Latest news in Benefits Canada News

Have your say: Did human rights tribunal get it right in decision on ending benefits at 65?

Have your say: Did human rights tribunal get it right in decision on ending benefits at 65?

The Ontario Human Rights Tribunal’s recent ruling that it’s unconstitutional for plan sponsors to discontinue benefits for employees after the age of 65 represents a…

  • By: Ryan Murphy
  • June 13, 2018 September 13, 2019
  • 15:00
Ontario Teachers’ to get new Toronto offices as part of Cadillac Fairview building project

Ontario Teachers’ to get new Toronto offices as part of Cadillac Fairview building project

Cadillac Fairview Corp. Ltd. has announced the construction of a new 46-storey office tower on Front Street West in Toronto that will house its owner,…

  • By: Staff
  • June 13, 2018 September 13, 2019
  • 14:41
Employee satisfaction with benefits plans on the rise in 2018: Sanofi survey

Employee satisfaction with benefits plans on the rise in 2018: Sanofi survey

Canadian employees and plan sponsors are on the same page when it comes to the quality of their health benefits plans, according to the 2018…

  • By: Staff
  • June 13, 2018 September 13, 2019
  • 11:07
Sanofi survey finds plan sponsors split on issue of medical cannabis

Sanofi survey finds plan sponsors split on issue of medical cannabis

There’s an almost even split among plan sponsors on whether to cover medical marijuana in their health benefits plans, according to the 2018 Sanofi Canada…

  • By: Staff
  • June 13, 2018 September 13, 2019
  • 11:06
Fewer plan sponsors offering wellness programs: Sanofi survey

Fewer plan sponsors offering wellness programs: Sanofi survey

Just 41 per cent of plan sponsors said they offer a wellness program to their employees in 2018, down from 51 per cent in 2017 and…

  • By: Staff
  • June 13, 2018 September 13, 2019
  • 11:05
Personal finances affecting workplace stress, survey finds

Personal finances affecting workplace stress, survey finds

Canadians’ personal finances have an impact on their health, with just 26 per cent of people in poor health describing their financial situation as excellent…

  • By: Staff
  • June 13, 2018 September 13, 2019
  • 11:04
Data key in helping employees with chronic disease, survey finds

Data key in helping employees with chronic disease, survey finds

While chronic disease is a persistent problem in the workplace, employers are missing key data illustrating how employees’ conditions are affecting their work, according to the 2018 Sanofi…

  • By: Staff
  • June 13, 2018 September 13, 2019
  • 11:03
Sanofi survey finds 85% of plan members used drug plans last year

Sanofi survey finds 85% of plan members used drug plans last year

The majority (85 per cent) of Canadian plan members used their drug plan at least once in the past year, according to the 2018 Sanofi Canada…

  • By: Staff
  • June 13, 2018 September 13, 2019
  • 11:02
Benefits plan sponsors continuing to focus on cost management: Sanofi survey

Benefits plan sponsors continuing to focus on cost management: Sanofi survey

The majority (81 per cent) of plan sponsors said they have a philosophy or long-term view that defines why they offer benefits plans and that…

  • By: Staff
  • June 13, 2018 September 13, 2019
  • 11:01
PSP Investments posts 9.8 per cent return for fiscal 2018

PSP Investments posts 9.8 per cent return for fiscal 2018

At the end of its 2018 fiscal year, the Public Sector Pension Investment Board posted a net return of 9.8 per cent, representing $13.5 billion…

  • By: Staff
  • June 13, 2018 September 13, 2019
  • 10:45
Quebec passes bill eliminating disparities in pension, benefits plans

Quebec passes bill eliminating disparities in pension, benefits plans

Quebec has passed its bill eliminating disparities in pension and supplementary group benefits plans. The bill was passed on Tuesday with a number of additions to the province’s…

  • By: Staff
  • June 13, 2018 September 13, 2019
  • 09:38
Global investors stepping up action on responsible investing: Aon

Global investors stepping up action on responsible investing: Aon

While 68 per cent of global institutional investors said they consider responsible investing to be important to their organization to some degree, 40 per cent…

