Latest news in Benefits Canada News

Ontario appeal court decision could change pension landscape in bankruptcy proceedings

Ontario appeal court decision could change pension landscape in bankruptcy proceedings

A recent decision from the Ontario Court of Appeal could significantly change the landscape for employers and pensioners involved in bankruptcy proceedings that engage pension…

Sun Life shakes up leadership team to streamline client experience

Sun Life shakes up leadership team to streamline client experience

Sun Life Financial Canada is making adjustments to its leadership teams. Heading up the newly created client experience office, Eric Monteiro, senior vice-president and chief client…

  • By: Staff
  • February 21, 2019 September 13, 2019
  • 08:30
Ontario DB plans’ solvency drops in last quarter of 2018: FSCO

Ontario DB plans’ solvency drops in last quarter of 2018: FSCO

Ontario’s defined benefit pension plans had a median solvency ratio of 94 per cent at the end of 2018, according to the Financial Services Commission…

  • By: Staff
  • February 20, 2019 September 13, 2019
  • 09:49
How different workstyle preferences, personas affect the workplace

How different workstyle preferences, personas affect the workplace

Understanding personas will allow organizations to unlock their workforce’s potential, according to new research by Microsoft Canada. The study identified four distinct workplace personality types, or personas,…

U.K. consults on incorporating illiquid assets in DC investments

U.K. consults on incorporating illiquid assets in DC investments

A consultation paper by the U.K. government is considering how defined contribution plans could incorporate more illiquid investments. Specifically, the consultation’s proposals include requiring larger…

  • By: Yaelle Gang
  • February 20, 2019 September 13, 2019
  • 09:04
Advocates urging feds to remove tax on medical cannabis

Advocates urging feds to remove tax on medical cannabis

Canadians for Fair Access to Medical Marijuana is urging the federal government to remove all taxes on medical cannabis. “More than 480,000 Canadian patients require…

  • By: Staff
  • February 19, 2019 September 13, 2019
  • 15:15
Humour expressed by women in workplace seen as dysfunctional: study

Humour expressed by women in workplace seen as dysfunctional: study

Female humour is seen as dysfunctional in the workplace compared to men who are funny (or try to be) in work settings, according to a…

Caisse invests in Quebec venture capital tech firm

Caisse invests in Quebec venture capital tech firm

The Caisse de dépôt et placement du Québec is making investments totalling $127 million to two new funds formed by iNovia Capital, a Quebec venture…

  • By: Staff
  • February 19, 2019 September 13, 2019
  • 08:51
Employee groups from Ontario universities vote to form new joint pension

Employee groups from Ontario universities vote to form new joint pension

Faculty associations at three Ontario universities, as well as certain affiliated unions, have passed a preliminary vote to convert their various existing pension arrangements into a…

  • By: Staff
  • February 19, 2019 September 13, 2019
  • 08:32
CPPIB partners on Paris-based real estate development vehicle

CPPIB partners on Paris-based real estate development vehicle

The Canada Pension Plan Investment Board is signing a strategic partnership with La Française, a third-party asset manager, to launch a new real estate investment and development…

  • By: Staff
  • February 15, 2019 September 13, 2019
  • 16:45
Portable non-employer retirement benefits could fill gap in pension savings: report

Portable non-employer retirement benefits could fill gap in pension savings: report

Portable non-employer retirement benefits could be a useful tool in addressing the underperformance of the U.S. retirement system as a whole, according to a new…

  • By: Staff
  • February 15, 2019 September 13, 2019
  • 10:30
Close to half of EI sickness benefits recipients off work longer than help lasts

Close to half of EI sickness benefits recipients off work longer than help lasts

An internal government survey of people who used federal sickness benefits has found that nearly half were unable to work for longer than the 15…

What trends are dominating private assets for 2019?

What trends are dominating private assets for 2019?

As alternative investments become ubiquitous among institutional portfolios, harnessing the right strategies will make all the difference in an environment where returns are proving harder…

Editorial

Editorial: Communicating CPP enhancements and more pension action on the way

When the Canada Pension Plan enhancement took effect on Jan. 1, 2019, did you feel the pinch in your first paycheque of the year? The…

Are DC plan sponsors actually interested in variable benefits?

Head to head: Are DC plan sponsors actually interested in variable benefits?

While defined contribution plans can currently pay variable benefits to members at retirement in British Columbia, Alberta, Saskatchewan, Manitoba, Quebec and Nova Scotia, the Ontario…

How Scotiabank supported an employee’s gender transition

How Scotiabank supported an employee’s gender transition

During an employee’s gender transition, virtually every workplace benefit can come into play, including drug coverage, employee assistance programs, flexible working options, mental-health programs and…

Using benefits, pension programs to maximize CSR policies

Using benefits, pension programs to maximize CSR policies

Though the term ‘corporate social responsibility’ varies across companies and countries, it’s generally considered to be a form of organizational self-regulation focusing on an employer’s…

  • By: Leigh Doyle
  • February 15, 2019 September 13, 2019
  • 08:57

Back to basics on currency hedging

The world was caught off guard when the U.K. voted to leave the European Union on June 23, 2016, since the majority of polls had…

A look at extended parental benefits one year on

A look at extended parental benefits one year on

With a baby due in March, Ashley Bangsund and her partner Nick Goodall didn’t think twice about whether to take the traditional 12 months of…

  • By: Sonya Felix
  • February 15, 2019 September 13, 2019
  • 08:55
What’s the investment outlook for pension funds in 2019?

What’s the investment outlook for pension funds in 2019?

Following years of steady, globally synchronized growth, volatility is back. In the final weeks of 2018, North American stock markets were especially hectic, posting losses…

Engaging employees with retirement calculators, modelers

Engaging employees with retirement calculators, modelers

From banks to insurers to the federal government, retirement calculators are a regular feature of the financial planning landscape. At their most basic, they use…

  • By: Alice Chen
  • February 15, 2019 March 6, 2021
  • 08:53

Why you should hire a drug case manager

As a job title, ‘drug case manager’ can imply different things across the health-care and benefits industries. In Canada, a drug case manager may be…

Workplace relief funds encourage staff to support colleagues

Workplace relief funds encourage staff to support colleagues

When catastrophe or tragedy strike, people turn to their savings, their insurance plans or their families for help. But at some companies, a specialized monetary…

Q&A with CAA Atlantic’s Morag Duncan

Q&A with CAA Atlantic’s Morag Duncan

The Canadian Automobile Association Atlantic Ltd.’s vice-president of human resources talks employee wellness and education, tax-free savings accounts and learning how to code. Q. What…

  • By: Ryan Murphy
  • February 15, 2019 September 13, 2019
  • 08:50
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97% of institutional investors seek non-financial disclosures from investee companies: survey

The vast majority (97 per cent) of institutional investors said they conduct an evaluation of their target companies’ non-financial disclosures, representing close to a 20…

  • By: Staff
  • February 14, 2019 January 12, 2021
  • 09:00