Latest news in Benefits Canada News

Caisse investing in online golf equipment retailer

Caisse investing in online golf equipment retailer

The Caisse de dépôt et placement du Québec is making a share capital investment in Quebec-based Golf Avenue. The investment will allow the online pre-owned golf…

  • By: Staff
  • August 9, 2019 November 11, 2020
  • 15:00
Canadian DB pension plans post modest returns in second quarter

Canadian DB pension plans post modest returns in second quarter

Global market volatility drove Canadian defined benefit pension plans’ median returns lower in the second quarter of 2019, according to BNY Mellon Asset Management Canada Ltd.…

  • By: Staff
  • August 9, 2019 November 12, 2020
  • 10:00
Toronto Foodora couriers to vote on union certification

Toronto Foodora couriers to vote on union certification

The union hoping to represent Foodora Inc.’s Toronto couriers has filed an unfair labour practice complaint with the Ontario Labour Relations Board, alleging the company…

  • By: Staff
  • August 9, 2019 November 12, 2020
  • 09:00

How is de-globalization affecting institutional investors?

As active attempts to dismantle globalization are disrupting businesses already using tools to push growth and profitability forward, institutional investors need to remain vigilant after…

Sun Life Global Investments names new president

Sun Life Global Investments names new president

Sun Life Global Investments Canada Inc. has named Jordy Chilcott president and senior vice-president of investment solutions. In the new role, he’s oversee the firm and…

  • By: Staff
  • August 9, 2019 November 12, 2020
  • 08:45
80% of Canadian employers concerned about retaining talent: survey

80% of Canadian employers concerned about retaining talent: survey

The majority (80 per cent) of Canadian employers said they’re concerned about retaining top talent, with more than a quarter of respondents saying they’re very…

  • By: Staff
  • August 8, 2019 November 11, 2020
  • 15:15
Caisse investing in data centre operator, telecom infrastructure

Caisse investing in data centre operator, telecom infrastructure

The Caisse de dépôt et placement du Québec, alongside Fengate Asset Management, is investing in eStruxture Data Centers. The Quebec-based data centre operator currently has…

  • By: Staff
  • August 8, 2019 November 11, 2020
  • 08:30
Morneau Shepell closes acquisition of some of Mercer’s U.S. health, DB businesses

Morneau Shepell closes acquisition of some of Mercer’s U.S. health, DB businesses

Morneau Shepell Inc. has closed the previously announced acquisition of Mercer’s stand-alone, large market health and defined benefit pension plan administration business in the U.S.…

  • By: Staff
  • August 7, 2019 November 12, 2020
  • 16:15
Court clears path for SNC-Lavalin to close sale of stake in 407

Court clears path for SNC-Lavalin to close sale of stake in 407

SNC-Lavalin Group Inc. says an Ontario judge has cleared it to proceed with the $3.25-billion sale of a stake in the 407 toll highway, paving…

U.S. workers would value financial benefits at time of a pay raise: survey

U.S. workers would value financial benefits at time of a pay raise: survey

Three-quarters (74 per cent) of employees said financial benefits, such as savings tools, offered by their employer at the time of a pay raise would…

  • By: Staff
  • August 7, 2019 November 12, 2020
  • 15:15
Ontario court rules employee allowed to revoke retirement notice

Ontario court rules employee allowed to revoke retirement notice

The Ontario Court of Appeal has ruled an employee was in the right when she rescinded her retirement notice after circumstances changed. In September 2016, Elisabeth…

Ontario Teachers’ investing in Indian infrastructure, East Asian cruise line

Ontario Teachers’ investing in Indian infrastructure, East Asian cruise line

The Ontario Teachers’ Pension Plan and Australian superannuation fund AustralianSuper are investing up to US$1 billion each in the National Investment and Infrastructure Fund of India’s…

  • By: Staff
  • August 7, 2019 November 12, 2020
  • 09:00
More than half of hedge fund managers still not considering ESG: survey

