Latest news in Benefits Canada News

2019 Consultants Report: What benefits and pension topics are top of mind for consultants?

2019 Consultants Report: What benefits and pension topics are top of mind for consultants?

Compared to the preceding years, 2019 appears to be the year of steady when it comes to progress on hot topics that resonated in the…

Which emerging markets should investors be considering?

Which emerging markets should investors be considering?

When analyzing the likelihood of a trade war means keeping one eye on Twitter, the global backdrop for risk becomes more troubling. “You definitely start…

A look at the legislative landscape for decumulation options in DC plans

On the same day Keith Dixon began working at the University of Victoria, the campus gained another new addition: its combination pension plan. Introduced in…

The Wawanesa Mutual Insurance Co. pension plan’s OCIO journey

The Wawanesa Mutual Insurance Co. pension plan’s OCIO journey

When Gary Timlick joined the Wawanesa Mutual Insurance Co. as its senior vice-president, chief financial officer and pension committee chair, it had no formal investment…

Employers’ role in ensuring retirees understand income tax complexities

Employers’ role in ensuring retirees understand income tax complexities

The complexities of income tax at retirement can come as a shock to pensioners, but most plan sponsors are providing limited assistance in helping their…

Back to basics on stop-loss insurance

Back to basics on stop-loss insurance

When an employee has a health issue requiring expensive treatment, the associated high-cost claims can be significant for their benefits plan sponsor. But it’s impossible…

The link between presenteeism, financial stress, paid sick days

As Canadians face increasingly competing financial priorities while juggling busy lives at work and home, the overlap between financial worry, stress and employee health is…

Q&A with Lululemon’s Stanley Diep

Lululemon Athletica Inc.’s benefits program manager discusses engaging young employees with retirement savings, yoga benefits and riding his motorcycle to Whistler. Q. What top challenges do…

What will PMPRB drug pricing changes mean for plan sponsors?

What will PMPRB drug pricing changes mean for plan sponsors?

Private plan sponsors can expect to see lower drug prices resulting from recent changes to the Patented Medicine Prices Review Board, but there may also…

CPPIB closes fiscal Q1 with 1.1% return

CPPIB closes fiscal Q1 with 1.1% return

The Canada Pension Plan Investment Board closed out the first quarter of its 2020 fiscal year with a 1.1 per cent net return.  The fund added $8.6…

  • By: Staff
  • August 15, 2019 November 12, 2020
  • 09:00
Ivanhoe Cambridge CEO to retire, successor appointed

Ivanhoe Cambridge CEO to retire, successor appointed

Daniel Fournier, the chief executive officer of Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, is retiring in October.…

  • By: Staff
  • August 14, 2019 November 12, 2020
  • 15:00
Court dismisses Air Canada pilots’ appeal of mandatory retirement at age 60

Court dismisses Air Canada pilots’ appeal of mandatory retirement at age 60

The Federal Court of Appeal has dismissed a legal challenge by former Air Canada pilots who claimed the company was wrong to force some to retire at age…

Capturing lithium’s investment return potential as the electric car gains ground

Capturing lithium’s investment return potential as the electric car gains ground

Rising with the growth of smartphones, lithium has been a hot material in the investment world for a few years. And many in the institutional investment…

Copyright_ spirer_123RF

How will Canada Labour Code changes affect employers?

On Sept. 1, federally regulated employers will see the impact of several changes to the Canada Labour Code, including the new right for employees to…

Liberal leadership hopeful proposing basic group benefits plan for all Ontario workers

Liberal leadership hopeful proposing basic group benefits plan for all Ontario workers

Ontario Liberal leadership contender Steven Del Duca is proposing the creation of a basic group benefits package for workers in the province who are currently without one.…

  • By: Staff
  • August 14, 2019 November 12, 2020
  • 09:00
Feds urged to raise contribution limits for DC pension, RRSP savers

Feds urged to raise contribution limits for DC pension, RRSP savers

The president and chief executive officer of the C.D. Howe Institute is once again urging the federal government to raise the contribution limits for savers…

  • By: Staff
  • August 13, 2019 November 30, 2020
  • 15:30
Jordan Fremont moving to Bennett Jones

Jordan Fremont moving to Bennett Jones

Jordan Fremont is relocating his pension, benefits and executive compensation practice to Bennett Jones LLP. For the past 15 years, he’s practiced at Hicks Morley Hamilton…

  • By: Staff
  • August 13, 2019 November 30, 2020
  • 15:00
Adoption of B.C. formulary saves private drug plan $13 million: study

Adoption of B.C. formulary saves private drug plan $13 million: study

As plan sponsors continue to look for ways to control drug plan spending, a new study from the University of British Columbia shows that switching…

  • By: Sonya Felix
  • August 13, 2019 November 11, 2020
  • 09:15
Buck launching digital HR product aimed at driving behavioural change

Buck launching digital HR product aimed at driving behavioural change

Buck is launching a three-part digital human resources product that aims to help employers create a consolidated experience for their plan members, drive behavioural change…

  • By: Staff
  • August 13, 2019 November 11, 2020
  • 09:00
Schroders names new head of Canada, SLC new head of client solutions

Schroders names new head of Canada, SLC new head of client solutions

Schroders Investment Management Ltd. is naming Michelle Skelly as its new head of Canada. Skelly joined Schroders in 2007 and has served as institutional sales…

  • By: Staff
  • August 12, 2019 November 12, 2020
  • 16:00
CSA publishes guidance for public companies on reporting climate risks

CSA publishes guidance for public companies on reporting climate risks

The Canadian Securities Administrators is releasing guidance for public companies on reporting the material risks that climate change poses to their businesses. The guidance aims to help…

  • By: Staff
  • August 12, 2019 November 12, 2020
  • 15:00
Sun Life first insurance company to offer sustainability bond

Sun Life first insurance company to offer sustainability bond

While many financial institutions are issuing green bonds, Sun Life Financial is the first insurance company globally to issue a sustainability bond, which will cover…

  • By: Yaelle Gang
  • August 12, 2019 November 12, 2020
  • 10:25
Feds announce final changes to Canadian drug pricing regulations

Feds announce final changes to Canadian drug pricing regulations

On Friday, the federal government announced the final amendments to the Patented Medicine Prices Review Board regulations, estimating the reforms will save Canadians about $13…

  • By: Staff
  • August 12, 2019 November 12, 2020
  • 09:45
Retiree organizations rejecting changes to B.C.’s DB pension solvency rules

Retiree organizations rejecting changes to B.C.’s DB pension solvency rules

Two organizations representing Canadian pensioners are asking the British Columbia government to reject the recommendations of a recent report by the Ministry of Finance that…

How to ensure employees don’t feel anxiety before workweek begins

How to ensure employees don’t feel anxiety before workweek begins

The weekend is short enough, but if a new survey by Robert Half International is any indication, it’s getting shorter. The survey found Sunday evenings are eating into…