Latest news in Benefits Canada News

Loblaw increasing part-time workers in Newfoundland, may affect benefits

Loblaw increasing part-time workers in Newfoundland, may affect benefits

The union representing employees of Dominion Stores supermarkets in Newfoundland is accusing parent company, Loblaw Companies Ltd., of using an increasing number of part-time employees…

Mental health increasingly on Canadian employers’ radars: survey

Mental health increasingly on Canadian employers’ radars: survey

Almost all employers offer paramedical benefits for psychology and many are adopting programs to support employee mental health, according to a new survey by Aon.…

  • By: Staff
  • July 10, 2019 November 12, 2020
  • 09:00
PIAC comments on N.S.’s proposed DB pension funding framework

PIAC comments on N.S.’s proposed DB pension funding framework

The Pension Investment Association of Canada is commending Nova Scotia on its proposed changes for improving the province’s pension funding framework. In a letter, the PIAC noted…

  • By: Staff
  • July 10, 2019 November 30, 2020
  • 08:30
BCI investing in U.S. aerospace finishing company

BCI investing in U.S. aerospace finishing company

The British Columbia Investment Management Corp., alongside ATL Partners, are acquiring Valence Surface Technologies Inc., a Houston-based aerospace surface finishing platform. The company has eight facilities in…

  • By: Staff
  • July 9, 2019 November 11, 2020
  • 15:15
Ontario Teachers’ names Jo Taylor next president and CEO

Ontario Teachers’ names Jo Taylor next president and CEO

The Ontario Teachers’ Pension Plan has named Jo Taylor as its new president and chief executive officer, effective Jan. 1, 2020. Currently executive managing director of global development…

  • By: Staff
  • July 9, 2019 November 12, 2020
  • 15:00
Canadian pension funds welcome proposed tax changes on U.S. real estate investments

Canadian pension funds welcome proposed tax changes on U.S. real estate investments

Canadian pension funds are welcoming proposed regulations from the U.S. Department of the Treasury that clarify the sweeping exemption from U.S. tax on real estate available…

One in four Americans don’t plan to retire despite realities of aging: survey

One in four Americans don’t plan to retire despite realities of aging: survey

Nearly one-quarter of Americans said they never plan to retire, according to a poll from The Associated Press-NORC Center for Public Affairs Research that suggested a…

How gendered language could help measure ESG

How gendered language could help measure ESG

Identifying language more commonly used by a certain gender could have bearing on data analysis of socially responsible investment choices. A new metric, formulated by alternative…

  • By: Staff
  • July 8, 2019 November 12, 2020
  • 09:30
Feds investing $2.7M in online tool for understanding workplace harassment laws

Feds investing $2.7M in online tool for understanding workplace harassment laws

The Canadian Women’s Foundation, AfterMeToo and the Aboriginal Peoples Television Network is receiving more than $2.7 million from the federal government to create an online…

University groups one step closer to forming JSPP

University groups one step closer to forming JSPP

Staff members at three Ontario universities are one step closer to a new jointly sponsored pension plan. Three faculty groups and three affiliated United Steelworkers…

  • By: Staff
  • July 5, 2019 November 30, 2020
  • 15:15
‘Room for improvement’ in OECD, EU family-friendly policies, says Unicef

‘Room for improvement’ in OECD, EU family-friendly policies, says Unicef

Sweden, Norway and Iceland offer the most family-friendly policies of all 41 Organisation for Economic Cooperation and Development and European Union countries, according to a…

  • By: Staff
  • July 5, 2019 November 11, 2020
  • 09:30
Feds publish draft proposals on changes to employee stock options

Feds publish draft proposals on changes to employee stock options

The federal government has released draft legislative proposals to implement changes to the employee stock option tax regime announced in its 2019 budget. As promised in…

Accessibility and affordability touted as benefits of online mental-health programs

Accessibility and affordability touted as benefits of online mental-health programs

Plan sponsors looking to improve their mental-health benefits should consider offering online psychotherapy treatment programs for members, says Peter Gove, former innovation leader in health…

