Latest news in Benefits Canada News

Morneau Shepell publishes first corporate social responsibility report

Over the last year, Morneau Shepell Ltd. has implemented innovative strategies that have fostered openness, diversity and well-being, according to its inaugural corporate social responsibility…

  • By: Staff
  • April 26, 2019 November 30, 2020
  • 09:00
Daniel Peak retiring from Sanofi

Daniel Peak retiring from Sanofi

Daniel Peak, national senior manager of private payer strategy at Sanofi, is retiring on April 26. As senior manager, Peak led the development and implementation of…

  • By: Staff
  • April 26, 2019 September 13, 2019
  • 08:30
Words to use and words to lose in retirement, pension communications

Words to use and words to lose in retirement, pension communications

When trying to engage pension members in retirement planning, some words are better than others. Rob Kochel, vice-president at Invesco Ltd., advised employers at Benefits Canada’s…

Decumulation, cyber security among initiatives in CAPSA’s latest strategic plan

Decumulation, cyber security among initiatives in CAPSA’s latest strategic plan

The Canadian Association of Pension Supervisory Authorities has outlined its priorities for April 2019 to March 2022 in its new strategic plan, which included initiatives…

Digital health startups partner to improve virtual health-care access

Digital health startups Maple and Dot Health are partnering to deliver a platform with more accessible virtual health care for Canadian benefits plan members and individuals.…

  • By: Staff
  • April 24, 2019 November 30, 2020
  • 16:00
As DC pension plans come of age, enrolment is key

As DC pension plans come of age, enrolment is key

While the process has been slow to date, it’s clear the migration to defined contribution pension plans will continue in Canada. Defined benefit assets comprised about 47…

Ontario Teachers’ launches venture capital investment platform

Ontario Teachers’ launches venture capital investment platform

The Ontario Teachers’ Pension Plan is launching a venture capital investment platform to support companies using technology to create new sectors or disrupt existing ones. Called…

  • By: Staff
  • April 23, 2019 September 19, 2019
  • 15:15
Employer pension plan asset values grows 2.3% in Q4 2019

Employment insurance recipients on the rise: StatsCan

The number of people who received regular employment insurance benefits increased by 4,400 in February, a rise of one per cent since January, according to…

  • By: Staff
  • April 23, 2019 November 30, 2020
  • 15:00

Total rewards shifting to more person-centric programs

Alongside Hydro One Ltd.’s initial public offering in November 2015, the company underwent an internal transformation by revamping its total rewards program. Previously, the utility organization’s program was…

Canadian pension plans among top responsible asset allocators

Canadian pension plans among top responsible asset allocators

As the British Columbia Investment Management Corp. released its 2018 annual responsible investing report, it also announced it made the list of the top 25…

Replacement income for CAPs hits lowest levels since 2011: report

Replacement income for CAPs hits lowest levels since 2011: report

The fourth quarter of 2018 saw the largest decline since 2011 in a retiring member’s ability to create a secure retirement income, according to a report…

  • By: Staff
  • April 22, 2019 September 19, 2019
  • 15:30

Developing a benefits plan to support a multi-generational workforce

As newer generations enter the workforce, innovative benefits plan design is important to connect plan members with the resources that fulfill the needs of an…

PCL staff plant trees, recycle batteries and more for Earth Day

PCL Construction is marking Earth Day with a challenge that encourages employees to be more mindful of the environment. Its employees across the country are working…

Financial wellness programs must go beyond education: survey

Financial wellness programs must go beyond education: survey

While educational content is a key component of financial wellness programs, they must also be measurable and embrace technology to help defined contribution plan members move…

  • By: Staff
  • April 22, 2019 September 19, 2019
  • 09:00

Shoppers Drug Mart launches health coaching program

Health Solutions by Shoppers Drug Mart is launching a health coaching program for plan sponsors to include in their benefits plans. Aimed at employees with…

  • By: Staff
  • April 22, 2019 February 27, 2021
  • 08:25
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Ethical investing important to majority of Canadians: survey

Seventy per cent of Canadians said they think it’s important to invest in companies with strong environmental, social and governance performance, according to a new…

  • By: Staff
  • April 18, 2019 January 10, 2021
  • 10:05

Has six months of legal cannabis changed the workplace?

Since recreational cannabis was legalized across Canada six months ago, related workplace problems have mainly been notable by their absence. “It’s been a surprising lack…

Aon sells culture, engagement, leadership development and advisory businesses

Aon sells culture, engagement, leadership development and advisory businesses

Aon has reached a definitive agreement to sell certain businesses within its talent practice, specifically culture and engagement, leadership development and advisory and related products…

  • By: Staff
  • April 18, 2019 September 19, 2019
  • 09:00
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bfinance appoints Philip Coté director of client consulting

Investment consultancy bfinance has appointed Philip Coté as director of client consulting in Canada. With more than 16 years of experience in financial services, investment consulting, product development and manager…

  • By: Staff
  • April 18, 2019 January 10, 2021
  • 08:00

Most millennials saving for retirement, prefer human advice: study

Even though millennials often get a bad rap for being frivolous, a new study from New Jersey-based fintech firm LendEDU found 58 per cent are saving for…

  • By: Staff
  • April 17, 2019 January 10, 2021
  • 16:30
Communication, learning key factors in driving employee experience: report

Communication, learning key factors in driving employee experience: report

Twenty-one per cent more Canadian employees cited collaboration and communication as key factors in their employee experience than their global counterparts, according to a new…

  • By: Staff
  • April 17, 2019 September 19, 2019
  • 16:00
Can CPP have a provincial bias?

Can CPP have a provincial bias?

A recent report highlighting that Albertans are currently paying more into the Canada Pension Plan than the province’s retirees are taking out demonstrated an example of a…

Health Canada moving to simplify generic drug approval process

Health Canada moving to simplify generic drug approval process

Health Canada has proposed amendments to the Food and Drug Regulations that would make it easier for drug companies to get authorization to produce generic…

Expanding the benchmarks for pension funding status

Expanding the benchmarks for pension funding status

Since using a single benchmark portfolio to measure a pension plan’s funding status paints a narrow picture, a new report by PBI Actuaries and Consultants looked…

Rise People partners with Sun Life for HR administration platform

Rise People partners with Sun Life for HR administration platform

Rise People Inc. is partnering with Sun Life Assurance Co. of Canada to launch a human resources platform that aims to simplify administration and provides payroll and benefits…

  • By: Staff
  • April 16, 2019 September 13, 2019
  • 15:00