  • By: Staff
  • June 12, 2018 September 13, 2019
  • 17:15
Isolation, missing out on team environment top downsides of remote working: survey

Isolation, missing out on team environment top downsides of remote working: survey

A quarter (26 per cent) of Canadian workers said the biggest downside of remote working is feeling isolated or missing out on the team environment, according…

  • By: Staff
  • June 12, 2018 September 13, 2019
  • 17:00
Walter Group creates platform to invest in asset management business

Walter Group creates platform to invest in asset management business

Pension plans are very familiar with working with outside asset managers, but the Montreal-based Walter Group of companies wants to give them the opportunity to…

Trans Mountain discussions limited so far: CPPIB head

Trans Mountain discussions limited so far: CPPIB head

While an investment bank that provides advisory services to the federal government has approached the Canada Pension Plan Investment Board about the Trans Mountain pipeline,…

Caisse-backed venture capital fund completes $75M financing round

Caisse-backed venture capital fund completes $75M financing round

Luge Capital, a venture capital fund backed by the Caisse de dépôt et placement du Québec, has completed a round of financing worth $75 million…

  • By: Staff
  • June 11, 2018 September 13, 2019
  • 15:00
Quebec group seeks increased focus on parental leave, work-life balance for fathers

Quebec group seeks increased focus on parental leave, work-life balance for fathers

A Quebec-based not-for-profit organization is suggesting a series of public policy proposals to encourage fathers in the province to take more parental leave and prompt employers to…

  • By: Staff
  • June 11, 2018 September 13, 2019
  • 15:00
Extreme weather takes toll on workplace absenteeism, disability claims, study finds

Extreme weather takes toll on workplace absenteeism, disability claims, study finds

Alongside its financial impact, extreme weather takes a toll on absenteeism, mental health and disability claims, according to a new study by the Intact Centre on Climate…

  • By: Ryan Murphy
  • June 11, 2018 September 13, 2019
  • 10:46
CPPIB issuing green bonds, investing in Chinese tech company

CPPIB issuing green bonds, investing in Chinese tech company

The Canada Pension Plan Investment Board is issuing green bonds with an aim to boost its holdings in renewable energy and efficient buildings. Over the past…

  • By: Staff
  • June 11, 2018 September 13, 2019
  • 09:00
Walmart introduces tuition benefit for U.S. employees

Walmart introduces tuition benefit for U.S. employees

Walmart Inc. is introducing an education benefit for its employees in the United States and Puerto Rico, allowing workers to pursue degrees in business and…

Parental, compassionate leave changes take effect in B.C.

Parental, compassionate leave changes take effect in B.C.

Expanded leave of absence entitlements in British Columbia, including parental and compassionate leave, took effect at the end of May. The changes to the province’s Employment…

  • By: Staff
  • June 7, 2018 September 13, 2019
  • 15:30
Lower bond yields push DB pension solvency down in May: Aon

Lower bond yields push DB pension solvency down in May: Aon

Lower bond yields and mixed markets drove down the median solvency ratio of Canadian defined benefit plans in May, according to Aon’s monthly survey. On June 1,…

  • By: Staff
  • June 7, 2018 September 13, 2019
  • 15:15
BCI, Ontario Teachers’ part of acquisition of Vancouver container terminal operator

BCI, Ontario Teachers’ part of acquisition of Vancouver container terminal operator

The British Columbia Investment Management Corp. and Australian institutional funds manager IFM Investors are entering into an agreement with the Ontario Teachers’ Pension Plan to become…

  • By: Staff
  • June 7, 2018 September 13, 2019
  • 15:00
The hazards of responsible investing in emerging markets

The hazards of responsible investing in emerging markets

Applying environmental, social and governance filters when investing in emerging markets isn’t easy given challenges such as a lack of company transparency, varying governance structures…

OPTrust invests in Canadian innovation fund

OPTrust invests in Canadian innovation fund

The OPSEU Pension Trust is among investors helping Yaletown Partners move towards its goal of $200 million for its innovation growth fund. Having reached more…

  • By: Staff
  • June 6, 2018 September 13, 2019
  • 15:53