Latest news in Benefits Canada News

Employers, insurers facing challenges as genetic testing grows in popularity

Employers, insurers facing challenges as genetic testing grows in popularity

Genetic testing is gradually growing in popularity as some employers adopt a more preventative benefits and wellness strategy. In its annual employee benefits report, the U.S.-based…

Feds proposals for variable benefits present opportunity to revisit PRPP rules: PIAC

Feds proposals for variable benefits present opportunity to revisit PRPP rules: PIAC

The federal government’s proposals around advanced life deferred annuities and variable payment life annuities represent significant enhancements in decumulation options for Canadian capital accumulation plan…

  • By: Staff
  • June 5, 2019 September 13, 2019
  • 09:00

How important are pet perks at work?

Allowing employees to bring their dogs to work could have a paw-sitive influence on morale, recruitment and retention, according to a new survey by Wellness Natural…

  • By: Staff
  • June 4, 2019 December 3, 2020
  • 15:30
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What’s dominating CIO conversations with asset owners?

With a challenging backdrop to the current investment landscape, certain topics are continually resurfacing when chief investment officers speak with asset owners. The conversation is dominated…

  • By: Staff
  • June 4, 2019 January 9, 2021
  • 09:00

Generation Z wants supportive managers, flexible work hours: survey

A third of generation Z measure success by manager recognition and colleague support, according to a new survey by the Workforce Institute at Kronos Inc. The survey,…

  • By: Staff
  • June 3, 2019 November 30, 2020
  • 15:00
CLHIA withdraws compensation disclosure guideline

CLHIA withdraws compensation disclosure guideline

The Canadian Life and Health Insurance Association is withdrawing guideline G19 on advisor compensation for group benefits and retirement services. “Following extensive discussions with market players,…

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A look at the role of farmland in pension portfolios

There are different ways that pension funds can think about how farmland fits within their portfolios, says Bernice Miedzinski, president of StarBridge Capital Ltd. For…

How Canadian legislation is moving to solve issue of missing pension members

How Canadian legislation is moving to solve issue of missing pension members

While there isn’t reliable data on just how many people are disconnected from their old pension plans, the federal government says the number could be…

Canada seeing measurable improvements in women on corporate boards: report

Canada seeing measurable improvements in women on corporate boards: report

Four years after the Ontario Securities Commission introduced its comply-or-explain disclosure policy, Canada has seen measurable improvements in the number of women sitting on corporate…

CPPIB challenged to divest from Chinese firms tied to abuses against Uyghurs

The Canada Pension Plan Investment Board is facing pressure to divest from companies allegedly tied to human rights abuses in China. “I have constituents of…

Number of working Canadians requiring time off for disability rising

Number of working Canadians requiring time off for disability rising

Though only half (50 per cent) of Canadians have disability coverage, 68 per cent have required time off work because of a disability, according to a survey by…

  • By: Staff
  • May 30, 2019 September 16, 2019
  • 15:20
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IMCO appoints Patrick De Roy senior managing director

The Investment Management Corp. of Ontario is appointing Patrick De Roy to the newly created role of senior managing director of total portfolio and capital…

  • By: Staff
  • May 30, 2019 January 10, 2021
  • 15:15

Ontario Teachers’ appoints six new managing directors

The Ontario Teachers’ Pension Plan is appointing six new managing directors in its investment division. Maggie Fanari has been promoted to managing director of the teachers’ innovation platform…

  • By: Staff
  • May 30, 2019 January 10, 2021
  • 15:00
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North America still dominating Canadian DB plan alternative allocations

Since standard banks began to shy away from their traditional financing role after the 2008 financial crisis, institutional investors have helped maintain markets by becoming…

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B.C. government says expanding biosimilars will save nearly $100 million over three years

British Columbia is expanding its use of biosimilars, effective November 2019. The move is expected to create opportunities for new drug listings and increase current coverage for patients, according to…

Canada Life introducing RESP to group benefits plans

Students value salary, development in prospective jobs: survey

A good salary, job security and professional development are the top employment criteria for post-secondary students, according to a new survey by Universum Global. The…

  • By: Staff
  • May 30, 2019 February 23, 2021
  • 09:00

PIPSC agreement includes parental leave top-up, paid domestic violence leave

The Professional Institute of the Public Service of Canada and the Treasury Board have reached an agreement that includes expanded parental leave top-up, paid leave…

  • By: Staff
  • May 29, 2019 November 30, 2020
  • 09:30
Further clarity required on Ontario’s variable benefits proposal: PIAC

Further clarity required on Ontario’s variable benefits proposal: PIAC

While the Pension Investment Association of Canada is praising Ontario’s 2019 budget proposals, it’s also questioning how the provincial government is planning to implement them. In a…

  • By: Staff
  • May 29, 2019 September 19, 2019
  • 09:15
Medavie Blue Cross appoints Shane Reid

Medavie Blue Cross appoints Shane Reid

Medavie Blue Cross is appointing Shane Reid as director of product, pharmacy and provider management. In the new role, Reid will be responsible for leading…

  • By: Staff
  • May 29, 2019 September 17, 2019
  • 09:00
N.S. moving forward with new DB pension solvency regime

N.S. moving forward with new DB pension solvency regime

The Nova Scotia government is moving forward with changes to its regulatory framework for defined benefit pension plans. The province’s new framework follows a review launched in…

  • By: Staff
  • May 28, 2019 September 19, 2019
  • 15:15
DuPont introducing new parental leave policy

DuPont introducing new parental leave policy

DowDuPont Inc.’s specialty products division is adopting a comprehensive parental leave policy, which offers four weeks of paid leave for new parents, including adoptive and same-sex…

  • By: Staff
  • May 28, 2019 September 13, 2019
  • 15:00
Are tensions between China and the U.S at trade war level yet?

Are tensions between China and the U.S at trade war level yet?

Last spring, U.S. President Donald Trump tweeted that trade wars are easy to win. Last Friday, however, he tweeted the U.S. and China have really…

Survey finds half of U.S. workers report most stress comes from finances

Fewer than half of U.S. employees have a positive state of well-being, according to a new survey by Alight Solutions. The survey, which polled 2,301 people, also found…

  • By: Staff
  • May 28, 2019 November 30, 2020
  • 09:22

Work-home role ambiguity negatively affects commuters: study

Employees who think about their upcoming role at work during their morning commutes are less likely to be negatively affected, according to a recent study by the…

  • By: Staff
  • May 27, 2019 November 30, 2020
  • 09:45
House passes bill to help workers with retirement savings

House passes bill to help workers with retirement savings

The House overwhelmingly approved a bill Thursday to promote retirement security by making it easier for small businesses and other companies to offer retirement plans.…