Latest news in Benefits Canada News

CPPIB opening San Francisco office, hiring head of VC funds

CPPIB opening San Francisco office, hiring head of VC funds

The Canada Pension Plan Investment Board is opening an office in San Francisco. The new location is the CPPIB’s second U.S. office, after New York City, and its ninth worldwide.…

  • By: Staff
  • September 10, 2019 November 12, 2020
  • 15:30
Hackers steal US$4.2 million from Oklahoma police retirement plan

Hackers steal US$4.2 million from Oklahoma police retirement plan

The Oklahoma Law Enforcement Retirement System was the victim of a cybercrime, with computer hackers stealing $4.2 million in funds. The OLERS, a benefits and pension…

  • By: Staff
  • September 10, 2019 November 12, 2020
  • 15:15
Brian Gibson appointed new chair of IMCO board

Brian Gibson appointed new chair of IMCO board

The provincial government has appointed Brian Gibson as the new chair of the Investment Management Corp. of Ontario’s board of directors, effective immediately. Gibson is…

  • By: Staff
  • September 10, 2019 November 11, 2020
  • 15:00
Demands of elder caregiving impacting employees: study

Demands of elder caregiving impacting employees: study

Working Canadians are negatively impacted by the demands of caring for an elderly relative, according to a new study from Ryerson University. Michael Halinski, assistant…

Sun Life partnering with EQ Care to launch virtual medical evaluation service

Sun Life partnering with EQ Care to launch virtual medical evaluation service

Sun Life is launching Equinoxe LifeCare’s virtual medical evaluation services to help plan sponsors with disability management. The service allows plan members and their dependants to connect with virtual…

  • By: Staff
  • September 9, 2019 November 12, 2020
  • 16:00
Ottawa paid $75M for veterans’ cannabis last year, could pay $100M this year

Ottawa paid $75M for veterans’ cannabis last year, could pay $100M this year

The federal government’s effort to rein in the cost of reimbursing veterans for their medical marijuana appears to have failed as new figures show Ottawa…

Fiera Capital, SEI making appointments to institutional groups

Fiera Capital, SEI making appointments to institutional groups

Fiera Capital Corp. is appointing Michael Quigley as executive vice-president and head of institutional markets. In the new role, Quigley will lead the team, focusing…

  • By: Staff
  • September 9, 2019 November 12, 2020
  • 15:15
Hub acquires Ontario benefits consulting firm

Hub acquires Ontario benefits consulting firm

Hub International Ltd. is acquiring Mississauga, Ont.-based employee benefits consulting firm GMS Insurance Inc. Last year, the global insurance brokerage acquired GMS’s Kitchener, Ont. operations.…

  • By: Staff
  • September 9, 2019 November 12, 2020
  • 15:05
CPPIB invests in Indian logistics company

CPPIB invests in Indian logistics company

The Canada Pension Plan Investment Board is investing US$115 million in Delhivery Pvt Ltd., a third-party logistics provider in India. Delhivery operates supply chain services…

  • By: Staff
  • September 9, 2019 November 12, 2020
  • 09:35
U.S. DC plan sponsors considering lifetime income solutions for members: survey

U.S. DC plan sponsors considering lifetime income solutions for members: survey

One in three (30 per cent) U.S. defined contribution plan sponsors have adopted a solution to deal with plan members’ need for a lifetime income,…

  • By: Staff
  • September 9, 2019 November 30, 2020
  • 09:30
Morneau Shepell forms partnership to expand leadership coaching

Morneau Shepell forms partnership to expand leadership coaching

Morneau Shepell Ltd. is working with Vision Coaching Inc. to offer an expanded leadership coaching program to its employer clients. The program will take advantage…

  • By: Staff
  • September 9, 2019 November 12, 2020
  • 09:15
Leslie Group, Acorn Biolabs partnering on live cell collection

Leslie Group, Acorn Biolabs partnering on live cell collection

Benefits consultancy the Leslie Group Ltd. is partnering with health-care technology company Acorn Biolabs Inc. to offer onsite live cell collection to employees. Initially, the consultancy…

