Latest news in Benefits Canada News

CPP enhancements to increase total benefits by 44% by 2070: study

CPP enhancements to increase total benefits by 44% by 2070: study

The upcoming enhancements to the Canada Pension Plan will increase Canadians’ total CPP benefits by about 44 per cent by 2070, according to a new report by…

  • By: Staff
  • June 21, 2018 September 13, 2019
  • 08:30
Feds announce members of national pharmacare advisory council

Feds announce members of national pharmacare advisory council

The federal government has announced the appointment of the remaining members of its advisory council on the implementation of national pharmacare. Besides former Ontario health…

  • By: Staff
  • June 20, 2018 September 13, 2019
  • 16:00
What does U.S.-North Korea summit mean for Asia’s investment environment?

What does U.S.-North Korea summit mean for Asia’s investment environment?

The recent summit in Singapore between U.S. President Donald Trump and North Korean ruler Kim Jong Un has raised mixed reactions from the investment world. “No…

CPP: A good bang for the buck?

CPP: A good bang for the buck?

The Canada Pension Plan (CPP) was designed in 1965 to replace 25 per cent of a person’s pensionable earnings in retirement, a figure that still…

IMCO appoints Jean Michel as chief investment officer

IMCO appoints Jean Michel as chief investment officer

The Investment Management Corp. of Ontario has appointed Jean Michel as its chief investment officer, effective July 3, 2018. In the role, Michel will head…

  • By: Staff
  • June 20, 2018 September 13, 2019
  • 10:54
CPPIB takes stake in Brazilian logistics partnership, PSP invests in global chemicals company

CPPIB takes stake in Brazilian logistics partnership, PSP invests in global chemicals company

The Canada Pension Plan Investment Board is allocating $175 million to aquire a 20 per cent stake in a partnership intending to invest in logistics…

  • By: Staff
  • June 20, 2018 September 13, 2019
  • 10:49
Working longer could add $4.6 trillion to OECD economies: PwC

Working longer could add $4.6 trillion to OECD economies: PwC

Extending people’s working lives could provide a windfall of more than $4.6 trillion across Organisation for Economic Co-operation member countries, according to new report by PricewaterhouseCoopers.…

  • By: Staff
  • June 20, 2018 September 13, 2019
  • 10:21
Sun Life appoints new chief human resources officer

Sun Life appoints new chief human resources officer

Sun Life Financial Inc. has appointed Helena Pagano as executive vice-president and chief human resources and communications officer. Pagano joined Sun Life in 2017 as senior…

  • By: Staff
  • June 20, 2018 September 13, 2019
  • 10:11
Global investors increasing allocations to infrastructure, real estate: survey

Global investors increasing allocations to infrastructure, real estate: survey

Globally, more than 70 per cent of public institutional investors have increased their allocations to real assets over the past three years, according to a new survey…

  • By: Staff
  • June 19, 2018 September 13, 2019
  • 16:00
Canadian employers concerned about implications of cannabis legalization

Canadian employers concerned about implications of cannabis legalization

More than half (52 per cent) of Canadian employers said they’re concerned or very concerned about the implications of legalized marijuana on the workplace, according to a report by…

  • By: Staff
  • June 19, 2018 September 13, 2019
  • 15:30
National pharmacare the wrong solution: think-tank

National pharmacare the wrong solution: think-tank

Advocates for national pharmacare have misdiagnosed the nature of gaps in prescription drug plan coverage in Canada and have proposed the wrong solution, according to a new…

  • By: Staff
  • June 19, 2018 September 13, 2019
  • 10:12
Russell Investments adds new global head of product

Russell Investments adds new global head of product

Russell Investments has appointed Robert Hostetter as its new global head of product. In the role, Hostetter will focus on enhancing the firm’s capabilities throughout asset…

  • By: Staff
  • June 18, 2018 September 13, 2019
  • 16:30
Conference coverage: Calgary Benefits Summit

Conference coverage: Calgary Benefits Summit

From pharmacare to analytics, plan sponsors heard about the big issues on the horizon for their benefits plans at Benefits Canada‘s Calgary Benefits Summit. Presenters…