Canadian DB pension solvency on the rise but volatility ahead

Canadian DB pension solvency on the rise but volatility ahead

Canadian defined benefit pension plans maintained their solvency levels through the second quarter of 2019, according to Mercer’s latest pension health index. The index, which…

Quebec smelter workers accept offer, including higher employer pension contributions

Quebec smelter workers accept offer, including higher employer pension contributions

Unionized employees of the Aluminerie de Bécancour Inc. aluminum smelter in Quebec, who’ve been locked out for nearly 18 months, have accepted the company’s latest…

  • By: Staff
  • July 4, 2019 November 12, 2020
  • 15:00
EAP use results in positive workplace outcomes: study

EAP use results in positive workplace outcomes: study

Compared with people who don’t access employer-provided employee assistance programs, Canadians who use the services have increased workplace engagement, as well as reduced presenteeism and distress at work,…

CPPIB sells student housing business to Unite Group

CPPIB sells student housing business to Unite Group

The Canada Pension Plan Investment Board is selling its student accommodation business Liberty Living to London Stock Exchange-listed Unite Group for about $1.3 billion. The…

  • By: Staff
  • July 3, 2019 November 12, 2020
  • 15:30
Navacord acquires Edmonton-based benefits consulting firm

Navacord acquires Edmonton-based benefits consulting firm

Canadian commercial broker Navacord is acquiring Edmonton-based Benefits Consulting Inc. This is the organization’s second benefits and retirement transaction in 2019, following the acquisition of Future…

  • By: Staff
  • July 3, 2019 November 12, 2020
  • 15:30
Using better communication to help employers close the retirement gender gap

Using better communication to help employers close the retirement gender gap

In preparing for retirement, women have to contend with the salary gap, barriers to career continuity and more limited access to employer-sponsored pension plans, making…

  • By: Staff
  • July 3, 2019 November 30, 2020
  • 09:00
The Canadian Press and Postmedia join CAAT’s DBplus plan

The Canadian Press and Postmedia join CAAT’s DBplus plan

The Canadian Press, London Cross Cultural Learner Centre and Postmedia Network Inc. are among the latest organizations joining the Colleges of Applied Arts and Technology…

  • By: Staff
  • July 2, 2019 November 12, 2020
  • 15:33
CPPIB, OMERS up stake in Indian toll roads, Caisse invests in digital health company

CPPIB, OMERS up stake in Indian toll roads, Caisse invests in digital health company

Indian-based infrastructure conglomerate IndInfravit Trust, whose owners include the Canada Pension Plan Investment Board and the infrastructure investment arm of the Ontario Municipal Employees’ Retirement Plan, is…

  • By: Staff
  • July 2, 2019 November 12, 2020
  • 15:30

Hub acquiring Edmonton-based benefits, retirement consulting firm

Hub International Ltd. is acquiring benefits and retirement consulting group BenefitLink Resource Group Edmonton Holdings Inc. The acquisition is part of Hub’s strategy to increase…

  • By: Staff
  • July 2, 2019 November 16, 2020
  • 10:20
Canadian economy not immune to outside forces: report

Canadian economy not immune to outside forces: report

While geopolitical tensions are grabbing investors’ attention, how is Canada faring domestically? It’s a bit of a mixed bag, according to Russell Investments Group’s latest…

  • By: Staff
  • July 2, 2019 November 12, 2020
  • 10:17
What employer participation in Pride means to employees

What employer participation in Pride means to employees

Being out at work, as a member of the LGBTQ2S+ community, can be a tricky thing. As an educator, expressing pride in one’s identity isn’t…

Deadline extended for Workplace Benefits Awards

Deadline extended for Workplace Benefits Awards

Benefits Canada is extending the deadline for entering the 2019 Workplace Benefits Awards to Monday, July 15. The annual awards, which will be held in Toronto on…

  • By: Staff
  • June 28, 2019 November 30, 2020
  • 10:06