Latest news in Benefits Canada News

Supreme Court to rule on how unionized workforces deal with human rights issues

Supreme Court to rule on how unionized workforces deal with human rights issues

The Supreme Court of Canada will hear an appeal on a Manitoba court case that could have implications for employers dealing with a human rights issue…

Starbucks serving up free mental-health benefits to U.S. staff

Starbucks serving up free mental-health benefits to U.S. staff

Starbucks Coffee Co. is offering eligible employees in the U.S. access to 20 free mental-health sessions per year beginning April 6. Through provider Lyra Health…

  • By: Staff
  • March 19, 2020 November 12, 2020
  • 09:00
U.S. employers maintaining health benefits, considering other cost-cutting measures: survey

Coronavirus pandemic means ‘new normal’ for employers, employees

All Canadian employers should assume at least one employee will test positive for the coronavirus, said Dr. Wendy Smeltzer, medical director at virtual health-care company…

Feds introduce $82 billion in coronavirus emergency support for workers, businesses

Prime Minister Justin Trudeau announced an $82 billion stimulus package to underpin several new policies aimed at supporting Canadian workers and employers during the coronavirus…

Lower income workers likely to see least paid time off as pandemic swirls: report

Lower income workers likely to see least paid time off as pandemic swirls: report

Paid leave from work is the first financial line of defence during a crisis preventing employees from coming to work. For one, it guards against…

  • By: Staff
  • March 18, 2020 November 12, 2020
  • 09:15

APTN introducing counselling with Indigenous elders into EAP

The Aboriginal Peoples Television Network is working to make counselling from Indigenous elders available to employees in several provinces through its employee assistance program. The…

Ontario, Alberta providing new leaves for employees impacted by coronavirus

Ontario and Alberta are making changes to provincial employment legislation to protect workers who are affected by the coronavirus. In Ontario, Premier Doug Ford and…

How are Canadian pension plans responding to coronavirus?

How are Canadian pension plans responding to coronavirus?

Across the country, public pension plans are releasing statements to assure members that their defined benefit pensions are secure and that they’re taking measures to…

CPPIB completes purchase of stake in renewable energy company

CPPIB completes purchase of stake in renewable energy company

The Canada Pension Plan Investment Board has completed its purchase of all outstanding common shares of Pattern Energy Group Inc. Pattern is no longer traded on the NASDAQ…

  • By: Staff
  • March 17, 2020 November 12, 2020
  • 15:15
Survey shows strong support for flexible, remote working post-coronavirus

Employers moving to remote work to help ‘flatten the coronavirus curve’

Canadian politicians, public health officials and chief executive officers have all urged Canadians to practice social distancing in a bid to “flatten the curve” of…

Canadian public pension heads call on employers to focus on coronavirus

Canadian public pension heads call on employers to focus on coronavirus

The chief executive officers of several major Canadian pension funds have joined forces with several other CEOs to ask Canadian business leaders to make the…

  • By: Staff
  • March 16, 2020 November 12, 2020
  • 16:00
Air Canada maintains ‘significant pension solvency surplus’ amid coronavirus pandemic

Air Canada maintains ‘significant pension solvency surplus’ amid coronavirus pandemic

Air Canada’s domestic registered defined pension plans are expected to maintain a “significant pension solvency surplus,” according to a press release. On Monday, the Montreal-headquartered…

  • By: Staff
  • March 16, 2020 November 11, 2020
  • 15:00
U.S. Fed cuts rates to zero in bid to quell coronavirus impacts

U.S. Fed cuts rates to zero in bid to quell coronavirus impacts

In a historic move, the U.S. Federal Reserve lowered its target range for the federal funds rate to between zero and 0.25 per cent on…

Green Shield Canada launches benefits plan analytics tool

Green Shield Canada launches benefits plan analytics tool

Green Shield Canada is launching a benefits plan analytics tool to help plan sponsors take a closer look at their offerings. The tool, DATAleap, looks to provide…

  • By: Staff
  • March 16, 2020 November 12, 2020
  • 09:30
Considerations around employee safety, privacy, leave during the coronavirus crisis

Considerations around employee safety, privacy, leave during the coronavirus crisis

As employers prepare to prevent against the spread of the coronavirus, issues of workplace and public safety will likely take precedent over privacy concerns. Employers…

Canadian pension plans see modest growth in value of assets in third quarter of 2019

Canadian pension plans see modest growth in value of assets in third quarter of 2019

Canadian employer pension plans saw the market value of their assets increase 1.6 per cent in the third quarter of 2019, up from the previous quarter, according…

  • By: Staff
  • March 13, 2020 November 12, 2020
  • 15:15
A refresher on Canada’s leave policies as coronavirus escalates

A refresher on Canada’s leave policies as coronavirus escalates

With coronavirus fears escalating, employers are adjusting their leave policies while labour groups are urging governments to reconsider paid leave provisions. This week, Walmart Inc.…

Letters to the Editor: Alternative views on paramedical coverage

Since the point of an editorial is to create a discussion on the trends and issues affecting our industry, I was glad to see my…

  • By: Staff
  • March 13, 2020 December 3, 2020
  • 09:00
80% of U.S. employers set to have financial wellness program by 2023: survey

80% of U.S. employers set to have financial wellness program by 2023: survey

While fewer than half (42 per cent) of U.S. employers are currently offering financial wellness programs, that number is set to almost double to 80 per…

  • By: Staff
  • March 12, 2020 November 11, 2020
  • 15:30
Caisse buying North American infrastructure developer

Caisse buying North American infrastructure developer

The Caisse de dépôt et placement du Québec is purchasing infrastructure developer and operator Plenary Americas, the North American branch of Plenary Group Ltd. As…

  • By: Staff
  • March 12, 2020 November 11, 2020
  • 15:15
How are insurers working with plan sponsors amid coronavirus pandemic?

How are insurers working with plan sponsors amid coronavirus pandemic?

The Canadian Life and Health Insurance Association has been conducting weekly calls with its members since mid-January to discuss issues around the ongoing coronavirus crisis,…

CAAT’s funded status dips slightly, lowers discount rate

CAAT’s funded status dips slightly, lowers discount rate

The Colleges of Applied Arts and Technology pension plan’s funding status dipped slightly in 2019, to 118 per cent on a going-concern basis from 120…

  • By: Staff
  • March 11, 2020 November 11, 2020
  • 15:45
Feds loosening restrictions on EI as number of coronavirus cases rise

Feds loosening restrictions on EI as number of coronavirus cases rise

The federal government is rolling out a $1 billion funding package to help provincial health-care systems cope with the increasing number of new coronavirus cases…

Institutional investors urged not to overlook Canadian real estate opportunities

Institutional investors urged not to overlook Canadian real estate opportunities

While Canadian pension plans are looking further afield for real estate opportunities, are there fresh buys on the home front? Rental apartments are one subset…

How will Ontario’s new CBT offerings impact benefits plan sponsors?

Ontario’s new publicly funded cognitive behavioural therapy program is likely to complement, not replace, the CBT offerings that are currently available through group benefits plans, say experts. …