Latest news in Benefits Canada News

Capital Group appoints Rick Headrick as president of Canadian business

Capital Group appoints Rick Headrick as president of Canadian business

Capital Group has appointed Rick Headrick as president of its business in Canada. With more than 20 years of industry experience, he was most recently the president…

  • By: Staff
  • September 3, 2019 November 12, 2020
  • 15:00
DC plan sponsors urged to stay on top of new features as demographics shift

DC plan sponsors urged to stay on top of new features as demographics shift

Defined contribution plan sponsors have to stay aware of plan design developments to improve their benefits offerings for their specific workforces, according to a new report by Callan.…

  • By: Staff
  • September 3, 2019 November 30, 2020
  • 10:15
What will Italy’s new coalition government mean for institutional investors?

What will Italy’s new coalition government mean for institutional investors?

As the likelihood of a new Italian coalition government continues to solidify, institutional investors are watching the country’s extremely volatile bond markets. The hard-left Five Star Movement and…

Which companies are finalists in the 2019 Workplace Benefits Awards?

Which companies are finalists in the 2019 Workplace Benefits Awards?

Benefits Canada is proud to announce the finalists of the 2019 Workplace Benefits Awards. This year’s entries set records in many categories, with a total of nearly 100 nominations.…

  • By: Staff
  • September 3, 2019 November 12, 2020
  • 09:00

Discount rates for DB pensions rising at Canadian public companies: survey

Canadian public companies are increasing the discount rates they use for their defined benefit pension plans, according to a new survey by Morneau Shepell Ltd.…

  • By: Staff
  • August 30, 2019 February 7, 2021
  • 09:00
Caisse co-investing in Australian private hospital operator

Caisse co-investing in Australian private hospital operator

The Caisse de dépôt et placement du Québec, alongside Brookfield Business Partners and its institutional partners, is co-investing in the acquisition of Healthscope Ltd., a…

  • By: Staff
  • August 30, 2019 November 11, 2020
  • 08:00
Western Forest Products to cut health benefits for striking staff

Western Forest Products to cut health benefits for striking staff

As the labour dispute between Western Forest Products Inc. and United Steelworkers Local 1-1937 heads into its third month, tensions are running high over health…

Ontario Teachers’ partners with Alphabet, Sidewalk Labs to launch infrastructure holding company

Ontario Teachers’ partners with Alphabet, Sidewalk Labs to launch infrastructure holding company

The Ontario Teachers’ Pension Plan is partnering with Google parent company Alphabet Inc. and affiliate Sidewalk Labs to launch a new company that invests in…

Investor outlook for alternative asset classes broadly positive

Investor outlook for alternative asset classes broadly positive

Among institutional investors that are diving into alternative assets, those investing in private equity are the most satisfied, according to a new survey by Preqin…

  • By: Staff
  • August 29, 2019 November 12, 2020
  • 09:50
Canada’s largest companies could eliminate pension deficits: report

Canada’s largest companies could eliminate pension deficits: report

Canada’s largest publicly traded companies could have eliminated their defined benefit pension deficits five times over with the value of their shareholder payouts in 2017 alone, according…

Employees want better air quality, light and temperature at work: survey

Employees want better air quality, light and temperature at work: survey

Employers should be focusing on the basics of office design to improve employee productivity, according to a new survey. The survey, by Future Workplace and…

  • By: Staff
  • August 29, 2019 November 12, 2020
  • 09:00
McDonald’s educating U.S. employees about harassment, bullying

McDonald’s educating U.S. employees about harassment, bullying

McDonald’s is introducing a new training program for its U.S. employees after dozens of workers complained about sexual harassment. The Chicago-based company said Wednesday that…

Morneau Shepell takes on buy-in annuity contracts for Stelco pension

Morneau Shepell takes on buy-in annuity contracts for Stelco pension

In its capacity as plan administrator, Morneau Shepell Ltd. purchased several buy-in annuity contracts for the Stelco Inc. pension plan in July. The goals of the…

  • By: Staff
  • August 28, 2019 November 12, 2020
  • 10:00
In a negative yield world, is gold ready for a comeback?

In a negative yield world, is gold ready for a comeback?

During the past decade’s bull market, gold has been largely off the radar for institutional investors. But as key bond yields turn negative, among other…

How employers can support staff with diabetes-related hypoglycemia

How employers can support staff with diabetes-related hypoglycemia

When an employee with diabetes is working in a safety-sensitive role experiences severely low blood sugar, what are the ramifications for employers? This question was…

Women with PhDs reach pay equity with men, but big gaps remain for other grads

A new University of Guelph study says the wage gap has closed between women and men with newly earned PhDs. The study, which focuses on…

Ontario Teachers’ COO of enterprise operations moving to UN pension fund

Ontario Teachers’ COO of enterprise operations moving to UN pension fund

The Ontario Teachers’ Pension Plan’s chief operating officer of enterprise operations is moving to a new role at the United Nations Joint Staff Pension Fund. Rosemarie McClean will…

  • By: Staff
  • August 27, 2019 November 12, 2020
  • 15:00
Working parents lose portion of take-home pay through taxes, reduced fiscal benefits: report

Working parents lose portion of take-home pay through taxes, reduced fiscal benefits: report

Federal and provincial policy-makers should pay close attention to effective tax rates when considering changes to the tax-and-transfer system, according to a new report by…

  • By: Staff
  • August 27, 2019 November 12, 2020
  • 09:40
Pharma companies launching challenge to PMPRB changes

Pharma companies launching challenge to PMPRB changes

Five major pharmaceutical companies have filed a constitutional challenge to the federal government’s incoming changes to the Patented Medicine Prices Review Board. The complaint was…

Healthy eating programs may affect employer health costs

Healthy eating programs may affect employer health costs

Workplace programs to promote healthy food choices could improve employees’ eating habits, according to a study by researchers at Harvard Medical School and Massachusetts General…

  • By: Staff
  • August 27, 2019 November 12, 2020
  • 08:35
Saudi Arabia, China A-shares to see boost in MSCI emerging market index

Saudi Arabia, China A-shares to see boost in MSCI emerging market index

MSCI Inc. is updating certain key indexes, with changes taking effect when the market closes on Tuesday. Stemming from MSCI’s most recent quarterly index review, the changes include increasing…

  • By: Staff
  • August 27, 2019 November 12, 2020
  • 08:30
How to benchmark performance when assets are private

How to benchmark performance when assets are private

As private market assets become larger and more important allocations in pension plan portfolios, the methods for effectively benchmarking performance will become more relevant to the institutional investment…

  • By: Staff
  • August 26, 2019 November 12, 2020
  • 09:00
Employers not investing in employee experience: survey

Employers not investing in employee experience: survey

Fewer than half (48 per cent) of employees said they believe their employers are invested in improving the employee experience, according to a new survey…

  • By: Staff
  • August 26, 2019 November 12, 2020
  • 08:45
Are institutional investors about to dive back into emerging markets?

Are institutional investors about to dive back into emerging markets?

While emerging markets have been underperforming their developed counterparts over the past decade, this may be about to change. “Basically, everything went wrong in emerging…

OPTrust appoints Peter Lindley as president and CEO

OPTrust appoints Peter Lindley as president and CEO

The OPSEU Pension Trust is appointing Peter Lindley as its president and chief executive officer, effective Sept. 16, 2019. “Peter Lindley brings deep experience in investing…

  • By: Staff
  • August 22, 2019 November 12, 2020
  • 17:30