Latest news in Benefits Canada News

Hub International acquires Vancouver-based TRG

Hub International acquires Vancouver-based TRG

Hub International Ltd. is acquiring TRG Group Benefits and Pensions Inc., an employee benefits consultancy based in Vancouver. Rob Taylor, managing director of TRG, will be…

  • By: Staff
  • January 8, 2019 September 13, 2019
  • 10:19
Shoppers Drug Mart launches medical cannabis e-commerce portal

Shoppers Drug Mart launches medical cannabis e-commerce portal

Shoppers Drug Mart’s e-commerce platform for medical cannabis launched Tuesday, a month after Health Canada licensed the company to sell the product online. Product information…

Women more worried about financial security in retirement than men: survey

Women more worried about financial security in retirement than men: survey

Half of working-age Canadian women are worried they won’t have enough money to cover care and medical expenses once they retire, according to a new…

  • By: Staff
  • January 8, 2019 September 13, 2019
  • 09:00
63% factor wellness offerings into job decision: survey

63% factor wellness offerings into job decision: survey

While 63 per cent of employees consider health and wellness benefits when choosing a job, 29 per cent of employers still don’t offer these benefits, according…

  • By: Staff
  • January 7, 2019 September 13, 2019
  • 10:27
Should employers support non-terminated workers during layoffs?

Should employers support non-terminated workers during layoffs?

While Canada’s unemployment rate is just six per cent, according to Statistics Canada, it doesn’t mean workforces are immune to layoffs. Employment in certain industries, such…

  • By: Jann Lee
  • January 7, 2019 September 13, 2019
  • 10:00

Ontario Teachers’ invests in Alphabet-owned life sciences business

The Ontario Teachers’ Pension Plan is taking part in a US$1 billion investment round, led by global technology investor Silver Lake, into Verily, a business…

  • By: Staff
  • January 7, 2019 January 12, 2021
  • 09:28
Just 6% of Canadians cite retirement saving as top financial priority in 2019: survey

Just 6% of Canadians cite retirement saving as top financial priority in 2019: survey

Just six per cent of Canadians cited saving for retirement as a financial priority in 2019, according to a new survey by CIBC. Paying down…

  • By: Staff
  • January 4, 2019 January 12, 2021
  • 10:38

Canadian pensions end 2018 with solvency decline

The solvency positions of Canadian defined benefit pension plans declined in the fourth quarter of 2018 after experiencing gains in the first nine months of…

  • By: Staff
  • January 4, 2019 January 12, 2021
  • 09:08
Veterans Affairs accused of skipping consultations on Pensions for Life

Veterans Affairs accused of skipping consultations on Pensions for Life

Veterans Affairs is being accused of avoiding consultations with veterans after introducing details of its Pensions for Life program. The new pension plan, taking effect April…

Canadian female execs earn 68% of male colleagues’ salaries: report

Canadian female execs earn 68% of male colleagues’ salaries: report

Despite efforts to diversify corporate boards and include more women, female executives are still a rarity and earn much less than their male counterparts, according to…

  • By: Staff
  • January 3, 2019 September 13, 2019
  • 10:39
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Rough Q4 for stocks hits U.S. pension funding status: study

The largest corporate pension plans in the United States experienced a slight drop in their funded status at the end of 2018 due to the…

  • By: Staff
  • January 3, 2019 January 12, 2021
  • 10:24
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PSP takes stake in elevator company, Caisse in Latin American financial institution

The Public Sector Pension Investment Board is buying 32 per cent of Wittur International Holding, an elevator components manufacturer. Purchasing the stake from funds controlled by Bain Capital…

  • By: Staff
  • January 2, 2019 January 12, 2021
  • 09:56
CPPIB ready to invest additional CPP contributions

CPPIB ready to invest additional CPP contributions

As new, enhanced Canadian Pension Plan contributions come into effect this year, the Canada Pension Plan Investment Board will receive and invest the increased funds. “Over the past year,…

  • By: Staff
  • January 2, 2019 September 13, 2019
  • 09:56
Erratic pupil behaviour can indicate mental stress: study

Erratic pupil behaviour can indicate mental stress: study

There’s a saying that eyes are the windows to the soul, but researchers at the University of Missouri have found they’re also great indicators of a person’s…

  • By: Jann Lee
  • January 2, 2019 September 13, 2019
  • 09:00
Don’t miss these important pension and benefits dates for 2019

Don’t miss these important pension and benefits dates for 2019

As 2018 draws to a close, professionals in the pension, investment, benefits and human resources industries have a number of dates to add to their calendars for the year…

  • By: Staff
  • December 31, 2018 January 12, 2021
  • 09:00
Top 10 health and benefits stories of 2018

Top 10 health and benefits stories of 2018

Trends, benefits fraud and drug coverage led the top health and benefits stories in 2018.  Benefits Canada rounds up the industry’s favourite health and benefits stories of the year:…

  • By: Staff
  • December 27, 2018 September 13, 2019
  • 09:00
Top 10 pension and retirement stories of 2018

Top 10 pension and retirement stories of 2018

Readers were focused on the Canada Pension Plan and old-age security in 2018, with the top three most read stories tackling those topics. Benefits Canada rounds…

  • By: Staff
  • December 24, 2018 September 13, 2019
  • 09:00
Does Santa Claus get employee benefits?

Does Santa Claus get employee benefits?

He listens to Christmas wishes, answers questions about the North Pole, Mrs. Claus and his elves and patiently takes pictures with cranky children and wailing…

  • By: Jann Lee
  • December 24, 2018 September 13, 2019
  • 09:00
GM Canada pension plan reaches fully funded status

GM Canada pension plan reaches fully funded status

One of General Motors of Canada Co.’s defined benefit pension plans is fully funded on a going-concern basis. The pension plan for hourly workers posted about $9.3 billion in…

  • By: Staff
  • December 21, 2018 September 13, 2019
  • 09:30

As Brexit draws closer, what’s noise and what’s not for institutional investors?

The drama in recent weeks surrounding the outcome of Brexit has proved Shakespearian, but on this side of the pond, should institutional investors be bracing themselves? “We’ve…

Most Canadians believe employers have role in helping staff manage migraines: study

Most Canadians believe employers have role in helping staff manage migraines: study

Lost productivity due to migraine costs Canadian employers on average $245 million over a three-months period, only behind back problems and mood disorders, according to a…

  • By: Staff
  • December 21, 2018 September 13, 2019
  • 09:15
Many Canadians working extra hours to offset vacation time: survey

Many Canadians working extra hours to offset vacation time: survey

Canadians are spending more time in the office to make up for the time they take off, according to a survey by ADP Canada Co. The…

  • By: Staff
  • December 21, 2018 September 13, 2019
  • 09:05
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PSP Investments takes on Hawaiian farmland

Through a joint venture with California-based agricultural firm Pomona Farming, the Public Sector Pension Investment Board is buying about 165 square kilometres of land to…

  • By: Staff
  • December 21, 2018 January 12, 2021
  • 09:03
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CPPIB strives for gender equality with new voting policy

The Canada Pension Plan Investment Board is adopting a new global policy to improve gender equality and increase the representation of women on corporate boards. Under…

  • By: Staff
  • December 21, 2018 January 12, 2021
  • 09:01
Editorial

Editorial: Deck the halls with mental-health support

For many people, the holidays are a time filled with family and friends, comforting food, dazzling decorations and all the fixings that instil a spirit…