassuring members amid worry over ministerial order

Alberta NDP introduces bill to reverse teachers’ pension transfer to AIMCo

The Alberta New Democratic Party’s labour and immigration critic is attempting to reverse the provincial government’s plan to transfer teachers’ pensions to the Alberta Investment…

  • By: Staff
  • June 11, 2020 February 15, 2022
  • 09:00
Teladoc to provide telemedicine services to 350 First Nations, Inuit employers

Teladoc to provide telemedicine services to 350 First Nations, Inuit employers

Through a partnership with Johnston Group Inc., Teledoc Health Inc. is offering its telemedicine services to 350 First Nations and Inuit employers to provide to their employees.…

  • By: Staff
  • June 10, 2020 November 12, 2020
  • 15:00
Canadians cite 91% satisfaction rate with virtual health care

Canadians cite 91% satisfaction rate with virtual health care

Almost half of Canadians have now accessed a physician using virtual-care options and are highly satisfied with the results, according to a new survey by…

  • By: Staff
  • June 10, 2020 November 12, 2020
  • 09:00
Survey finds strong employee loyalty but divided views on return to work

Survey finds strong employee loyalty but divided views on return to work

While the majority of Canadian employees said they remain loyal to their employers, they’re divided when it comes to returning to the workplace, according to…

  • By: Staff
  • June 10, 2020 November 12, 2020
  • 08:45
Global Montreal staff reject Corus’s final offer, citing pay, benefits, pension issues

Global Montreal staff reject Corus’s final offer, citing pay, benefits, pension issues

Global Montreal employees have overwhelmingly rejected a final offer from their employer Corus Entertainment to renew their collective agreement, over concerns around their pay, benefits and…

  • By: Staff
  • June 10, 2020 November 12, 2020
  • 08:15
How defensive strategies played out for CN Rail pension, ATRF as markets crashed

How defensive strategies played out for CN Rail pension, ATRF as markets crashed

When the coronavirus pushed equity markets off a cliff, Canadian defined benefit pension plans had to mobilize to address a number of concerns. The Canadian…

Half of Canadian employers have a policy to address benefits during disability: survey

Just half of Canadian employers said they’ve adopted a formal policy to clearly communicate their approach to disability benefits in the event of a conflict,…

  • By: Staff
  • June 9, 2020 November 24, 2020
  • 09:00
Will social bonds’ popularity grow with coronavirus recovery?

Will social bonds’ popularity grow with coronavirus recovery?

The City of Toronto has launched a social debenture framework to fund investments in affordable housing, transit and other basic infrastructure, access to essential services…

CAAT, Lawyers Financial partner to give Canadian legal community access to DBplus

CAAT, Lawyers Financial partner to give Canadian legal community access to DBplus

Canadian lawyers and law firm staff now have access to the College of Applied Arts and Technology’s DBplus pension plan through an affinity arrangement between the…

  • By: Staff
  • June 8, 2020 November 11, 2020
  • 15:15
BCI touts ESG successes in 2019 report

BCI touts ESG successes in 2019 report

The British Columbia Investment Management Corp. is touting its 2019 environmental, social and governance successes in its annual ESG report. Some highlights from the year…

  • By: Staff
  • June 8, 2020 November 11, 2020
  • 15:00

Caisse real-estate arm partnering to provide retail tenants with e-commerce solutions

Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, is helping small and medium-sized tenants in its Canadian shopping…

Uber Black drivers fight for unionization at labour board hearing

Uber Black drivers fight for unionization at labour board hearing

Toronto drivers for Uber Technologies Inc.’s premium Black service are fighting to bring themselves one stop closer to unionization and being recognized as employees of the popular…

Canadian employment rises 1.8% as economies reopen: Stats Can

Canadian employment rises 1.8% as economies reopen: Stats Can

Canadian employment numbers rose by 290,000 in May, or a 1.8 per cent increase on the previous month, as provinces started to reopen their economies,…

  • By: Staff
  • June 5, 2020 February 23, 2021
  • 15:00
LAPP reporting $3.4-billion loss in first quarter of 2020

LAPP reporting $3.4-billion loss in first quarter of 2020

The Local Authorities Pension Plan is reporting a $3.4-billion loss in an “exceedingly difficult” first quarter, reducing the size of the fund by 6.5 per cent. The…

  • By: Staff
  • June 5, 2020 November 12, 2020
  • 09:30
Workers determined to retire during market turmoil may turn to alternative income sources

Workers determined to retire during market turmoil may turn to alternative income sources

While some defined contribution pension plan members may push their retirement plans back because of market turmoil caused by the coronavirus, others won’t be willing…

  • By: Staff
  • June 5, 2020 November 30, 2020
  • 08:45
IMCO adding to investment in European bandwidth infrastructure company

IMCO adding to investment in European bandwidth infrastructure company

The Investment Management Corp. of Ontario is adding €250 million to its previous investments in euNetworks Group Ltd., a European bandwidth infrastructure company. The cash injection is…

  • By: Staff
  • June 4, 2020 November 12, 2020
  • 15:15
Green Shield Canada offering chronic pain management app to plan members

Green Shield Canada offering chronic pain management app to plan members

Green Shield Canada is partnering with ManagingLife Inc. to offer the software developer’s Manage My Pain app at no cost to benefits plan members for…

  • By: Staff
  • June 4, 2020 November 12, 2020
  • 15:00
Feds and eight provinces sign new MJPP agreement

Feds and eight provinces sign new MJPP agreement

The federal government and several provinces are signing a new agreement regarding administration and regulation of multi-jurisdictional pension plans. The provincial governments of British Columbia, Alberta, Saskatchewan, Ontario,…

  • By: Staff
  • June 4, 2020 March 29, 2023
  • 10:15

Financial wellness programs should stress capability, not just literacy: webinar

With many Canadians dealing with financial stress, employers are uniquely positioned to help, but their financial wellness programs must go beyond just literacy. “[Everyone] has heard the term…

Will the four-day workweek become the norm post-coronavirus?

Will the four-day workweek become the norm post-coronavirus?

If employee productivity increases by two per cent per year for the next decade, Canadians could enjoy a four-day workweek without giving up income or…

  • By: Staff
  • June 3, 2020 November 12, 2020
  • 15:30
Guardian Capital acquiring majority interest in U.S. investment manager

Hub acquiring Toronto- and Calgary-based benefits consultancies

Hub International Ltd. is acquiring Usefulideas, an employee benefits and group retirement consultancy based in Toronto. Joanne Rose, the organization’s principal and senior benefits consultant,…

  • By: Staff
  • June 3, 2020 February 23, 2021
  • 15:15