Latest news in Benefits Canada News

Ivanhoé Cambridge buys California land for industrial use

Ivanhoé Cambridge buys California land for industrial use

The Caisse de dépôt et placement du Québec’s real estate arm is acquiring two parcels of land in Ontario, California. Ivanhoé Cambridge intends to develop…

  • By: Staff
  • August 21, 2018 September 13, 2019
  • 17:21
OMERS takes stake in Texas pipeline, PSP completes student housing partnership deal

OMERS takes stake in Texas pipeline, PSP completes student housing partnership deal

The Ontario Municipal Employees Retirement System’s infrastructure arm is taking on a 50 per cent stake in the BridgeTex Pipeline Co. for $1.438 billion. With the purchase, OMERS…

  • By: Staff
  • August 21, 2018 September 13, 2019
  • 10:35
Canadian employers upping benefits offerings to fill job vacancies: survey

Canadian employers upping benefits offerings to fill job vacancies: survey

Canadian employers are offering additional benefits, flexible working opportunities and broadening their view of talent pools to fill job openings, according to a new survey…

  • By: Staff
  • August 20, 2018 September 13, 2019
  • 15:30
New appointments at SEI Investments Canada, Sun Life Investment Management

New appointments at SEI Investments Canada, Sun Life Investment Management

SEI Investments Canada Co. has appointed Lucy Paglione as senior client portfolio manager. In the new role, Paglione will be responsible for managing relationships with the firm’s Canadian…

  • By: Staff
  • August 20, 2018 September 13, 2019
  • 15:15
Franklin Templeton expands lineup of target-date funds

Franklin Templeton expands lineup of target-date funds

Franklin Templeton Investments Corp. is adding a suite of target-date funds to its offerings in Canada. Franklin LifeSmart is expanding to four new funds, covering new increments 2025,…

  • By: Staff
  • August 20, 2018 September 13, 2019
  • 10:00
Knowledge of private coverage affects doctors’ prescribing behaviour: survey

Knowledge of private coverage affects doctors’ prescribing behaviour: survey

The vast majority (87 per cent) of physicians said the knowledge that a patient has private drug coverage affects their prescribing behaviour, according to a survey by…

  • By: Staff
  • August 20, 2018 September 13, 2019
  • 09:15
Air Canada looks to enter annuity market to hedge against pension payouts

Air Canada looks to enter annuity market to hedge against pension payouts

Air Canada is seeking finance ministry approval to form its own life insurance company as a gateway to the annuities market and a hedge against…

PIAC reasserts unclaimed balance regime as solution to missing pension members

PIAC reasserts unclaimed balance regime as solution to missing pension members

The Pension Investment Association of Canada has submitted its comments on the federal government’s unclaimed pension balances framework, noting the solution to the problem is the…

  • By: Staff
  • August 17, 2018 September 13, 2019
  • 16:00
Private credit demystified: It’s not just about corporate lending

Private credit demystified: It’s not just about corporate lending

Private credit is a bit of a buzzword these days, according to Christian Stracke, managing director and global head of credit research at PIMCO. Despite…

New agreement for N.S. health-care workers includes retention incentive, retirement allowance

New agreement for N.S. health-care workers includes retention incentive, retirement allowance

A new collective agreement for 6,500 health-care employees in Nova Scotia includes a new employee retention incentive and the option to take a payout from…

One-third of Canadian employers feel prepared for legal pot: survey

One-third of Canadian employers feel prepared for legal pot: survey

One-third of Canadian employers feel prepared for the impending legalization of cannabis, according to a new survey by Mercer Canada. The survey, which polled 366 Canadian…

  • By: Staff
  • August 16, 2018 September 13, 2019
  • 10:23
Private drug plan claims, cost per claimant on the rise, finds new research

Private drug plan claims, cost per claimant on the rise, finds new research

Between 2012 and 2016, Canada’s total private drug claims market increased by a 4.7 per cent compound annual growth rate, according to new research by Innovative Medicines…

BMO launches blockchain-based pilot for fixed income deal with Ontario Teachers’

BMO launches blockchain-based pilot for fixed income deal with Ontario Teachers’

BMO Capital Markets, alongside the Ontario Teachers’ Pension Plan, has launched a pilot fixed income issuance transaction, mirrored on a blockchain platform. In the transaction,…