More than half of hedge fund managers still not considering ESG: survey

About four in 10 (41 per cent) hedge fund managers are considering environmental, social and governance factors in their allocation decisions, according to a new survey…

  • By: Staff
  • August 6, 2019 November 12, 2020
  • 15:30
Caisse returns 6.1% in first half of 2019

Caisse returns 6.1% in first half of 2019

In the first half of 2019, the Caisse de dépôt et placement du Québec has earned an average return on depositors’ funds of 6.1 per cent,…

  • By: Staff
  • August 6, 2019 November 12, 2020
  • 10:44
Alberta employers on hook longer for civil claims for privacy breaches

Alberta employers on hook longer for civil claims for privacy breaches

A new ruling by the Alberta Court of Appeal says civil claims for privacy breaches can be filed more than two years after the breach…

Canadian employees most productive on Tuesdays: survey

Canadian employees most productive on Tuesdays: survey

Canadian employees are most productive at the beginning of the week, according to a new survey by Accountemps. About a third (35 per cent) of…

  • By: Staff
  • August 6, 2019 November 12, 2020
  • 08:45
PSP Investments completes sale of Advisor Group

PSP Investments completes sale of Advisor Group

The Public Sector Pension Investment Board, alongside private equity firm Lightyear Capital, have completed the sale of Advisor Group Inc. to Reverence Capital Partners. Since…

  • By: Staff
  • August 2, 2019 November 12, 2020
  • 15:00
What does Elizabeth Warren’s proposed legislation mean for the future of private equity?

What does Elizabeth Warren’s proposed legislation mean for the future of private equity?

Senator Elizabeth Warren, who is running to become the next presidential candidate for the U.S. Democratic Party, has proposed new legislation attacking the private equity industry…

PEI adds six drugs to formulary at cost of $750,000 a year

PEI adds six drugs to formulary at cost of $750,000 a year

Prince Edward Island has added six new drugs to the provincial formulary. People dealing with arthritis, diabetes, chronic obstructive pulmonary disease, lung cancer, heart failure…

Gen-X leaders not promoted as often as millennials, baby boomers: study

Gen-X leaders not promoted as often as millennials, baby boomers: study

Generation X employees in leadership roles are overlooked for promotions at higher rates than their counterparts in other generations, according to a study by Development Dimensions…

  • By: Staff
  • August 1, 2019 November 12, 2020
  • 15:00
BCI posts 6.1% return for fiscal year, driven by private assets

BCI posts 6.1% return for fiscal year, driven by private assets

The British Columbia Investment Management Corp. posted a combined net return of 6.1 per cent for its fiscal year, which ended March 31, 2019. Adding $2 billion…

  • By: Staff
  • August 1, 2019 November 11, 2020
  • 09:00
Feds adding $2.4 million to address workplace sexual harassment

Feds adding $2.4 million to address workplace sexual harassment

The federal government is providing $2.4 million in funding to two organizations that are working to address sexual harassment in Canadian workplaces. These organizations — Legal…

  • By: Staff
  • July 31, 2019 November 12, 2020
  • 16:00
Mercer Canada appoints wealth business leader in Vancouver

Mercer Canada appoints wealth business leader in Vancouver

Mercer Canada has appointed Bernard Mercier as partner and wealth business leader for its Vancouver division. In the new role, he’ll be responsible for service…

  • By: Staff
  • July 31, 2019 November 12, 2020
  • 15:00
How institutional investors can capture the return potential of 5G tech

How institutional investors can capture the return potential of 5G tech

The advent of fifth generation cellular technology, 5G for short, has significant implications for institutional investors with patient capital. Many innovative sectors have the capacity…

SaskTel union bargaining for mental-health days, domestic violence leave

SaskTel union bargaining for mental-health days, domestic violence leave

Employees at Saskatchewan Telecommunications Holding Corp. are giving Unifor’s bargaining team a strong mandate to take strike action, if necessary, in the quest for a fair contract.…