Latest news in Benefits Canada News

Tech industry still lagging in reputation around gender diversity: survey

Tech industry still lagging in reputation around gender diversity: survey

Almost half (43 per cent) of female students and young professionals said they feel technology companies don’t really want to hire women, according to a survey by SAP Canada…

  • By: Staff
  • September 23, 2019 November 12, 2020
  • 16:15
Scheer vowing to overhaul veterans’ pension system

Scheer vowing to overhaul veterans’ pension system

Andrew Scheer, leader of the federal Conservatives, is promising to create a new pension system for veterans and clear the backlog of their benefits applications within two years,…

  • By: Staff
  • September 23, 2019 November 12, 2020
  • 15:15
Caisse among investors committing to carbon-neutral portfolios by 2050

Caisse among investors committing to carbon-neutral portfolios by 2050

An alliance of the world’s largest pension funds and insurers responsible for more than US$2.4 trillion in investments is committing to carbon-neutral investment portfolios by 2050.…

  • By: Staff
  • September 23, 2019 November 11, 2020
  • 15:00
Interest in hybrid active/passive TDF strategies on the rise: report

Interest in hybrid active/passive TDF strategies on the rise: report

Fee compression is putting pressure on providers that are seeking to be more innovative in launching new target-date funds, prompting managers to consider more customization,…

  • By: Staff
  • September 23, 2019 November 30, 2020
  • 13:30
Canada ranks 8th for retiree well-being in global retirement index

Canada ranks 8th for retiree well-being in global retirement index

Canada has risen one spot, to No. 8, on a list of the countries that provide the best retirement security. The annual list, from Natixis Investment Managers,…

  • By: Staff
  • September 23, 2019 November 12, 2020
  • 10:00
Institutional investors urging Congress to vote down CUSMA, citing effect on drug prices

Institutional investors urging Congress to vote down CUSMA, citing effect on drug prices

A group of institutional investors representing more than US$500 billion is calling on the U.S. Congress to vote down the Canada-United States-Mexico trade agreement to…

  • By: Kelsey Rolfe
  • September 23, 2019 November 12, 2020
  • 09:45
UBC Investment Management Trust appoints Dawn Jia as CEO

UBC Investment Management Trust appoints Dawn Jia as CEO

The University of British Columbia Investment Management Trust Inc. has appointed Dawn Jia as its president and chief executive officer, effective Sept. 13, 2019. In her…

  • By: Staff
  • September 20, 2019 November 12, 2020
  • 15:15
Mississauga’s new canine employee helps firefighters talk mental health

Mississauga’s new canine employee helps firefighters talk mental health

The City of Mississauga’s newest employee, Ajax the two-year-old golden labrador retriever, is dogged in his pursuit of better mental health for emergency services personnel.…

  • By: Kelsey Rolfe
  • September 20, 2019 November 12, 2020
  • 09:30
PIAC calling for tighter link to asset allocation for PfAD in B.C. solvency funding framework

PIAC calling for tighter link to asset allocation for PfAD in B.C. solvency funding framework

While the Pension Investment Association of Canada is generally supportive of British Columbia’s proposed solvency funding framework, when it comes to requirements around funding the…

  • By: Staff
  • September 20, 2019 November 12, 2020
  • 09:23
What’s the role of the proxy advisor as rules shift?

What’s the role of the proxy advisor as rules shift?

As the U.S. Securities and Exchange Commission moves to increase its oversight over proxy voting advisory firms, Horizons ETFs is evolving its proxy voting policies to take on…

BCI, Caisse, Ontario Teachers’ to implement steps promoting diversity and inclusion

BCI, Caisse, Ontario Teachers’ to implement steps promoting diversity and inclusion

The British Columbia Investment Management Corp., the Caisse de dépôt et placement du Québec and the Ontario Teachers’ Pension Plan are among 42 global firms…

  • By: Staff
  • September 19, 2019 November 11, 2020
  • 15:15
Liberals promising tax-free parental benefits, increased CPP survivor’s benefit

Liberals promising tax-free parental benefits, increased CPP survivor’s benefit

The Liberal Party announced a number of campaign promises this week, including making maternity and parental benefits tax-free, introducing a 15-week leave for adoptive parents, strengthening…

