Latest news in Benefits Canada News

Dividend opportunities for institutional investors amid coronavirus crisis

Dividend opportunities for institutional investors amid coronavirus crisis

Public companies are deferring long-term capital expenditure, pausing share repurchase programs and cutting dividends to deal with the economic fallout of the coronavirus crisis. But companies…

How are pension plan sponsors’ fiduciary duties evolving in the time of coronavirus?

How are pension plan sponsors’ fiduciary duties evolving in the time of coronavirus?

While the coronavirus pandemic certainly doesn’t change pension plan sponsors’ fundamental fiduciary duty to their plan members, the crisis is creating circumstances that will test how that responsibility…

Amazon extending increased hourly pay through May

Amazon extending increased hourly pay through May

Amazon.com Inc. is extending its increased hourly pay for all global employees and its double overtime pay for employees in Canada and the U.S. through…

  • By: Staff
  • May 15, 2020 November 11, 2020
  • 15:15
Employers making plans for return-to-work processes: survey

Employers making plans for return-to-work processes: survey

The majority (93 per cent) of Canadian employers plan to favour a government-based approach when it comes to bringing their employees back to work, according…

  • By: Staff
  • May 15, 2020 November 12, 2020
  • 15:00

Legal considerations for employers as pandemic drags on

With the coronavirus pandemic set as the backdrop for the foreseeable future, employers are getting mixed signals about the best way to function safely and…

IMCO focusing on liquidity, cost-efficiency amid coronavirus crisis

IMCO focusing on liquidity, cost-efficiency amid coronavirus crisis

The extent of fiscal and monetary intervention in the economy in response to the coronavirus crisis is likely to lead to deficits unlike anything seen before…

U.S. employers changing health, retirement offerings due to coronavirus

U.S. employers changing health, retirement offerings due to coronavirus

The coronavirus pandemic has prompted U.S. employers to make several changes to their health and retirement offerings, according to a new survey by the International Foundation…

  • By: Staff
  • May 15, 2020 November 30, 2020
  • 09:05

Aon launches online tool to forecast coronavirus impact on benefits plans

Aon has introduced an interactive online tool that forecasts the impact of the coronavirus on employee populations across Canada, aiming to help employers anticipate the…

  • By: Staff
  • May 15, 2020 November 23, 2020
  • 09:03

NDP calling for two weeks of sick leave for all Canadians

The federal New Democrats say all Canadians require access to two weeks of sick leave benefits as provinces start moving to reopen their economies while fighting the…

Editorial: We’re all in this together

To say things have changed since I wrote my last editorial is a massive understatement. Of course, the early rumblings of the coronavirus pandemic were…

Head to head: Is there a right time to take CPP benefits?

While many Canadians can’t wait to start drawing down Canada Pension Plan benefits when they turn 65, it’s important to consider whether that’s the right…

How OPG is leveraging virtual care to improve health access

In the midst of the coronavirus crisis, virtual health care is taking centre stage. But Ontario Power Generation was ahead of the curve, introducing a…

Tips for moving from a single-employer to a jointly sponsored pension plan

Tips for moving from a single-employer to a jointly sponsored pension plan

The United Way Greater Toronto introduced a defined benefit pension plan in 1965 and moved to a hybrid plan in 1990. While the DB side…

How is fertility benefits coverage evolving?

In 2019, Telus Communications Inc. bumped up its combined lifetime plan maximum per employee for fertility benefits to $15,000 for both treatment procedures and drugs.…

2020 Top 40 Money Managers Report: Hold your ground

Will real estate help Canadian pension plans weather the coronavirus pandemic or will being a landlord prove to be a liability in an economic crisis?…

Charting a new course at the Air Canada pension plans

In 2009, when Vincent Morin walked through the doors of Air Canada as the vice-president of asset allocation and strategy for its investment division, he…

Pharmacogenetic testing’s place in long-term disability programs

Pharmacogenetic testing’s place in long-term disability programs

Plan sponsors and insurers are increasingly wading into the waters of pharmacogenetic testing by offering the service to employees making long-term disability claims. In 2017,…

What are the legal risks of ESG?

With environmental, social and governance considerations hovering on the agendas of legislators, shareholders and consumers, it’s easy to overlook the fact that responsible investment can…

Back to basics on employee share purchase plans

Back to basics on employee share purchase plans

At PCL Construction Ltd., almost 90 per cent of eligible staff participate in the company’s employee share purchase plan. Offering employees the opportunity to buy…

Q&A with BMO Financial Group’s Mona Malone

Q&A with BMO Financial Group’s Mona Malone

BMO Financial Group’s chief human resources officer and head of people and culture discusses mental health, leadership development and yoga. Q: What top challenges do…

Regulatory reform required to address today’s workplace pension landscape: report

Regulatory reform required to address today’s workplace pension landscape: report

Canadian pension rules and regulations are in need of reform in order to properly address the reality of the 21st century workplace pension landscape, according to…

Gender lens investing on the rise among institutional investors

Gender lens investing on the rise among institutional investors

In recent years, investing with a gender lens has become far more popular among institutional investors. “Part of it is awareness and part of it…

Benefits plan members nervous about in-person health care, finds survey

Benefits plan members nervous about in-person health care, finds survey

Even as provinces prepare to gradually re-open, Canadians are feeling a little skittish about receiving in-person health care before a vaccine for the coronavirus is developed,…

  • By: Staff
  • May 13, 2020 November 11, 2020
  • 15:15
Disconnection from colleagues key challenge of working remotely: survey

Disconnection from colleagues key challenge of working remotely: survey

Three-quarters (74 per cent) of Canadian employees who are working remotely said their manager has clearly communicated their expectations around remote work, according to a…

  • By: Staff
  • May 13, 2020 November 12, 2020
  • 15:00

OPTrust highlights green bonds, sustainable investment team in latest responsible investing report

The OPSEU Pension Trust has published its latest responsible investing report, highlighting a number of initiatives it’s undertaken in the past year. In 2019, the…

  • By: Staff
  • May 13, 2020 March 11, 2021
  • 09:15