Latest news in Benefits Canada News

Investors calling for board oversight of human rights risk at Alphabet

Investors calling for board oversight of human rights risk at Alphabet

A group of more than 80 global investment managers with a combined $10 trillion in assets under management is calling on Alphabet Inc. to implement…

Webinar: Current health-care policies impacting private drug coverage

Webinar: Current health-care policies impacting private drug coverage

On May 12, Benefits Canada hosted a webinar to discuss the pharmaceutical industry’s efforts during the coronavirus crisis, as well as some key policy issues…

Caisse, CPPIB building on investment in engineering firm

Caisse, CPPIB building on investment in engineering firm

The Caisse de dépôt et placement du Québec and the Canada Pension Plan Investment Board are investing in WSP Global Inc., an engineering and design services firm,…

  • By: Staff
  • June 3, 2020 November 12, 2020
  • 08:40

Employers encouraging, requiring staff to take vacation to avoid burnout: survey

Will this summer be prime vacation time for Canadians? While travel restrictions and social distancing protocols are still in effect, many employers are encouraging their staff…

  • By: Staff
  • June 2, 2020 September 1, 2022
  • 15:30
Changes to employment status, high-risk jobs affecting Canadians’ anxiety levels: survey

Changes to employment status, high-risk jobs affecting Canadians’ anxiety levels: survey

A quarter (26 per cent) of Canadians indicated moderate to severe anxiety levels, 23 per cent said they felt lonely occasionally or most of the…

  • By: Staff
  • June 2, 2020 November 12, 2020
  • 15:15
IMCO appointing chief strategist, CPPIB adds European senior advisor

IMCO appointing chief strategist, CPPIB adds European senior advisor

The Investment Management Corp. of Ontario is appointing Nick Chamie as chief strategist to lead the organization’s asset allocation, currency management and fixed income strategies…

  • By: Staff
  • June 2, 2020 November 12, 2020
  • 15:00
MPAC supporting staff mental health during pandemic with leader chats

MPAC supporting staff mental health during pandemic with leader chats

The Municipal Property Assessment Corp. is hosting a series of virtual leader chats to help its employees manage the mental-health challenges of the coronavirus pandemic…

Projected Ontario DB pension solvency ratios take hit in Q1: report

Projected Ontario DB pension solvency ratios take hit in Q1: report

The first quarter of 2020 was rough for Ontario defined benefit pension plans as they experienced the most significant quarterly decline in projected solvency ratios…

  • By: Staff
  • June 2, 2020 November 12, 2020
  • 09:45

Ontario amending employment standards to make temporary layoffs part of new emergency leave

The Ontario government is amending the Employment Standards Act to make temporary layoffs which occurred after March 1, 2020, part of new emergency leave provisions…

PMPRB to publish new draft guidelines, open up final consultation

PMPRB to publish new draft guidelines, open up final consultation

The Patented Medicine Prices Review Board will publish a new draft of its guidelines on June 15, followed by a written consultation period for 30…

  • By: Staff
  • June 1, 2020 November 12, 2020
  • 15:30

Coronavirus pummels certain real estate assets, bolsters others

While real assets have traditionally served institutional investors well during times of economic stress, the ramifications of the coronavirus pandemic are starting to take their…

  • By: Staff
  • June 1, 2020 February 7, 2021
  • 15:15
How will health practitioners reopening affect benefits plans?

How will health practitioners reopening affect benefits plans?

