Latest news in Benefits Canada News

Employers must shape workplace culture to fit preferences of younger generations: survey

More than four out of five (83 per cent) Canadian workers are satisfied with their work, according to a study on the Canadian workplace by office supplies,…

  • By: Staff
  • May 24, 2019 November 30, 2020
  • 13:15
Pension model of future must find common ground between DB, DC: report

Pension model of future must find common ground between DB, DC: report

The Canadian pension industry must go beyond the defined benefit versus defined contribution debate and focus on the model of the future, according to a…

  • By: Staff
  • May 24, 2019 September 19, 2019
  • 09:00

To raise workplace productivity, turn the thermostat up: study

A new study linking gender and responses to temperature could have an impact on workplace productivity. The study, which was published in the German-based, peer-reviewed scientific…

  • By: Staff
  • May 23, 2019 November 30, 2020
  • 15:45
WSIB appoints special advisors to review operations, best practices

WSIB appoints special advisors to review operations, best practices

The Ontario government is launching a review of the Workplace Safety and Insurance Board to ensure the province’s employees and their families remain supported and protected…

  • By: Staff
  • May 23, 2019 September 17, 2019
  • 15:00

Caisse to supply Medavie with $75M to further strategic objectives

La Caisse de dépôt et placement du Québec is contributing $75 million in the form of a subordinated private debt to Medavie Inc. Medavie operates Medavie Blue…

  • By: Staff
  • May 23, 2019 January 10, 2021
  • 10:01

Study shows workplace wellness programs don’t provide measurable outcomes

Workplace wellness programs don’t provide employees with significant measurable outcomes, according to a new study published in the Journal of the American Medical Association. The study,…

  • By: Staff
  • May 23, 2019 November 30, 2020
  • 09:00
Mercer Canada appoints new wealth practice heads

Mercer Canada appoints new wealth practice heads

Mercer Canada has appointed new heads for its wealth practices in Toronto and Quebec. Todd Nelson is the firm’s new wealth leader for its Toronto…

  • By: Staff
  • May 22, 2019 September 19, 2019
  • 15:00

NFL makes moves to address player mental health, pain management

The National Football League and the NFL Players Association are putting more resources in place for players’ pain management and behavioural health through new union agreements.…

  • By: Staff
  • May 22, 2019 November 30, 2020
  • 09:55
Pension industry welcomes clarity around electronic communications

Pension industry welcomes clarity around electronic communications

Plan administrators are welcoming the increased clarity accompanying the amendment of Ontario’s Pension Benefits Act to allow for the electronic designation of beneficiaries and the re-issue…

Fear of speaking up can lead to employee mental-health issues: survey

The majority of U.S. employees feel they can’t share an idea, opinion or concern at work due to a fear of disrupting their role at…

  • By: Staff
  • May 21, 2019 November 30, 2020
  • 15:00

Should employers help staff save for vacations?

Benefits plans tackle everything from retirement to rheumatoid arthritis, but should they help employees cross items off their bucket lists, too? In her research, Erica…

Sounding Board: How will Canadians stretch their retirement savings to age 100?

Sounding Board: How will Canadians stretch their retirement savings to age 100?

I was lucky enough to know my great-grandmother. I remember her living to the age of 94 — “incredible,” my family would say. But not…

EY Canada adds online CBT to mental-health benefits toolkit

EY Canada is adding online cognitive behavioural therapy to its benefits toolkit, at no cost to employees. The new program, which was introduced at the beginning…

Medavie launches pharmacogenetic testing pilot

Medavie launches pharmacogenetic testing pilot

Medavie Blue Cross is launching a pharmacogenetic testing pilot project to help group benefits plan members find ideal medication and dosing amounts. The project uses GeneYouIn…

  • By: Staff
  • May 16, 2019 September 17, 2019
  • 15:45

Ontario Teachers’ sells stake in renewables firm, PSP joins Nestle subsidiary acquisition

The Ontario Teachers’ Pension Plan is selling its stake in BluEarth Renewables Inc. to DIF Infrastructure V, a European independent infrastructure fund. The Ontario Teachers’ was…

  • By: Staff
  • May 16, 2019 January 10, 2021
  • 15:01

PCL employees share mental-health stories in May

PCL Construction Ltd. is encouraging its employees to talk about their mental-health journeys and take breaks when they need it during the month of May.…

CMHA releases guide for workplace impairment policies

The Canadian Mental Health Association is publishing a free resource to help employers develop new workplace impairment policies or update their existing ones. The guide’s goal…

  • By: Staff
  • May 15, 2019 November 30, 2020
  • 15:15

Diversity and inclusion key part of new parental sharing benefit

The ways that Canadians partner up is changing, leading to questions about how different types of families access parental benefits. “When we think about Canada, and we…

CAPSA issues guidance on annuity quotes for pension solvency, hypothetical windup liabilities

CAPSA issues guidance on annuity quotes for pension solvency, hypothetical windup liabilities

Generally, when a pension plan goes through a solvency or hypothetical windup valuation, the actuaries will value some of the expected liabilities as commuted lump-sum…

Distressed workers lose eight days a month in productivity: research

Employees dealing with mental-health or other well-being issues spend more than a third of their time at the office being unproductive, according to new research by…

  • By: Staff
  • May 15, 2019 November 30, 2020
  • 08:12

Sun Life launches virtual mental-health support pilot

Sun Life has launched a three-month pilot project to test virtual independent medical exams, recognizing that when people are facing a mental-health issue, it can be challenging…

KPMG focuses on employee well-being with first chief mental-health officer

May’s mental-health week is the biggest of the year for Denis Trottier, KPMG Canada’s chief mental-health officer. “My role is very interesting. I have nothing…

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Sun Life Investment Management making senior appointments

Sun Life Investment Management is appointing Elaad Keren as senior managing director and head of mid-markets lending. In the new role, Keren is replacing Keith Cressman, who will…

  • By: Staff
  • May 14, 2019 January 10, 2021
  • 09:30

Mark Evans appointed director of CPPIB

The Canada Pension Plan Investment Board is appointing Mark Evans as a director for a three-year term. Evans spent 15 years with Goldman Sachs Group…

  • By: Staff
  • May 14, 2019 January 10, 2021
  • 08:18

Roll out of higher CPP costs expected to affect HR budgets for benefits, wages

It may not happen this year, or next year, or even the year after that. But sometime between now and 2025, Canadian employers will almost…