Latest news in Benefits Canada News

28% of U.S. employers made changes to health benefits in 2018: survey

28% of U.S. employers made changes to health benefits in 2018: survey

About a quarter (28 per cent) of American employers made changes to their employee health-care benefits in 2018, according to a new survey by the…

  • By: Staff
  • November 16, 2018 September 13, 2019
  • 15:15
Ontario to move forward with variable benefits from DC pensions

Ontario to move forward with variable benefits from DC pensions

The Ontario government is moving forward with legislation around variable benefits from defined contribution plans, facilitating mergers into jointly sponsored pension plans and enabling the…

Ontario to raise payroll exemption on employer health tax

Ontario to raise payroll exemption on employer health tax

Ontario’s smallest companies will be saving on their employer health tax come Jan. 1, 2019. The province’s 2018 economic outlook and fiscal review, presented by Finance…

  • By: Ryan Murphy
  • November 16, 2018 September 13, 2019
  • 09:20
Doctors’ group calls out Ontario move to require doctor’s note for minor illnesses

Doctors’ group calls out Ontario move to require doctor’s note for minor illnesses

A national doctors’ group is raising concerns about the Ontario government’s move to allow employers to require workers to provide a doctor’s note to explain…

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Canadian investors weigh in on market volatility, the active-passive debate

Even 10 years after the financial crisis, many Canadian investors still don’t feel secure, according to a new survey by Natixis Investment Managers. More than half (59…

  • By: Yaelle Gang
  • November 16, 2018 January 13, 2021
  • 09:00
Why are institutional investors embracing private credit?

Why are institutional investors embracing private credit?

Seventy per cent of all capital committed to private credit is from institutional investors, according to a recent report by the Alternative Credit Council and Dechert LLP.…

  • By: Yaelle Gang
  • November 15, 2018 January 13, 2021
  • 15:00
Cossette taking proactive approach to wellness offerings

Cossette taking proactive approach to wellness offerings

Cossette Inc. introduced webinars and information sessions around mental health and wellness in October. The offerings, which were provided through the communications company’s employee assistance…

  • By: Ryan Murphy
  • November 15, 2018 September 13, 2019
  • 09:00

Canadian pensions have healthy liquidity despite alternative investments: report

Increasing exposure to less liquid, alternative assets like infrastructure, real estate and private equity hasn’t created difficulty for Canadian pensions in repaying creditors, according to a…

  • By: Staff
  • November 15, 2018 January 13, 2021
  • 08:45
Green Shield Canada launches pharmacy rating tool

Green Shield Canada launches pharmacy rating tool

Green Shield Canada is launching a rating tool that allows plan members to search ratings when looking for a pharmacy. Through the insurer’s app, members can access the rating…

  • By: Staff
  • November 14, 2018 September 13, 2019
  • 16:30
FSCO releases guideline for administrative penalties under pension act

FSCO releases guideline for administrative penalties under pension act

The Financial Services Commission of Ontario has released its guideline for administrative penalties related to violations of the province’s Pension Benefits Act. The change was…

  • By: Staff
  • November 14, 2018 September 13, 2019
  • 15:45
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Pension funds comprise more than half of world’s largest asset holders: report

The Canada Pension Plan Investment Board is one of the top 20 asset owners in the world, at US$283.45 billion, making it one of the…

  • By: Staff
  • November 14, 2018 January 13, 2021
  • 15:30
Strike looms at Globe and Mail over pensions, benefits, gender pay gap

Strike looms at Globe and Mail over pensions, benefits, gender pay gap

Unionized employees at the Globe and Mail could be on strike by midnight Wednesday over disputes with the newspaper around pensions, benefits and a gender wage…

  • By: Staff
  • November 14, 2018 September 13, 2019
  • 09:15

Technology, remote working creating workplace loneliness: study

Global employees spend almost 50 per cent of each day on digital communication, with more than half feeling lonely as a result, according to a…

  • By: Staff
  • November 14, 2018 March 12, 2021
  • 09:00
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Half of U.S. institutional investors don’t invest sustainably: survey

While 50 per cent of U.S.-based institutional investors currently don’t invest sustainably, 52 per cent said they plan to either maintain or increase their allocations to sustainable…

  • By: Staff
  • November 13, 2018 January 13, 2021
  • 16:15
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Caisse to acquire equity stake in Johnson Controls’ power solutions business

The Caisse de dépôt et placement du Québec and Brookfield Business Partners is acquiring 100 per cent of Johnson Controls’ power solutions business for about $17.5…

  • By: Staff
  • November 13, 2018 January 13, 2021
  • 15:15
Accompass appoints consultant in benefits, health practice

Accompass appoints consultant in benefits, health practice

Accompass Inc. has appointed David McDonald as a consultant in its benefits and health practice. With five years in the industry, McDonald was previously a senior analyst in health and…

  • By: Staff
  • November 13, 2018 September 13, 2019
  • 15:00
Sounding Board: Dental networks not the answer to reducing dental fees

Sounding Board: Dental networks not the answer to reducing dental fees

The Canadian Dental Association read with interest your Oct. 12, 2018, article titled, A look at the drivers for curbing rising dental costs. The CDA…

A look at using pharmacogenetic testing in determining depression treatment

A look at using pharmacogenetic testing in determining depression treatment

One young man is on the road to recovering from depression following timely pharmacogentic testing through his employer. Allison Hazell, director of genetics at Medcan,…

  • By: Ryan Murphy
  • November 12, 2018 September 13, 2019
  • 16:11
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AIMCo takes stake in Spanish renewable power producer

The Alberta Investment Management Corp. is taking a majority stake in Eolia Renovables de Inversiones, a Spanish renewable energy producer, from Oaktree Capital Management and other shareholders.…

  • By: Staff
  • November 12, 2018 January 13, 2021
  • 15:15
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Plan to create a national securities regulator is constitutional: Supreme Court

The Constitution allows Ottawa and the provinces to set up a national securities regulator, the Supreme Court says in a ruling that could help advance…

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Canada-model pensions are most efficient system: report

Using a Canada-model pension plan, employees would see $5.32 in retirement income for every dollar they contribute compared to the typical $1.70 resulting from an individual approach,…

Second-opinion partnership for mental health boosts positive results

Second-opinion partnership for mental health boosts positive results

A partnership focused on second opinions for mental-health issues is yielding positive results. The Co-operators Group Ltd. and WorldCare International Inc. formed the partnership to research medical second…

  • By: Staff
  • November 12, 2018 September 13, 2019
  • 09:15

CPPIB sees flat return for second fiscal quarter due to foreign currency declines

The Canada Pension Plan Investment Board saw a net return of 0.6 per cent for the second fiscal quarter of 2019. With a total net…

  • By: Staff
  • November 9, 2018 January 13, 2021
  • 15:40
Virtual health-care platform Dialogue acquires medical technology company

Virtual health-care platform Dialogue acquires medical technology company

Virtual health-care platform Dialogue is acquiring DXA Inc., a triage, medical charting and diagnosis technology company. DXA’s artificial intelligence-powered platform, which replicates how an emergency…

  • By: Staff
  • November 9, 2018 September 13, 2019
  • 15:30

Should institutional investors buy Japan’s stocks while they’re cheap?

While equity markets in North America experienced a difficult October, Japan’s equity markets may prove an attractive alternative given their relatively dampened valuations and companies’ historically…