Latest news in Benefits Canada News

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Caisse and partner forming solar financing platform

The Caisse de dépôt et placement du Québec and U.K.-based Lightsource BP are investing $260 million to finance a portfolio of solar assets owned and managed by Lightsource.…

  • By: Staff
  • May 13, 2019 January 10, 2021
  • 15:00
Sounding Board: B.C.’s municipal pension plan celebrating 80 years

Sounding Board: B.C.’s municipal pension plan celebrating 80 years

Canada’s public sector pension plans are well-respected internationally for their administration, independent governance, investments, regulation and plan design. And British Columbia’s municipal pension plan is…

  • By: Judy Payne
  • May 12, 2019 September 19, 2019
  • 08:45

NEI appoints John Bai vice-president and CIO

John Bai is joining NEI Investments and Aviso Wealth Inc. as vice-president and chief investment officer. In the new role, he’ll handle the strategic direction…

  • By: Staff
  • May 10, 2019 January 10, 2021
  • 15:00

Foodora couriers attempting to unionize for better pay, benefits

Foodora couriers are leading an effort to join the Canadian Union of Postal Workers to negotiate with their employer for fairer pay and basic benefits. The Justice for Foodora…

U.S. employers offering more diverse vacation options: survey

Employers are offering more innovative ways for workers to take time off, according to a survey  by the International Foundation of Employee Benefit Plans. The…

  • By: Staff
  • May 10, 2019 December 3, 2020
  • 09:30

Empire Life appoints VP of group solutions, Canada Life names chief digital officer

The Empire Life Insurance Co. is appointing Michael Perry as senior vice-president of  group solutions. In 2016, Perry joined Empire Life as vice-president of group product…

  • By: Staff
  • May 10, 2019 December 3, 2020
  • 09:29
Calgary unions decry city councillor’s pension review proposal

Calgary unions decry city councillor’s pension review proposal

While a Calgary councillor’s proposal to review all municipal pensions was passed to a city committee for further study in late April, local unions are still…

Editorial: Employers, flex your flexible working muscles

Today’s modern world is constantly shifting, piling more and more layers on for people attempting to juggle, and balance, the responsibilities of work and life. Since…

Head to head: Is there a place for OCIOs in DC pension plans?

Head to head: Is there a place for OCIOs in DC pension plans?

An outsourced chief investment officer provides external expertise that can ease the minds of plan sponsors overwhelmed by pension management decisions. While the services have…

  • By: Staff
  • May 10, 2019 March 6, 2021
  • 08:59
How Husky Energy included active members in its DB plan annuitization

How Husky Energy included active members in its DB plan annuitization

With a defined benefit plan closed since 1991, Husky Energy Inc. was facing a dilemma. It wanted to annuitize the plan but had active members…

2019 CAP Member Survey: Helping each generation on their retirement journey

2019 CAP Member Survey: Helping each generation on their retirement journey

Though more than half of Canadian capital accumulation plan members feel financially prepared for retirement, there’s a distinct difference across generations. Given their proximity to…

2019 Top 40 Money Managers Report: Investment lessons for DC plans from their DB parents

2019 Top 40 Money Managers Report: Investment lessons for DC plans from their DB parents

While defined benefit plans are traditionally known for their paternalism, defined contribution pensions represent the next generation. Learning from their parents’ years of investment experience,…

Evaluating the value of employee assistance programs

The contents of employee assistance programs are growing and reflecting a wider range of services. At the same time, attitudes to pricing are also changing.…

Governance at core of success in CAAT plan’s shift to private markets

Strong governance allowed the Colleges of Applied Arts and Technology pension plan to find success in private markets, according to Julie Cays, the plan’s chief…

Is an open concept working environment really ideal for employees?

Technology is changing the way we live, but it’s also affecting how work is done and the way workspaces are designed. Indeed, computers have made…

Are claims trends for antidepressants sustainable?

Are claims trends for antidepressants sustainable?

Between 2000 and 2015, antidepressant drug consumption doubled in Organisation for Economic Co-operation and Development countries. This is potentially a reflection of people’s growing willingness…

The legal risks of drug plan design changes

The legal risks of drug plan design changes

Drug plan design changes are often unavoidable, whether they’re due to a carrier modifying contracts across the board or an employer looking to manage ballooning…

Q&A with PCL Construction’s Mike Olsson

Q&A with PCL Construction’s Mike Olsson

PCL Construction Ltd.’s vice-president of human resources and professional development discusses the many dimensions of wellness, virtual health care and hiking in the Rockies. Q.…

Manulife launches opioid management program, partners with virtual health-care company

Manulife is launching a preventative opioid management program, extending its Vitality program to group benefits plans and partnering with digital health company Akira Health. The opioid…

  • By: Staff
  • May 9, 2019 November 30, 2020
  • 10:30

AIMCo posts 2.5% return for 2018

In a tough year for the returns of many pension plans, the Alberta Investment Management Corp. returned an aggregate net return of 2.5 per cent…

  • By: Staff
  • May 9, 2019 January 10, 2021
  • 09:44

Mental-health framework part of PSAC negotiation impasse with feds

The Public Service Alliance of Canada is declaring a bargaining impasse after failing to make substantial progress towards a new contract with the federal government. According…

  • By: Staff
  • May 9, 2019 November 30, 2020
  • 09:15
Almost half of younger Canadian boomers considering delaying retirement: study

Almost half of younger Canadian boomers considering delaying retirement: study

More than a fifth (21 per cent) of younger Canadian baby boomers haven’t saved for retirement, according to a survey by Franklin Templeton Investments Canada.…

  • By: Staff
  • May 9, 2019 September 13, 2019
  • 08:45

Hub International acquiring assets of Clarity Benefits Group

Hub International Ltd. is acquiring the assets of Clarity Benefits Group Inc., a Calgary-based firm that provides benefits plans, life insurance and group retirement plans…

  • By: Staff
  • May 7, 2019 December 3, 2020
  • 16:13
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CPPIB, PSP part of group investing in new AI fund

The Canada Pension Plan Investment Board and the Public Sector Pension Investment Board are part of a group investing in a new US$350-million fund focused on…

  • By: Staff
  • May 7, 2019 January 9, 2021
  • 15:35
One-third of employees don’t expect to fully retire: survey

One-third of employees don’t expect to fully retire: survey

A third of employees don’t expect to ever reach full retirement, according to a new survey by Aon. The survey, which polled 1,000 Canadians at all stages of…

  • By: Staff
  • May 7, 2019 September 19, 2019
  • 09:30