  • By: Staff
  • June 18, 2018 September 13, 2019
  • 12:00
Assessing pharmacare’s impact on private drug plans

Assessing pharmacare’s impact on private drug plans

With a national pharmacare program potentially on the horizon, many plan sponsors will be wondering about the impact on their benefits plans. At Benefits Canada‘s…

  • By: Glenn Kauth
  • June 18, 2018 September 13, 2019
  • 11:59
Taking big data to next level key to boosting employee health promotion

Taking big data to next level key to boosting employee health promotion

By taking the use of data to the next level, employers and insurers can improve their ability to promote better health through benefits plans. That…

  • By: Glenn Kauth
  • June 18, 2018 September 13, 2019
  • 11:58
Rising biosimilar uptake touted amid ‘continuously evolving’ evidence for safety, efficacy

Rising biosimilar uptake touted amid ‘continuously evolving’ evidence for safety, efficacy

Canada could save an estimated $280 million a year in drug costs if biosimilar uptake here reached the levels seen in Norway, a speaker told…

  • By: Glenn Kauth
  • June 18, 2018 September 13, 2019
  • 11:57
The role of convenience, personalization in a changing health-care landscape

The role of convenience, personalization in a changing health-care landscape

With the workplace changing rapidly, the health-care landscape will be evolving along with it, a speaker told the audience at Benefits Canada‘s Calgary Benefits Summit…

  • By: Glenn Kauth
  • June 18, 2018 September 13, 2019
  • 11:56
Great-West Life unveils bike pavilion for head office employees

Great-West Life unveils bike pavilion for head office employees

The Great-West Life Assurance Co. is providing a bike pavilion to employees who commute on two wheels to its head office in Winnipeg. With storage for up…

  • By: Staff
  • June 18, 2018 September 13, 2019
  • 10:33
Report urges Newfoundland to introduce legislation for work-related stress

Report urges Newfoundland to introduce legislation for work-related stress

A new report is calling on the Newfoundland and Labrador government to establish presumptive legislation for post-traumatic stress disorder and occupational stress, as well as a law that…

  • By: Staff
  • June 15, 2018 September 13, 2019
  • 15:50
Markers Financial introducing group medical cannabis product

Markers Financial introducing group medical cannabis product

Markers Financial Inc. is launching a group insurance product that covers medical cannabis on Aug. 15. The company, which is a division of Toronto-based Evergreen Pacific…

  • By: Staff
  • June 15, 2018 September 13, 2019
  • 09:15
Ontario Teachers’ Ron Mock receives Belgian knighthood

Ontario Teachers’ Ron Mock receives Belgian knighthood

The kingdom of Belgium has presented Ron Mock, president and chief executive officer of the Ontario Teachers’ Pension Plan, with its second-highest order of knighthood.…

  • By: Staff
  • June 14, 2018 September 13, 2019
  • 17:00
Pension cuts part of latest contract offer for Ontario mine workers

Pension cuts part of latest contract offer for Ontario mine workers

After nearly two months of strike action, Compass Minerals International Inc. and hourly workers at its mine in Goderich, Ont., remain at a stalemate in…

Caisse takes stake in French industrial company

Caisse takes stake in French industrial company

The Caisse de dépôt et placement du Québec is purchasing a stake in a France-based company, the Delachaux Group. Operating in 35 countries, the Delachaux Group…

  • By: Staff
  • June 14, 2018 September 13, 2019
  • 14:00
Municipal employers weigh in as OPSEU criticizes OMERS review

Municipal employers weigh in as OPSEU criticizes OMERS review

The Ontario Public Service Employees Union is adding its voice to the concerns about possible pension plan changes by the Ontario Municipal Employees Retirement System.…

Great-West Life, Morneau Shepell partner for online cognitive behavioural therapy

Great-West Life, Morneau Shepell partner for online cognitive behavioural therapy

The Great-West Life Assurance Co. has partnered with Morneau Shepell Ltd. to offer web-based cognitive behavioural therapy to plan members receiving disability benefits for a…

  • By: Staff
  • June 13, 2018 September 13, 2019
  • 15:15