The Ontario government is giving health-care providers, including dentists, massage therapists, optometrists and psychologists, the green light to gradually reopen their practices. The order from the province’s chief…

Employees still in work with reduced salaries highest on mental-health index

Employees still in work with reduced salaries highest on mental-health index

While Morneau Shepell Ltd.’s latest mental-health index had the same score — a negative 12-point decline from the pre-coronavirus pandemic benchmark of 75 — as…

  • By: Staff
  • June 1, 2020 November 12, 2020
  • 09:00
Blake Hutcheson succeeds Michael Latimer as OMERS’ CEO

Blake Hutcheson succeeds Michael Latimer as OMERS’ CEO

As reported in December 2019, Blake Hutcheson has succeeded Michael Latimer as the new chief executive officer of the Ontario Municipal Employees Retirement System, effective…

  • By: Staff
  • June 1, 2020 November 11, 2020
  • 08:45
Alyssa Hodder joining International Foundation of Employee Benefit Plans

Alyssa Hodder joining International Foundation of Employee Benefit Plans

The International Foundation of Employee Benefit Plans has appointed Alyssa Hodder as director of education and outreach for Canada. In the new role, she’ll be…

  • By: Staff
  • June 1, 2020 November 11, 2020
  • 08:25
IIROC nominates three candidates for independent director positions

IIROC nominates three candidates for independent director positions

The Investment Industry Regulatory Organization of Canada is nominating three candidates for upcoming independent director positions on its board. The nominees — Malcolm Heins, Jennifer Newman and Laura…

  • By: Staff
  • May 29, 2020 November 12, 2020
  • 15:00
U.S. employers maintaining health benefits, considering other cost-cutting measures: survey

How the coronavirus pandemic’s new normal is shaping total rewards

In the group benefits world, the first rumblings of the effects of the coronavirus pandemic came when plan sponsors started asking, as early as January,…

ACPM calling for ‘made-in Alberta’ pension measures due to financial impact of coronavirus

The Association of Canadian Pension Management’s Alberta regional council is highlighting the need for “made-in-Alberta” measures focused on pension plan sponsors, administrators and members due…

  • By: Staff
  • May 29, 2020 November 30, 2020
  • 08:30
Mawer appoints new leader of fixed income strategies

Mawer appoints new leader of fixed income strategies

Mawer Asset Management Ltd. is appointing Crista Caughlin as lead manager of Canadian bond, global bond and Canadian money market strategies. Caughlin, who joined Mawer…

  • By: Staff
  • May 28, 2020 November 12, 2020
  • 15:30
Pension risk-transfer market sees $5.2BN in transactions in 2019: report

Pension risk-transfer market sees $5.2BN in transactions in 2019: report

The pension risk-transfer market had another record-breaking year for transactions in 2019, according to Eckler’s latest report. Transactions for the year came to $5.2 billion,…

  • By: Staff
  • May 28, 2020 July 20, 2021
  • 15:00
Public sector union calling on PSP to end investment in long-term care operator

Public sector union calling on PSP to end investment in long-term care operator

The union representing more than 200,000 Canadian public sector employees says the Public Sector Pension Investment Board’s investment in a for-profit, long-term care provider is…

Sun Life adding mental-health navigator for benefits plan members

Sun Life adding mental-health navigator for benefits plan members

Sun Life is making a mental-health navigator available to plan members, aiming to help them find support during the coronavirus pandemic. The navigator, provided by Teladoc…

  • By: Staff
  • May 28, 2020 November 12, 2020
  • 09:00
Google to pay work-from-home allowance to all global employees

Google to pay work-from-home allowance to all global employees

With the expectation that most of its workers will be working from home for the rest of 2020, Google is giving all of its global…

  • By: Staff
  • May 27, 2020 November 12, 2020
  • 15:15
Manulife giving 35,000 staff day off as thank you

Manulife giving 35,000 staff day off as thank you

Manulife Financial and its subsidiary John Hancock are giving their more than 35,000 employees a day off on Friday to say thank you for all…

  • By: Staff
  • May 27, 2020 November 12, 2020
  • 15:00
Employers can’t use SUB plans to top up employees laid off due to pandemic

Employers can’t use SUB plans to top up employees laid off due to pandemic

Employers with registered supplemental unemployment benefit plans aren’t able to use them to top up laid-off employees who are receiving the Canada Emergency Response Benefit.…