Latest news in Benefits Canada News

OPTrust appoints new chair, vice-chair

OPTrust appoints new chair, vice-chair

The OPSEU Pension Trust’s board of trustees has appointed Tim Hannah as its new chair. Having most recently served as vice-chair, he is replacing Vicki Ringelberg, who will…

  • By: Staff
  • November 5, 2018 September 13, 2019
  • 10:04
Sun Life pilots new wellness rewards website among its workforce

Sun Life pilots new wellness rewards website among its workforce

Sun Life Financial is piloting its new wellness rewards website among its workforce before rolling it out widely to its employer clients. Since the program…

  • By: Ryan Murphy
  • November 5, 2018 September 13, 2019
  • 09:20
With a new leader, is Brazil open for business or more volatile?

With a new leader, is Brazil open for business or more volatile?

A contentious election in Brazil that’s held the attention of the global investing community came to a conclusion on Oct. 28, 2018, with far-right congressman Jair…

  • By: Staff
  • November 5, 2018 September 13, 2019
  • 09:15

Hub International acquires Proteus Performance Management

Hub International Ltd. is acquiring Proteus Performance Management Inc. Headquartered in Toronto, Proteus provides specialized pension plan governance and investment consulting to corporate plan sponsors, not-for-profit…

  • By: Staff
  • November 5, 2018 January 13, 2021
  • 09:06
Millennial employees more likely to be involved in mentoring: survey

Millennial employees more likely to be involved in mentoring: survey

Nearly half (46 per cent) of millennial workers have a mentor, compared with just 27 per cent of employees over age 35, according to a survey…

  • By: Staff
  • November 5, 2018 September 13, 2019
  • 08:45

Willis Towers Watson to acquire Canadian investment manager

Willis Towers Watson is acquiring Canadian investment manager Integra Capital Ltd. Following the acquisition, Integra will function as a wholly-owned subsidiary of Willis Towers Watson and…

  • By: Staff
  • November 2, 2018 January 12, 2021
  • 15:30
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Canadian DB pension plans see weak but positive gains in Q3

Canadian defined benefit pension plans saw a median return of 0.42 per cent in the third quarter of 2018, according to BNY Mellon Asset Servicing’s universe…

  • By: Staff
  • November 2, 2018 January 13, 2021
  • 10:16
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AIMCo, BCI, PSP close agreement to affiliate timber investments

The Alberta Investment Management Corp., the British Columbia Investment Management Corp. and the Public Sector Investment Board have closed a previously announced plan to conglomerate their long-term timber…

  • By: Staff
  • November 2, 2018 January 13, 2021
  • 10:08
Award winners discuss paths to improving employees’ well-being

Award winners discuss paths to improving employees’ well-being

These days, peace of mind is hard to come by, but the employers at the 2018 Workplace Benefits Awards roundtable centred their discussion around the…

Maximum pensionable earnings for 2019 and other CRA updates

Maximum pensionable earnings for 2019 and other CRA updates

The Canada Revenue Agency has announced that the maximum pensionable earnings under the Canada Pension Plan for 2019 will be $57,400, up from $55,900 in…

Google walkout protests mishandled sexual harassment

Google walkout protests mishandled sexual harassment

Thousands of Google employees around the world briefly walked off the job Thursday to protest what they said was the technology giant’s mishandling of sexual…

Conference Coverage: 2018 Pharmacy Solutions in Drug Plan Management Forum

Conference Coverage: 2018 Pharmacy Solutions in Drug Plan Management Forum

On Sept. 25 in Mississauga, Ont., the 2018 Pharmacy Solutions in Drug Plan Management Forum presented five sessions looking at the value that pharmacy brings…

  • By: Staff
  • November 2, 2018 September 13, 2019
  • 08:00
Leveraging pharmacy services to improve care, drive value

Leveraging pharmacy services to improve care, drive value

As pharmacists’ scope of practice continues to evolve to meet changing health-care needs, plan sponsors need to leverage these services to improve care and drive…

Pharmacist-led nutritional intervention touted in reversal of type 2 diabetes

Pharmacist-led nutritional intervention touted in reversal of type 2 diabetes

While type 2 diabetes is generally considered to be a chronic, progressive condition, a recent clinical trial showed that with pharmacist-led therapeutic nutritional intervention, reversal…

Successful management of speciality drugs requires a multi-pronged approach

Successful management of speciality drugs requires a multi-pronged approach

Many effective strategies exist when it comes to managing specialty drug costs, but a coordinated approach that takes the financial, clinical and pharmacy elements into…

Legalization of recreational cannabis won’t disrupt distinct medical pot system

Legalization of recreational cannabis won’t disrupt distinct medical pot system

Although the landscape is set to change dramatically with the legalization of marijuana for recreational use, plan sponsors and members can expect a distinct system for…

New program measures performance of Canadian pharmacies

New program measures performance of Canadian pharmacies

A new program that aims to move community pharmacies away from a transactional relationship with payors to a shared accountability for patient health outcomes is…

Ontario Teachers’ makes three internal promotions

Ontario Teachers’ makes three internal promotions

The Ontario Teachers’ Pension Plan is making three changes to its team through internal promotions. Steve Saldanha will be managing director of portfolio management and asset…

  • By: Staff
  • November 1, 2018 September 13, 2019
  • 15:15
Financial wellness programs boost employee retirement readiness: study

Financial wellness programs boost employee retirement readiness: study

Employer-provided financial wellness programs have a measurable affect on employees’ retirement readiness, according to a recent study by U.S.-based think-tank Financial Finesse Inc. When employees repeatedly engage…

  • By: Staff
  • November 1, 2018 September 13, 2019
  • 09:00
Top 10 news stories of October 2018

Top 10 news stories of October 2018

There was a lot of news to share from the pension, investment, benefits and human resources industries in October. Here are the 10 most popular…

  • By: Staff
  • November 1, 2018 September 13, 2019
  • 09:00
Federal government seeking to add more paid personal leave days

Federal government seeking to add more paid personal leave days

The Trudeau government is seeking to give federally regulated workers more paid personal leave days in a proposal that arrives as Ontario moves to cut…

OPTrust invests in Dutch green commodities specialist

The OPSEU Pension Trust, together with British private equity firm Three Hills Capital Partners, has invested more than $89 million into ACT Commodities. The Dutch…

  • By: Staff
  • October 31, 2018 January 13, 2021
  • 15:45
Mercer promotes Louis Gagnon, Jaqui Parchment

Mercer promotes Louis Gagnon, Jaqui Parchment

Mercer is promoting Louis Gagnon, its chief executive officer for Canada, to U.S. and Canada region president, with Jaqui Parchment moving into his former role. “A…

  • By: Staff
  • October 31, 2018 September 13, 2019
  • 15:30
Will the return of Ontario’s sick note add complexities for employers?

Will the return of Ontario’s sick note add complexities for employers?

As part of the Ontario government’s new bill amending the Employment Standards Act, it’s bringing back the option for employers to request a medical note from employees…

  • By: Ryan Murphy
  • October 31, 2018 September 13, 2019
  • 09:30
The Co-operators to provide optional medical cannabis coverage

The Co-operators to provide optional medical cannabis coverage

The Co-operators Life Insurance Co. is introducing optional medical cannabis coverage for its largest group plan sponsors. While the coverage can be added as an optional provision under…

  • By: Staff
  • October 31, 2018 September 13, 2019
  • 09:20