Latest news in Benefits Canada News

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Canadian DB pensions reach highest solvency in nearly two decades

In the third quarter of 2018, Canadian defined benefit pension plans reached their highest solvency ratio of any quarter since November 2000, according to Mercer’s latest…

  • By: Staff
  • October 1, 2018 January 13, 2021
  • 16:00
New HR software launch focuses on entire employee lifecycle

New HR software launch focuses on entire employee lifecycle

Canadian company BOSSC Inc. is launching a new version of its human resources management software, which aims to help employers manage employees from recruitment to off-boarding. The…

  • By: Staff
  • October 1, 2018 September 13, 2019
  • 15:45
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Manulife lowers STD claims with mental-health benefits boost

Manulife Financial Corp.’s short-term disability claims related to mental health have decreased since it boosted its benefits to employees last year. In January 2017, Manulife…

  • By: Ryan Murphy
  • October 1, 2018 September 10, 2024
  • 10:00

Building a diverse workforce a major challenge in the investment industry

While more than half (53 per cent) of investment managers believe the business case for developing a diverse workforce is either strong or very strong, many…

  • By: Staff
  • October 1, 2018 January 13, 2021
  • 08:45
Members of Torstar’s eight DB pension plans agree to join CAAT

Members of Torstar’s eight DB pension plans agree to join CAAT

Members of Torstar Corp.’s eight defined benefit pension plans have agreed to merge with the Colleges of Applied Arts and Technology pension plan. Starting Oct. 1, 2018,…

  • By: Staff
  • September 28, 2018 September 13, 2019
  • 13:26
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U.S. Fed, trade wars biggest current market factors for institutional investors

The challenging questions for institutional investors going into the last months of 2018 will be how much further global trade tensions will rise and the subsequent…

Pensions, retirement savings lead industry growth: CLHIA

Pensions, retirement savings lead industry growth: CLHIA

The pension and retirement savings was once again the growth leader in the life and health insurance industry in 2017, according to the Canadian Life…

  • By: Staff
  • September 28, 2018 September 13, 2019
  • 09:00
Executive compensation not as simple as higher salary, bonuses

Executive compensation not as simple as higher salary, bonuses

The idea that health, drug and retirement benefits draw in top executive talent is overly simplistic and worth delving into deeper, according to Jonathan Foster, vice-president…

Have your say: Should employers censor political talk in the workplace?

Have your say: Should employers censor political talk in the workplace?

The current political climate in the United States is so divisive that a fifth (20 per cent) of Americans want discussions about politics censored at…

  • By: Staff
  • September 27, 2018 September 13, 2019
  • 08:30
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Ontario Teachers’ signs tobacco-free investment pledge

The Ontario Teachers’ Pension Plan has signed an agreement promising to divest from the tobacco industry as part of a wider pledge supported by multiple global…

  • By: Staff
  • September 26, 2018 January 13, 2021
  • 16:15
iA Financial Group introduces online group benefits enrolment tool

iA Financial Group introduces online group benefits enrolment tool

iA Financial Group is introducing an online enrolment tool for its group benefits members. The tool, which can be accessed through a smartphone, tablet or computer,…

  • By: Staff
  • September 26, 2018 September 13, 2019
  • 15:50
Ontario to reduce WSIB premium rate for employers

Ontario to reduce WSIB premium rate for employers

Due to the elimination of the unfunded liability of Ontario’s Workplace Safety and Insurance Board’s insurance fund, premium rates for employers will be reduced by almost…

  • By: Staff
  • September 26, 2018 September 13, 2019
  • 15:30
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PSP sells London mixed-used property post redevelopment

The Public Sector Pension Investment Board, together with its investment partner Tishman Speyer Properties, is selling a mixed-use property in the west end of London.…

  • By: Staff
  • September 26, 2018 January 13, 2021
  • 14:30
OPTrust CEO calls for ‘regulatory safe space’ in tackling climate action

OPTrust CEO calls for ‘regulatory safe space’ in tackling climate action

Both institutional investors and the companies they take stakes in must innovate to take meaningful action on climate change, says Hugh O’Reilly, president and chief executive…

Rising public debt, investment illiquidity risky combination for investors

While the financial sector is more likely poised for steady, sustainable growth than it was 10 years ago, worrying trends provide hints about what may cause…

Health-care coalition sets out recommendations for national pharmacare

Health-care coalition sets out recommendations for national pharmacare

A coalition comprised of dozens of federal and provincial health-care organizations, including providers, patient groups, academics, health practitioner unions and professional associations, have teamed up…

  • By: Staff
  • September 25, 2018 September 13, 2019
  • 15:50
Half of Canadians view depression as a disability: poll

Half of Canadians view depression as a disability: poll

Among Canadians who have missed work due to disability, 30 per cent cited mental illness, according to a new survey by RBC Insurance. The survey,…

  • By: Staff
  • September 25, 2018 September 13, 2019
  • 15:45
Lobby group calling on feds to let nuclear workers rejoin public pension

Lobby group calling on feds to let nuclear workers rejoin public pension

The Canadian Alliance of Nuclear Workers is calling on the federal government to allow employees to remain members of the public service defined benefit pension plan.…

Why the gig economy may not be the workforce of the future

Why the gig economy may not be the workforce of the future

The gig economy might not be the new frontier for North America’s workforce after all. From Uber to TaskRabbit to YourMechanic, so-called gig work has…

CPPIB partners with New York-based asset manager for credit investment

The Canada Pension Plan Investment Board is partnering with a New York-based asset manager to invest in equity tranches of collateralized loan obligations. The partnership…

  • By: Staff
  • September 24, 2018 January 13, 2021
  • 10:10
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Neiman Marcus debtholder calls out CPPIB for asset transfer

One of Neiman Marcus Group Ltd.’s debtholder believes the company could be in default based on a transaction involving the Canada Pension Plan Investment Board. Marble…

Salary increases to rise slightly in 2019: survey

Salary increases to rise slightly in 2019: survey

Canadian employees can expect very slightly higher salary increases in 2019, compared to 2018, according to Aon’s 2018/19 salary planning report. The survey, based on…

  • By: Staff
  • September 24, 2018 September 13, 2019
  • 09:34
Majority of Canadians have taken time off work for medical appointments: survey

Majority of Canadians have taken time off work for medical appointments: survey

Three-quarters of Canadian employees have taken time off work for a medical appointment, according to a survey by virtual health-care company Wello. The survey, which polled 1,500 Canadian workers,…

  • By: Ryan Murphy
  • September 24, 2018 September 13, 2019
  • 09:00
Arbitrator awards rural Canada Post carriers up to 25% raise in pay equity decision

Arbitrator awards rural Canada Post carriers up to 25% raise in pay equity decision

Rural and suburban postal workers across the country celebrated Thursday after an arbitrator ordered Canada Post to pay them more — much more — as part of a…

SSQ Insurance to offer medical cannabis coverage in 2019

SSQ Insurance to offer medical cannabis coverage in 2019

SSQ Life Insurance Co. Inc. will provide plan sponsors with the option of covering medical marijuana beginning Jan. 1, 2019,  The move is in relation…

  • By: Staff
  • September 21, 2018 September 13, 2019
  • 09:00