Latest news in Benefits Canada News

Canadian responsible investments surpass $2 trillion AUM: report

Canadian responsible investments surpass $2 trillion AUM: report

Canadian investment managers had $2.1 trillion in assets using responsible investment strategies as of Dec. 31, 2017, a major jump from $1.5 trillion at the end…

  • By: Staff
  • October 24, 2018 January 13, 2021
  • 09:00
Ontario government unveils new labour standards bill

Ontario government unveils new labour standards bill

The Ontario government introduced a new act on Tuesday that, if passed, would repeal or change much of the employment laws established by the previous government in…

  • By: Staff
  • October 23, 2018 September 13, 2019
  • 17:00
CGI Group connects staff well-being, charity with annual walking event

CGI Group connects staff well-being, charity with annual walking event

CGI Group Inc. hosted its 11th annual global walking event at the end of September, connecting its commitment to employee health and well-being with charitable…

  • By: Ryan Murphy
  • October 23, 2018 September 13, 2019
  • 16:00
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Ontario Teachers’ makes three senior investment appointments

Three new senior appointments at the Ontario Teachers’ Pension Plan include new roles for Gillian Brown, Danilo Simonelli and Saurabh Rastogi. Brown will lead the pension fund’s capital markets group…

  • By: Staff
  • October 23, 2018 January 13, 2021
  • 15:00
Samuel, Son & Co. rides benefits communication harmony to award win

Samuel, Son & Co. rides benefits communication harmony to award win

Focusing on finding the right harmony in communicating a new benefits plan was key in Samuel, Son & Co.’s win for best benefits plan communications at Benefits Canada’s 2018…

  • By: Ryan Murphy
  • October 23, 2018 September 13, 2019
  • 09:00

How are trade jitters, geopolitical risk affecting equities?

For nearly a decade, analysts have been considering where the next market downturn will come from and when it will strike. But with the Dow Jones Industrial Average’s…

  • By: Staff
  • October 23, 2018 January 13, 2021
  • 08:30
Global pension systems struggling to balance adequacy, sustainability: report

Global pension systems struggling to balance adequacy, sustainability: report

Tension between pension adequacy and sustainability is growing across the world, according to the annual Melbourne Mercer Global Pension Index. The Netherlands and Denmark have…

  • By: Staff
  • October 22, 2018 September 13, 2019
  • 16:10
BAT Group rolls out new parental benefits for 55,000 global staff

BAT Group rolls out new parental benefits for 55,000 global staff

The British American Tobacco Group is rolling out a range of new parental benefits for its 55,000 global employees. The aim of the new benefits, which…

  • By: Staff
  • October 22, 2018 September 13, 2019
  • 16:00
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CPPIB invests in Brazilian hydro company in joint venture

The Canada Pension Plan Investment Board is acquiring a controlling stake in Companhia Energética de São Paulo, a Brazilian hydro-generation company, through a joint venture with Votorantim Energia. The 80.2…

  • By: Staff
  • October 22, 2018 January 13, 2021
  • 10:10
Variety the spice of life for Niagara Casino’s winning wellness program

Variety the spice of life for Niagara Casino’s winning wellness program

Taking a varied and thorough approach to employee health helped Niagara Casinos take home the award for best health and wellness program for an employer with…

  • By: Ryan Murphy
  • October 22, 2018 September 13, 2019
  • 09:40
Using data analytics, AI technology to curb benefits fraud

Using data analytics, AI technology to curb benefits fraud

The numbers in the Toronto Transit Commission’s benefits fraud investigation are staggering — 725 total cases, 220 dismissals, 120 arbitrations, 10 employees charged and more…

Feds must act to protect Sears’ Canadian pensioners: CARP

Feds must act to protect Sears’ Canadian pensioners: CARP

The Canadian Association of Retired Persons is calling out the federal government, saying it’s unfair the pensions of Sears Holding Corp.’s American employees will be protected…

  • By: Staff
  • October 22, 2018 September 13, 2019
  • 09:15
Sun Life forms partnership with digital HR platform Rise People

Sun Life forms partnership with digital HR platform Rise People

Sun Life Financial Canada is forming a strategic relationship with Rise People Inc. The partnership includes a $15-million equity investment in the digital human resources company with…

  • By: Staff
  • October 19, 2018 September 13, 2019
  • 10:34
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NAV Canada pension sees investment opportunities, risks in ESG

Factoring environmental, social and governance considerations into investment decisions is good risk management, according to one pension plan sponsor. “Definitely for real assets, we see it…

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Institutional investors own large chunk of Canada’s fossil fuel sector: report

Canadian institutional investors with stakes in fossil fuel companies can be held as much accountable for continued and escalating carbon emissions as the producer organizations, according to a report…

  • By: Staff
  • October 19, 2018 January 13, 2021
  • 09:30
Rio Tinto rolls out measures to support staff experiencing domestic abuse

Rio Tinto rolls out measures to support staff experiencing domestic abuse

Rio Tinto Group is introducing measures to protect and support North American employees who are experiencing domestic and family abuse. Employees in Canada and the…

  • By: Staff
  • October 19, 2018 September 13, 2019
  • 09:15
Great-West Life appoints new president, COO for Canada

Great-West Life appoints new president, COO for Canada

Great-West Life Inc. has appointed Jeff Macoun as president and chief operating officer for Canada. Macoun is filling the role following the announcement that Stefan…

  • By: Staff
  • October 19, 2018 September 13, 2019
  • 09:04
Kim Tabac joins League as chief people officer

Kim Tabac joins League as chief people officer

Digital health benefits platform League Inc. has appointed Kim Tabac as its chief people officer. In the short term, Tabac will focus on scaling the…

  • By: Staff
  • October 19, 2018 September 13, 2019
  • 09:03
Conference coverage: 2018 Defined Contribution Investment Forum

Conference coverage: 2018 Defined Contribution Investment Forum

In Toronto on Sept. 20, the 2018 Defined Contribution Investment Forum offered attendees insights into the most important issues facing DC plans, from new perspectives…

  • By: Staff
  • October 19, 2018 January 13, 2021
  • 08:00
Why people are hard-wired to make bad financial decisions

Why people are hard-wired to make bad financial decisions

The average Canadian isn’t rational about money, according to a personal finance expert speaking at the 2018 Defined Contribution Investment Forum in Toronto in September.…

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Boosting the glide path to optimize target-date funds

The traditional move away from equities to fixed income over a target-date fund’s glide path is too simplistic to produce optimal outcomes for members, according…

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When does active investment trump passive?

The basic advantages of passive investing are clear: it typically leads to lower fees, it reduces the chance of serious underperformance and investments are normally…

Current view of distinct accumulation, decumulation phases too narrow

Current view of distinct accumulation, decumulation phases too narrow

From a research perspective, very little is actually known about the post-retirement phase for defined contribution plan members, according to one expert. A lot of…

The benefits of using accumulation tools during the decumulation phase

The benefits of using accumulation tools during the decumulation phase

Even though many plan sponsors are moving away from defined benefit plans, many organizations still have a paternalistic culture and want to help guide their…

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Constructing the glide path to tackle any market environment

Ensuring a glide path’s asset allocation is correct is really important since it’s going to be managing the bulk of positions for so many defined contribution plan…