Latest news in Benefits Canada News

Is ghosting the new quitting?

Is ghosting the new quitting?

All seemed to be going well with Randolph Rice’s new receptionist. She asked for more responsibilities and got them and said she was happy. Then,…

U.S. institutional investors petition SEC to regulate ESG disclosure

A group of U.S. institutional investors is petitioning the Securities and Exchange Commission to impose an obligation on companies to report on certain prescribed environmental,…

  • By: Staff
  • October 5, 2018 January 13, 2021
  • 09:15
Green Shield Canada focuses on drugs, mental health in new benefits product

Green Shield Canada focuses on drugs, mental health in new benefits product

Green Shield Canada is launching a new benefits product, which will focus on drug coverage and mental-health support and eliminate coverage for massage therapy. The…

  • By: Staff
  • October 5, 2018 September 13, 2019
  • 08:59
Conference coverage: 2018 Halifax Benefits Summit

Conference coverage: 2018 Halifax Benefits Summit

On Sept. 20, the 2018 Halifax Benefits Summit featured insightful sessions on benefits, health and wellness and drug plan trends. With population numbers struggling in…

  • By: Staff
  • October 5, 2018 September 13, 2019
  • 08:00
Are Canadians changing their views on a national pharmacare program?

Are Canadians changing their views on a national pharmacare program?

The issue of a national pharmacare program is more nuanced than it may appear at first glance, said Joe Farago during a presentation at the 2018 Halifax Benefits Summit on…

The costs, benefits of pharmacy services on private drug plans

The costs, benefits of pharmacy services on private drug plans

Perceptions of pharmacists are behind the times. While plan members, and even plan sponsors, may see the role of the pharmacist as primarily counting pills,…

Advice from a 38-year journey with rheumatoid arthritis

Advice from a 38-year journey with rheumatoid arthritis

As the former senior vice-president of sales in the group customer division of the Great-West Life Assurance Co., Jeff Aarssen is very familiar with drug…

A look at four benefits plan models for covering medical marijuana

A look at four benefits plan models for covering medical marijuana

For Jonathan Zaid, the benefits of medical cannabis aren’t theoretical or clinical; they’re deeply personal. Diagnosed at age 14 with daily persistent headache, a rare…

The role of pharmacists in improving access to health care, patient outcomes

The role of pharmacists in improving access to health care, patient outcomes

Despite significant awareness and discussion around what ails Canada’s health-care system, little has changed, said Rose Dipchand at the 2018 Halifax Benefits Summit on Sept.…

Employers challenged in balancing member care, plan sustainability

Employers challenged in balancing member care, plan sustainability

Plan sponsors and administrators walk a razor’s edge, striving to ensure members have access to the services they need while also making certain the plan is…

Biosimilars have potential to offer relief for rising drug plan costs

Biosimilars have potential to offer relief for rising drug plan costs

While the impact of biologics on patients has proven successful, it’s counterbalanced by an equally significant fiscal impact, delegates heard at the 2018 Halifax Benefits…

Personalizing biologic treatment in the age of biosimilars

Personalizing biologic treatment in the age of biosimilars

Don’t confuse biosimilars with generic drugs, cautioned Dr. Ian Blumer at the 2018 Halifax Benefits Summit in September. While the terms may be used interchangeably,…

Canada Post ups wage, benefits proposals, backs down on pension changes

Canada Post ups wage, benefits proposals, backs down on pension changes

Canada Post issued wide-ranging new contract offers to its employees Wednesday in the hope of preventing a work stoppage at the Crown corporation ahead of…

Amazon to cut bonuses, stock benefits as it raises wages

Amazon to cut bonuses, stock benefits as it raises wages

Amazon made a big splash this week with its $15 an hour minimum wage announcement, but lost in the fine print: Existing warehouse workers will…

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With the USMCA established, will focus move to China?

Will institutional investors be able to breathe a sigh of relief now that North America has come away from the negotiating table with a new…

Two-thirds of Canadians would switch jobs for a group savings plan: survey

Two-thirds of Canadians would switch jobs for a group savings plan: survey

More than two-thirds (69 per cent) of Canadians would choose a new job with a group savings plan instead of staying at a current job without…

  • By: Staff
  • October 3, 2018 September 13, 2019
  • 16:00
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Caisse invests in travel app, PSP in British ports group

The Caisse de dépôt et placement du Québec is investing about $128 million in further supporting Hopper, a Montreal-based travel booking app. The app, which topped 30 million…

  • By: Staff
  • October 3, 2018 January 13, 2021
  • 15:30
CAPSA must clarify sections on fees in DC guidelines: ACPM

CAPSA must clarify sections on fees in DC guidelines: ACPM

The Association of Canadian Pension Management is weighing in on the Canadian Association of Pension Supervisory Authorities’ consultation on its defined contribution pension plan guideline.…

  • By: Staff
  • October 3, 2018 September 13, 2019
  • 15:00
CPPIB, Ontario Teachers’ partner with Mexican toll road

CPPIB, Ontario Teachers’ partner with Mexican toll road

The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are among the investors teaming up to invest in a 309-kilometre toll road in Mexico. Details…

  • By: Staff
  • October 3, 2018 September 13, 2019
  • 10:08
Indigo to pilot Great-West Life’s student debt savings program

Indigo to pilot Great-West Life’s student debt savings program

Indigo Books & Music Inc. is the first national employer to pilot the Great-West Life Assurance Co.’s student debt savings program. Employees in the program will…

  • By: Staff
  • October 3, 2018 September 13, 2019
  • 09:52
N.S. auditor general report highlights troubling state of teachers’ pension plan

N.S. auditor general report highlights troubling state of teachers’ pension plan

A report from Nova Scotia’s auditor general is once again highlighting the “troubling” state of the Nova Scotia teachers’ pension plan, which is 78.4 per cent funded…

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Franklin Templeton appoints new senior managing director of alternative strategies

Franklin Templeton Investments Corp. has appointed Shane Clifford as its new senior managing director of alternative strategies. Reporting directly to Mat Gulley, executive vice-president and head of alternatives,…

  • By: Staff
  • October 2, 2018 January 13, 2021
  • 14:45

Mercer and Morningstar to create new institutional data platform

Mercer and Morningstar Inc. are teaming up to create a digital platform for institutional investment manager data, performance analytics and qualitative research. “Investors and their advisors do not…

  • By: Staff
  • October 2, 2018 January 13, 2021
  • 14:30

Institutional investors increasingly see ESG as source of alpha: survey

A growing number of institutional investors believe integrating environmental, social and governance factors into their portfolios can help generate alpha, according to a new survey…

Medavie Blue Cross to cover medical marijuana

Medavie Blue Cross to cover medical marijuana

Medavie Blue Cross is adding medical cannabis coverage to its benefits provision. The extended health-care benefit will be optional, standalone coverage for plan sponsors, providing reimbursement…

  • By: Staff
  • October 2, 2018 September 13, 2019
  • 09:45