Latest news in Benefits Canada News

Ontario Teachers’, partner acquire ownership stake in Australian water company

Ontario Teachers’, partner acquire ownership stake in Australian water company

The Ontario Teachers’ Pension Plan, alongside Morrison & Co. on behalf of the Utilities Trust of Australia, is acquiring the Infrastructure Fund’s ownership stake in…

  • By: Staff
  • March 25, 2020 November 12, 2020
  • 08:15

How to support employees’ mental health during coronavirus

As employers across the globe adjust their work environments to help slow down the spread of the coronavirus, one thing that shouldn’t get lost in…

Retirement system must reflect Canadians working longer: report

Retirement system must reflect Canadians working longer: report

While some may still dream of an early retirement, the world where freedom 55 seemed like a genuine possibility is no longer the world we live…

HOOPP ready to weather market volatility after strong performance in 2019: CEO

HOOPP ready to weather market volatility after strong performance in 2019: CEO

The Healthcare of Ontario Pension Plan reported a strong 2019, posting a 17.14 per cent return for the year and hitting a funded status of…

B.C. to defer employer health tax, provide $1,000 for workers with jobs impacted by coronavirus

B.C. to defer employer health tax, provide $1,000 for workers with jobs impacted by coronavirus

The British Columbia government says it will be deferring employer health tax payments until September 30. The measure, introduced on Monday, is for employers with…

FSRA responds to questions on filing deadlines, pension transactions

FSRA responds to questions on filing deadlines, pension transactions

Acknowledging the rapidly evolving circumstances around the coronavirus, the Financial Services Regulatory Authority of Ontario is considering approaches to help defined benefit pension plan sponsors…

  • By: Staff
  • March 23, 2020 November 30, 2020
  • 15:45
Keep calm and stick to the plan: OPTrust CIO

Keep calm and stick to the plan: OPTrust CIO

Although the markets are changing quickly due to the impacts of coronavirus, the OPSEU Pension Trust is a long-term investor and its overall investment strategy…

In these uncertain times, will dividend stocks be the first to recover?

In these uncertain times, will dividend stocks be the first to recover?

Since stock markets can turn on a dime, long-term institutional investors may find some opportunities amid the current chaos. It’s been a long time since…

Some large retailers maintaining pay, benefits for store staff amid temporary closures

Some large retailers maintaining pay, benefits for store staff amid temporary closures

While many retailers are maintaining pay and benefits for their store-based staff amid temporary closures caused by the coronavirus crisis, what about employees who are…

  • By: Staff
  • March 23, 2020 October 14, 2021
  • 09:00
Nav Canada, Unifor reach agreement with early retirement option, pay rise

Nav Canada, Unifor reach agreement with early retirement option, pay rise

Nav Canada’s air navigation specialists are receiving a new end-of-career leave program and a three per cent wage increase in their new collective agreement. The…

Unifor accepts mediator’s recommendations around Co-op pension changes

Unifor accepts mediator’s recommendations around Co-op pension changes

The nearly four-month lockout at the Federated Co-operatives Ltd. refinery in Regina over pension changes could be nearing an end. However, while Unifor has accepted…

  • By: Staff
  • March 23, 2020 November 12, 2020
  • 08:45
Private equity sees robust investment in 2019: report

Private equity sees robust investment in 2019: report

Worldwide private equity fundraising hit US$692 billion in 2019, surpassing the asset class’s peak in 2007. Private equity activity trended towards fewer but larger funds seeing…

  • By: Staff
  • March 20, 2020 November 12, 2020
  • 09:30
Managing a capital accumulation plan through coronavirus

Managing a capital accumulation plan through coronavirus

In this time of global pandemic, the coronavirus is shaking up everything, with high market volatility and changing work arrangements. Everyone is worried — not…

70% of employees satisfied with employer communications around coronavirus: survey

70% of employees satisfied with employer communications around coronavirus: survey

Employees are mostly satisfied with employers’ communications around the coronavirus crisis, according to a new survey by Fierce Inc. The survey polled more than 1,000…

  • By: Staff
  • March 20, 2020 November 11, 2020
  • 09:15
Editorial

Editorial: The tooth about dental benefits

Over the past couple of years, I’ve been relentlessly pestered by my dentist’s office. I’ve lost track of the frequency of texts, emails and phone…

Head to head: Is telemedicine the right route to employee health care?

Head to head: Is telemedicine the right route to employee health care?

Dr. Jennifer Wild, consultant clinical psychologist and associate professor at the University of Oxford When we’re feeling ill, we want to be seen quickly by…

How Rocky Mountain Soap supports staff with fitness classes

An important part of a workplace wellness program is supporting employees’ physical fitness, but Rocky Mountain Soap Co. isn’t just encouraging its employees to be…

A look at how five DC plan members are approaching decumulation

A look at how five DC plan members are approaching decumulation

Sometimes, the best way to explore the unknown is by following in the footsteps of someone who’s been there first. When it comes to in-plan…

How institutional investors weigh energy transition risks, opportunities

If climate change represents one of the largest systemic risks the global economy has ever faced, dealing with its ramifications is going to move a…

2020 Drug Plan Trends Report: Developments, data and design

2020 Drug Plan Trends Report: Developments, data and design

Taking a look at private drug plans in 2020, a number of trends are converging: spending on specialty drugs is continuing its upward trajectory, advancements…

Strength in unity for the CPPIB’s credit functions

Strength in unity for the CPPIB’s credit functions

Historically, the Canada Pension Plan Investment Board’s credit functions were scattered across the organization. But in 2018, the pension fund consolidated its credit investments into…

What dental benefits topics should plan sponsors be considering?

What dental benefits topics should plan sponsors be considering?

With prescription drugs and paramedical benefits taking up an increasingly large portion of employers’ benefits spend, dental benefits often avoid the spotlight. But consultants and…

How employers can help staff take care of aging parents

How employers can help staff take care of aging parents

Nola Miller remembers the day she received 19 calls from her mother at work. As a group home co-ordinator for Winnipeg Child and Family Services,…

Lessons for Canada from the U.K.’s cap on DC investment fees

In 2016, when Aon’s Calum Mackenzie departed the U.K. for Canada, he left behind a pension industry still reeling from the introduction, a year earlier,…

Q&A with IBM Canada’s Katherine Faichnie

IBM Canada Ltd.’s director of HR talks data and analytics, holistic employee health and playing the piano Q. What top challenges do you face in…