Latest news in Benefits Canada News

One pension pillar can’t achieve all objectives: report

One pension pillar can’t achieve all objectives: report

While the Canadian retirement income system is performing well overall, it still requires some assessment to determine its primary goals and how changing one part of…

Two-thirds of global employees would swap data for more customized benefits

Two-thirds of global employees would swap data for more customized benefits

Two-thirds (62 per cent) of global employees said they’d exchange their work-related data for more customized benefits, rewards and compensation, according to a new survey…

  • By: Staff
  • February 13, 2019 September 13, 2019
  • 16:15
Feds settle class action, compensating 1,700 who became ill on parental leave

Feds settle class action, compensating 1,700 who became ill on parental leave

The federal government’s about-face in settling a multi-million dollar class action in the Federal Court of Canada means more than 1,700 individuals who become ill…

  • February 13, 2019 September 13, 2019
  • 09:00
Hub International acquires assets of Toronto-based benefits firm

Hub International acquires assets of Toronto-based benefits firm

Hub International Ltd. is acquiring the assets of Toronto-based Firstbrook Pointon Benefits Inc., a full-service employee benefits consulting firm. Bob Pointon, the firm’s president and…

  • By: Staff
  • February 12, 2019 September 13, 2019
  • 16:01
Allstate Benefits introduces enhanced critical illness coverage for Canadian employers

Allstate Benefits introduces enhanced critical illness coverage for Canadian employers

Allstate Benefits is rolling out its critical illness coverage with medical care support services for Canadian employers and employees. When a plan member is diagnosed with…

  • By: Staff
  • February 12, 2019 September 13, 2019
  • 15:45
78646451_l-1

DB pensions best option for Canadian employers, economy: report

Defined benefit pension plans aren’t just better for Canadian workers, but for the country’s economy in general, according to a new study by the Canadian…

B.C. College Pension Plan appoints Bita Jenab as director

B.C. College Pension Plan appoints Bita Jenab as director

British Columbia’s College Pension Plan board of trustees selection panel has appointed Bita Jenab as its director of research and analysis for the college and public service pension…

  • By: Staff
  • February 11, 2019 September 13, 2019
  • 15:00
Flexible working has positive affect on employee well-being: survey

Flexible working has positive affect on employee well-being: survey

Flexible working arrangements have a positive effect on personal health and well-being, as well as interpersonal relationships, according to a new survey by FlexJobs Corp.…

  • By: Staff
  • February 11, 2019 September 13, 2019
  • 14:00

More gender diversity needed in alternative investments: report

Institutional investors are driving efforts to improve gender diversity within the alternative investments space, but there are still major challenges in recruiting, retaining and advancing…

Companies make room for the office power nap, recognizing need for rest

Companies make room for the office power nap, recognizing need for rest

Snoozing on the job isn’t just permitted at Bob Vaez’s software company, it’s encouraged. The Toronto boss of EventMobi describes himself as  “the only CEO…

Financial Horizons Group shakes up leadership team

Financial Horizons Group shakes up leadership team

Financial Horizons Group Inc. is changing up its broader leadership team. The firm is appointing David Stewart, who previously focused on the firm’s Atlantic Canada…

  • By: Staff
  • February 8, 2019 September 13, 2019
  • 15:15
How some employers are helping staff talk pot with their kids

How some employers are helping staff talk pot with their kids

Following the legalization of recreational cannabis in October 2018, most Canadian organizations created policies for employees on what is and isn’t allowed in the workplace. But one group…

121867451_l-1

Divesting from tobacco won’t hurt investment returns: report

If institutional investors are looking to divest completely from an industry, tobacco would be ripe to pluck out of their portfolio, according to a new report…

  • By: Staff
  • February 8, 2019 January 12, 2021
  • 09:00
Mental health and substance abuse issues on the rise: survey

Mental health and substance abuse issues on the rise: survey

More than half (60 per cent) of North American workforces said their employees are facing more mental health and substance abuse issues than they were…

  • By: Staff
  • February 7, 2019 September 13, 2019
  • 10:19
How will 2018’s employment law changes play out for employers in 2019?

How will 2018’s employment law changes play out for employers in 2019?

In 2018, several significant employment and labour law changes were rolled out across Canada, especially in Ontario, which saw a change of government in June. “These changes will…

Canadian DB pensions finish 2018 in negative territory: reports

Canadian DB pensions finish 2018 in negative territory: reports

Canadian defined benefit pension plans finished 2018 in negative territory, according to two new reports. Pension plans in RBC Investor & Treasury Services’ universe posted an…

  • By: Staff
  • February 7, 2019 September 13, 2019
  • 08:24
Gallagher appoints new president of Canadian benefits group

Gallagher appoints new president of Canadian benefits group

Arthur J. Gallagher & Co. is appointing Melanie Jeannotte as the national president of its benefits services group in Canada. Prior to the new role,…

  • By: Staff
  • February 6, 2019 September 13, 2019
  • 15:10
32477501-123RF

Caisse helps fund acquisition by Cirque de Soleil

The Caisse de dépôt et placement du Québec, together with the the Fonds de solidarité FTQ, is providing the Cirque du Soleil Entertainment Group with a US$120 million…

  • By: Staff
  • February 6, 2019 January 12, 2021
  • 15:05
155196419

ACPM supports strengthened going-concern pension funding rules in B.C.

Based on the five options put forward in British Columbia’s consultation on reforming pension solvency rules, the option to replace the current requirements with enhanced…

  • By: Staff
  • February 6, 2019 January 12, 2021
  • 09:30
48242964_l-1

Sounding Board: Investment risk considerations for CAP sponsors

No risk, no reward. Like many things in life, investing inertia and fear are common, but they come with a cost. In the investment world,…

  • February 6, 2019 January 12, 2021
  • 09:20
114337201_l

Where to focus investment engagement in 2019

The name of the game is engagement, according to a new report by NEI Investments. In 2018, engagement with investee companies on environmental, social and governance…

  • By: Staff
  • February 6, 2019 January 12, 2021
  • 09:00
CN, United Steelworkers’ agreement includes improved dental, health benefits

CN, United Steelworkers’ agreement includes improved dental, health benefits

The tentative agreement reached by the Canadian National Railway Co. and the United Steelworkers union has been approved by a national ratification vote. In addition…

  • By: Staff
  • February 5, 2019 September 13, 2019
  • 19:00
33056835-123RF

Canadian real estate boosted institutional portfolios in 2018

In 2018, investment in Canadian real estate turned out to be a broadly lucrative venture for the country’s institutional investors, especially when compared with how…

Beware unintended consequences of OHIP+ rollback: CLHIA

Beware unintended consequences of OHIP+ rollback: CLHIA

While the Canadian Life and Health Insurance Association is in agreement with the general intent of the Ontario government’s proposed changes to the OHIP+ program,…

  • By: Staff
  • February 5, 2019 September 13, 2019
  • 08:20
‘Worst calendar year performance’ for U.S. institutional plans since 2008: report

‘Worst calendar year performance’ for U.S. institutional plans since 2008: report

Institutional plan sponsors lost a median of 3.8 per cent in 2018, as losses in the fourth quarter of the year dragged down returns, according…

  • By: Staff
  • February 4, 2019 September 13, 2019
  • 15:15