  • By: Staff
  • September 6, 2019 November 12, 2020
  • 15:15
‘Inherently impossible’ to accommodate employee unable to work, finds Ontario court

‘Inherently impossible’ to accommodate employee unable to work, finds Ontario court

The Ontario Divisional Court has confirmed that an employer’s duty to accommodate ends when an employee’s disability becomes permanent and thereby frustrates the contract of employment.…

New agreement allows Surrey’s new police officers to transfer their RCMP pensions

New agreement allows Surrey’s new police officers to transfer their RCMP pensions

In seeking to create its own police department, the City of Surrey, B.C. has worked out the pension portability problem for its future officers. A formalized…

  • By: Staff
  • September 6, 2019 November 30, 2020
  • 09:15
Pension, retirement benefits lead growth in Canadian insurance industry: CLHIA

Pension, retirement benefits lead growth in Canadian insurance industry: CLHIA

Canadian insurers paid out $98 billion in benefits in 2018, an increase of seven per cent over 2017, according to the Canadian Life and Health…

  • By: Staff
  • September 6, 2019 November 30, 2020
  • 09:00
New program to offer climate expertise to boards, pensions

New program to offer climate expertise to boards, pensions

Amid growing concern about the financial risks of climate change, a pair of Canadian law professors is launching an effort to help corporate directors and…

Feds to amend insolvency legislation to protect pensions

Feds to amend insolvency legislation to protect pensions

The federal government is reforming the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act on Nov. 1, 2019 to enhance retirement security and…

  • By: Staff
  • September 5, 2019 November 30, 2020
  • 08:55
Sounding Board: It’s time for sustainable finance to go mainstream

Sounding Board: It’s time for sustainable finance to go mainstream

As members of the federal government’s expert panel on sustainable finance, we recently published our final report on how to mobilize Canada’s financial sector in…

Think outside the box, change job postings to attract diverse candidates: panel

Think outside the box, change job postings to attract diverse candidates: panel

Employers should consider adjusting their job posting requirements and becoming more creative to attract diverse candidates to their companies. Speaking at the Toronto Global Forum on Wednesday, Neil…

Teladoc, Johnston Group rolling out telemedicine services to SMEs

Teladoc, Johnston Group rolling out telemedicine services to SMEs

Teladoc Inc. is partnering with Johnston Group to roll out its telemedicine services to 30,000 small- and mid-size employers in Canada. The service, which includes…

  • By: Staff
  • September 5, 2019 November 12, 2020
  • 08:45
Caisse teaming up with Samsung Securities on infrastructure investments

Caisse teaming up with Samsung Securities on infrastructure investments

The Caisse de dépôt et placement du Québec and Samsung Securities Ltd. are signing a memorandum of understanding for joint investments. The pension fund and the…

  • By: Staff
  • September 4, 2019 November 12, 2020
  • 15:30
Mercer appointing Andrew Halpert as clinical innovation leader

Mercer appointing Andrew Halpert as clinical innovation leader

Mercer is appoints Dr. Andrew Halpert as clinical innovation leader for health in the U.S. and Canada. In the role, Halpert will be responsible for leading…

  • By: Staff
  • September 4, 2019 November 12, 2020
  • 15:15
Majority of Canadians want financial education in the workplace: survey

Majority of Canadians want financial education in the workplace: survey

Financial stress is preventing employees, employers and the economy from reaching full potential, according to a survey by the Canadian Payroll Association. The survey found 43 per…

Manitoba NDP, Liberals pledge to hike minimum wage

Manitoba NDP, Liberals pledge to hike minimum wage

Manitoba’s New Democratic Party and Liberal Party announced a host of worker-friendly campaign promises over the Labour Day weekend, with both parties committing to raise…

  • By: Staff
  • September 4, 2019 November 12, 2020
  • 09:15
Largest global pension funds’ AUM decreased in 2018

Largest global pension funds’ AUM decreased in 2018

After increasing by 15.1 per cent in 2017, the assets under management of the world’s 300 largest pension funds fell by 0.4 per cent in…

  • By: Staff
  • September 3, 2019 November 12, 2020
  • 15:15