Latest news in Benefits Canada News

Employees’ parental leave has no effect on employer, colleagues: study

Employees’ parental leave has no effect on employer, colleagues: study

Employees’ parental leave has “no measurable effect” on their company’s profits, output or survival, nor does it have a negative impact on the well-being of those employees’…

CARP sets out wish list for DB pension protections in 2020 budget submission

CARP sets out wish list for DB pension protections in 2020 budget submission

CARP is highlighting the need for further protections for defined benefit pensions in its 2020 Ontario budget priorities. The submission noted CARP, formerly the Canadian Association…

  • By: Staff
  • January 30, 2020 November 30, 2020
  • 09:00
Quebec government appoints Charles Émond new head of Caisse

Quebec government appoints Charles Émond new head of Caisse

The Quebec government has selected a relative newcomer at the Caisse de dépôt et placement du Québec to succeed Michael Sabia as its new head.…

A quarter of Canadians unaware of difference between RRSPs, TFSAs: survey

While more than half of Canadians agreed tax-free savings accounts (59 per cent) and registered retirement savings plans (57 per cent) are a crucial part…

  • By: Staff
  • January 29, 2020 December 10, 2021
  • 15:00
Sun Life appoints Cheryl Mallett senior VP of client services

Sun Life appoints Cheryl Mallett senior VP of client services

Sun Life Canada has appointed Cheryl Mallett as senior vice-president of client services, effective Feb. 17, 2020. In the newly created role, Mallett will be…

  • By: Staff
  • January 29, 2020 November 12, 2020
  • 14:55
Canadians say employers’ mental-health supports crucial to view of workplace: survey

Canadians say employers’ mental-health supports crucial to view of workplace: survey

More than three-quarters (76 per cent) of Canadians said the support offered by their employer around mental health is critical to how they view their…

Results from workplace mental-health assessment shows there’s more work to do

Results from workplace mental-health assessment shows there’s more work to do

Over the past three years, 1,525 employers from across Canada have taken part in MindsMatter, CivicAction’s free online workplace mental-health assessment. “MindsMatter has helped neutralize…

  • By: Staff
  • January 29, 2020 November 12, 2020
  • 09:00
CSS pension plan enters into longevity insurance agreement

CSS pension plan enters into longevity insurance agreement

The Co-operative Superannuation Society Pension Plan is making a deal with the Co-operators Group Ltd. on a longevity insurance agreement to protect its annuity offering.…

  • By: Staff
  • January 29, 2020 November 30, 2020
  • 09:00
Willis Towers Watson appoints Ofelia Isabel market leader for Toronto area

Willis Towers Watson appoints Ofelia Isabel market leader for Toronto area

Willis Towers Watson is appointing Ofelia Isabel as its new market leader for Toronto. In her new role, Isabel will be responsible for the company’s…

  • By: Staff
  • January 28, 2020 November 12, 2020
  • 15:15
BCI investing in purified drinking water dispensers

BCI investing in purified drinking water dispensers

The British Columbia Investment Management Corp. is acquiring a significant minority stake in Waterlogic, a company that designs, manufactures, distributes and services purified drinking water…

  • By: Staff
  • January 28, 2020 November 11, 2020
  • 15:00

Variable benefits in DC pension plans now allowed in Ontario

Defined contribution pension plans in Ontario can now offer variable benefits to their plan members. The provincial government passed a series of regulations under the…

What’s driving higher drug costs in Canada’s benefits plans?

Employers should be closely examining the underlying drivers of cost growth in their drug plans, according to a new report by Innovative Medicines Canada. “Typically,…

PSP Investments acquiring Copenhagen real estate

PSP Investments acquiring Copenhagen real estate

The Public Sector Pension Investment Board, along with Aviva Investors, is buying Galleri K, a real estate asset in Copenhagen, Denmark. The four-story building, which…

  • By: Staff
  • January 27, 2020 November 12, 2020
  • 15:30
Aon appoints Brad Lorimer health leader in Canada

Aon appoints Brad Lorimer health leader in Canada

Aon is appointing Brad Lorimer as executive vice-president and health leader in Canada. Since Lorimer joined the consultancy 13 years ago, he led several national…

  • By: Staff
  • January 27, 2020 November 11, 2020
  • 15:15
Technology, consumers driving emerging market equities

Technology, consumers driving emerging market equities

In the past, Canadian investors may have seen emerging market indices as too heavy on materials and energy companies, which are also well-represented in North…

Dalhousie, Ryerson focusing on mental health in January

Dalhousie, Ryerson focusing on mental health in January

The bleakness and winter chill coupled with post-holiday blues can make January a particularly challenging month. With that in mind, many Canadian employers are using…

2019 a strong year for pension managers’ pooled funds: Morneau Shepell

2019 a strong year for pension managers’ pooled funds: Morneau Shepell

Pension funds ended 2019 on a strong note, with diversified pooled fund managers posting a median return of 2.6 per cent before management fees in…

  • By: Staff
  • January 27, 2020 November 11, 2020
  • 09:30
43% of Canadians offered remote working options: survey

43% of Canadians offered remote working options: survey

Less than half (43 per cent) of Canadian employees said their company provides the option to work remotely, according to a new survey by Robert…

  • By: Staff
  • January 24, 2020 November 11, 2020
  • 15:00
MEC boosts employee perks in effort to turn around struggling retailer

MEC boosts employee perks in effort to turn around struggling retailer

As Mountain Equipment Co-op makes major changes to remain viable, the Vancouver-based retailer is investing in its frontline employees. MEC converted more than 950 jobs…

Will emerging Asia outperform against an improving global backdrop?

Will emerging Asia outperform against an improving global backdrop?

With the global economy recently experiencing some significant tailwinds, will that backdrop be enough to push emerging markets, especially Asian economies, to outperform? Signs of…

CAMH releases workplace mental-health guide

CAMH releases workplace mental-health guide

The Centre for Addiction and Mental Health has released a guide advising companies on how they can support employees facing mental-health challenges. The guide, which…

Dialogue acquires German occupational health and safety company

Dialogue acquires German occupational health and safety company

Telemedicine provider Dialogue is expanding into Europe with the acquisition of Argumed Consulting Group, a German occupational health and safety company. Argumed provides workplace health and…

  • By: Staff
  • January 23, 2020 November 12, 2020
  • 15:00
FSRA releases approach to monitoring DB pension plans

FSRA releases approach to monitoring DB pension plans

The Financial Services Regulatory Authority of Ontario is seeking feedback on its approach to monitoring single-employer defined benefit pension plans with benefits that could be…

Toronto city councillor pushing for better parental leave for politicians

Toronto city councillor pushing for better parental leave for politicians

Toronto city councillor and new father Joe Cressy would prefer to spend his entitled weeks of parental leave at home with his infant son. At the…

MSCI urging investment industry to integrate ESG

MSCI urging investment industry to integrate ESG

In an unusual move for an index provider, MSCI Inc. is urging the investment industry as a whole to incorporate environmental, social and governance issues…