  • By: Staff
  • August 15, 2018 September 13, 2019
  • 15:15
Majority of Canadians would take advantage of virtual doctor visits: survey

Majority of Canadians would take advantage of virtual doctor visits: survey

More than two-thirds (69 per cent) of Canadians would use virtual visits for at least a few of their appointments with physicians, according to a…

  • By: Staff
  • August 14, 2018 September 13, 2019
  • 15:30
PSP Investments completes acquisition of Quebec wind farm

PSP Investments completes acquisition of Quebec wind farm

The Public Sector Pension Investment Board, alongside Pattern Energy Group Inc., is completing the acquisition of a wind power facility about 50 kilometres south of Quebec…

  • By: Staff
  • August 14, 2018 September 13, 2019
  • 15:15
Improving employee mental health among top HR priorities for 2019

Improving employee mental health among top HR priorities for 2019

Improving the mental health of employees ranks ahead of physical health and wellness as a top priority for human resources leaders for 2019, according to a…

  • By: Staff
  • August 14, 2018 September 13, 2019
  • 10:09
Mercer to acquire Pavilion’s investment consulting business

Mercer to acquire Pavilion’s investment consulting business

Mercer is acquiring the investment consulting, alternatives consulting and wealth management operations of Pavilion Financial Corp. Pavilion, a global investment services firm with about 300…

  • By: Staff
  • August 14, 2018 September 13, 2019
  • 09:38
Buck Consultants relaunched as Conduent completes sale of consulting business

Buck Consultants relaunched as Conduent completes sale of consulting business

Conduent Inc. has completed the sale of its human resources consulting business to a fund managed by private equity investment firm H.I.G. Capital. The business,…

  • By: Staff
  • August 13, 2018 September 13, 2019
  • 16:00
61% of older U.S. workers have faced age discrimination: survey

61% of older U.S. workers have faced age discrimination: survey

Nearly two-thirds (61 per cent) of older workers in the United States said they’ve experienced age discrimination in the workplace, according to a survey by the…

  • By: Staff
  • August 13, 2018 September 13, 2019
  • 15:30
Caisse names new executive VP of digital technology and operations

Caisse names new executive VP of digital technology and operations

The Caisse de dépôt et placement du Québec has appointed Alexandre Synnett as its new executive vice-president of digital technology and operations. With eight years of experience…

  • By: Staff
  • August 13, 2018 September 13, 2019
  • 15:00
RBC GAM appoints head of real estate equity investments

RBC GAM appoints head of real estate equity investments

RBC Global Asset Management Inc. has appointed Michael Kitt as head of real estate equity investments at RBC Global Asset Management. Kitt will be leading efforts in…

  • By: Staff
  • August 13, 2018 September 13, 2019
  • 10:15
How HSBC Bank Canada supports employee volunteering, charity work

How HSBC Bank Canada supports employee volunteering, charity work

When HSBC Bank Canada donated $500,000 to four children’s hospitals across the country last month, it was up to employees to decide on the recipients…

  • By: Ryan Murphy
  • August 13, 2018 September 13, 2019
  • 09:00
Rise People partners with Cowan Insurance Group for new integrated product

Rise People partners with Cowan Insurance Group for new integrated product

Digital human resources company Rise People Inc. is partnering with Cowan Insurance Group to launch an integrated product that includes human resources, payroll and insurance…

  • By: Staff
  • August 10, 2018 September 13, 2019
  • 15:30
AIMCo, BCI and PSP to affiliate long-term timber investments

AIMCo, BCI and PSP to affiliate long-term timber investments

Three large Canadian pension funds are conglomerating their long-term investments in timber. The Alberta Investment Management Corp., the British Columbia Investment Management Corp. and the…

  • By: Staff
  • August 10, 2018 September 13, 2019
  • 15:15
Aurora Cannabis appoints new chief HR officer

Aurora Cannabis appoints new chief HR officer

Aurora Cannabis Inc. has promoted Debra Wilson to chief human resources officer, effective immediately. Since joining the company in June 2017, Wilson was previously Aurora…

  • By: Staff
  • August 10, 2018 September 13, 2019
  • 15:00