  • By: Staff
  • September 19, 2019 November 30, 2020
  • 15:00
Why institutional investors should consider private infrastructure projects

Why institutional investors should consider private infrastructure projects

As the gap continues to widen between required infrastructure spending and actual dedicated funds, according to the G20, private infrastructure projects represent a strong opportunity for…

  • By: Kelsey Rolfe
  • September 19, 2019 November 12, 2020
  • 10:00
CPPIB invests in Indonesian toll road, Caisse in job website, OMERS in restaurant technology

CPPIB invests in Indonesian toll road, Caisse in job website, OMERS in restaurant technology

The Canada Pension Plan Investment Board is making its first infrastructure investment in Indonesia, with the acquisition of a 45 per cent interest in PT Lintas Marga Sedaya, the…

  • By: Staff
  • September 19, 2019 November 12, 2020
  • 09:45

Health benefits a sticking point in contract talks between GM, union

Contract talks between the United Auto Workers and General Motors Company showed some signs of progress this week as a strike by more than 49,000…

University of California pension fund to dump fossil fuel investments

University of California pension fund to dump fossil fuel investments

The University of California is dumping fossil fuel investments from its nearly $84 billion pension and endowment funds, calling them a financial risk. An opinion article…

Napoleon Wolf Steel launching mental-health toolkit

Napoleon Wolf Steel launching mental-health toolkit

Napoleon (Wolf Steel Ltd.) is rolling out a mental-health toolkit this week after seeking feedback from employees. The toolkit is the latest initiative in the…

N.B. public service pension plan returns 1.75% in 2018, led by private equity

N.B. public service pension plan returns 1.75% in 2018, led by private equity

The New Brunswick Public Service Pension Plan saw a return of 1.75 per cent in 2018, yielding $132.3 million in additional net investment income, according…

  • By: Staff
  • September 18, 2019 November 12, 2020
  • 09:00
Pension Podcast: Will political change in South Africa impact institutional investors?

Pension Podcast: Will political change in South Africa impact institutional investors?

South Africa’s economy has been sluggish in recent years, but upcoming changes could provide hope for institutional investors considering opportunities in the country. Its economy…

Guardian Capital acquiring majority interest in U.S. investment manager

Morneau Shepell acquiring U.S.-based MorningStar Health

Morneau Shepell Ltd. is acquiring U.S.-based MorningStar Health Inc. The acquisition will allow Morneau Shepell to enhance its U.S. presence in absence management, including leaves, disability, absence reporting…

  • By: Staff
  • September 17, 2019 February 23, 2021
  • 15:00
Trudeau commits to working with provinces on paid sick leave

Federal election platforms include health-care, pension policy proposals

With the federal election about a month away, Canada’s political parties are rolling out their election platforms, making a host of promises to improve health care, employment…

  • By: Staff
  • September 17, 2019 December 3, 2020
  • 09:40
Mixing TDFs, other assets in DC plans can ‘diminish’ benefit: report

Mixing TDFs, other assets in DC plans can ‘diminish’ benefit: report

While target-date funds are intended to be used as a singular option in capital accumulation plans, many defined contribution plan members use them in conjunction…

  • By: Staff
  • September 17, 2019 November 30, 2020
  • 09:15
Pacific Blue Cross forming alliance with Blue Cross Life Insurance Co.

Pacific Blue Cross forming alliance with Blue Cross Life Insurance Co.

Pacific Blue Cross and Blue Cross Life Insurance Co. of Canada are forming an alliance in British Columbia, effective Jan. 2, 2020. The alliance is…

  • By: Staff
  • September 16, 2019 November 12, 2020
  • 15:50
Should investors pay closer attention to the ‘S’ in ESG?

Should investors pay closer attention to the ‘S’ in ESG?

When considering environmental, social and governance issues, asset managers are less convinced that social factors drive returns, according to a survey by Netherlands-based NN Investment Partners. Among…

  • By: Staff
  • September 16, 2019 November 12, 2020
  • 15:00

Alberta court rules against double-dipping in disability payments, lost wages

An Alberta court has ruled that employees receiving disability payments during the reasonable notice period can’t “double-dip” by receiving payments for lost wages. “The decision…