Latest news in Benefits Canada News

Sears DB members facing bleak payout prospects as company reduced to ‘shell of itself’

Sears DB members facing bleak payout prospects as company reduced to ‘shell of itself’

Sears Canada Inc. pension plan members are facing bleak prospects for getting their full pension payouts, according to a Toronto bankruptcy lawyer. “They won’t be…

Convergint Technologies’ employees pay it forward for mental health

Convergint Technologies’ employees pay it forward for mental health

Harnessing the power of good deeds to produce positive mental health among employees, Convergint Technologies is rolling out a pay-it-forward incentive program in May. “Every May,…

More institutional investors allocating assets to ETFs

More institutional investors allocating assets to ETFs

Canadian institutional investors that use exchange-traded funds allocate an average 18.8 per cent of total assets to them, according to research by Greenwich Associates. The…

  • By: Staff
  • May 11, 2018 September 13, 2019
  • 15:30
Newer benefits professionals get a primer on a complex industry

Newer benefits professionals get a primer on a complex industry

While she has 20 years of experience in the industry, Sheila Phillips is aware of how difficult it is to know everything in the benefits…

Sounding Board: Workplace mental health requires all hands on deck

Sounding Board: Workplace mental health requires all hands on deck

More than ever, mental health is at the centre of our national conversation. From mayors to chief executive officers to well-known Canadians, mental health has never had…

HumanaCare acquires virtual health-care platform

HumanaCare acquires virtual health-care platform

Employee health services company HumanaCare has acquired Toronto-based virtual health platform TranQool. In addition to delivering health care virtually, the acquisition will allow HumanaCare to…

  • By: Staff
  • May 11, 2018 September 13, 2019
  • 09:02
Pension plans eyeing gold as inflation concerns rise

Pension plans eyeing gold as inflation concerns rise

As inflation is back on institutional investors’ minds, some are eyeing an allocation to gold, both directly and through companies with exposure to the metal, according…

Canadian DB plan returns slow down as equities take a hit

Canadian DB plan returns slow down as equities take a hit

Canadian defined benefit pension plans held steady in positive territory in the first quarter of 2018 with returns of 0.2 per cent, according to RBC Investor and…

  • By: Staff
  • May 11, 2018 September 13, 2019
  • 09:01
Editorial: Of drugs and dentists: The best-laid plans or a political ploy?

Editorial: Of drugs and dentists: The best-laid plans or a political ploy?

It’s not often that the issues relevant to benefits plans emerge as an area of focus in the political realm. But with votes up for…

Keeping it simple: Ikea’s DPSP reinforces founder’s values

Keeping it simple: IKEA’s DPSP reinforces founder’s values

Despite his death earlier this year, Ikea founder Ingvar Kamprad’s influence lives on at the international furniture behemoth. The notoriously frugal Kamprad reportedly flew economy class,…

A workplace guide for the #MeToo era

A workplace guide for the #MeToo era

With the #MeToo movement in full swing in recent months, criminal lawyer Marie Henein crystallized what needs to change at an event in Toronto recently.…

The shifting landscape for variable benefits from DC plans

The shifting landscape for variable benefits from DC plans

There has been a lot of talk about variable benefits from defined contribution pension plans recently. Ontario has changes in the works to allow them, while…

Top 40 Money Managers: Charting the course through choppy waters

Top 40 Money Managers: Charting the course through choppy waters

Despite significant improvements recently to pension plan solvency levels, the start of 2018 has been a challenging one for institutional investors. Shifting monetary policies have…

Assessing the merits of workplace health coaching

Assessing the merits of workplace health coaching

Who wouldn’t want a coach to help with achieving health goals? According to the 2017 Sanofi Canada health-care survey, health coaching is a popular idea:…

Do employers have a legal duty to address the health effects of sitting at work?

Do employers have a legal duty to address the health effects of sitting at work?

Canadians spend an average of almost 10 hours each day, excluding sleep time, being sedentary. That counts as risky behaviour given studies that have linked…

Unsick days: A kitschy gimmick or a path to a healthier workplace?

Unsick days: A kitschy gimmick or a path to a healthier workplace?

Is it right to take a sick day to visit the doctor for preventative care such as physical exams, teeth cleaning and health screenings? Doing…

28% of Canadian gen-Xers have no retirement savings, survey finds

28% of Canadian gen-Xers have no retirement savings, survey finds

More than a quarter of generation Xers in Canada haven’t saved anything for retirement, a new survey from Franklin Templeton Investments Corp. has found. While…

  • By: Staff
  • May 10, 2018 September 13, 2019
  • 10:39
Ontario Teachers’ to sell Helly Hansen stake to Canadian Tire

Ontario Teachers’ to sell Helly Hansen stake to Canadian Tire

The Ontario Teachers’ Pension Plan is selling its majority stake in apparel company Helly Hansen to Canadian Tire Corp. Ltd. After six years of ownership…

  • By: Staff
  • May 10, 2018 September 13, 2019
  • 10:08
40% of Canadian workers trust employer for financial information, advice

40% of Canadian workers trust employer for financial information, advice

About a third (30 per cent) of Canadian workers view financial wellness programs as a major factor in selecting a new employer, but only 40…

  • By: Staff
  • May 10, 2018 September 13, 2019
  • 08:00
CPPIB invests in Indian roads, Korean tower, buys Enbridge renewable power stake

CPPIB invests in Indian roads, Korean tower, buys Enbridge renewable power stake

The Canada Pension Plan Investment Board is among the anchor investors in India’s first private infrastructure investment trust. Sponsored by L&T Infrastructure Development Projects Ltd., the CPPIB…

  • By: Staff
  • May 9, 2018 September 13, 2019
  • 15:31
Prescription drug cap, pensions at heart of Labrador strike

Prescription drug cap, pensions at heart of Labrador strike

A prescription drug cap is among the issues in a strike by United Steelworkers union members in western Labrador. The union members work for the Iron…

Telus Health acquires health division of Toronto-based software company

Telus Health acquires health division of Toronto-based software company

Toronto-based software company Symbility Solutions Inc. has sold its health division to Telus Health for approximately $16.5 million. “We are proud to announce the sale…

  • By: Staff
  • May 9, 2018 September 13, 2019
  • 13:21
Specialty drugs made up 31% of total private plan drug spending in 2017

Specialty drugs made up 31% of total private plan drug spending in 2017

Employer-sponsored drug plan spending increased 2.5 per cent from 2016 to 2017, according to Express Scripts Canada’s latest drug trend report. “The trend was fairly moderate…

Risks and opportunities for investors as plastics lose popularity

Risks and opportunities for investors as plastics lose popularity

On a global scale, regulatory rumblings are growing louder on single-use plastics, highlighting potential risks and opportunities within the plastics supply chain for institutional investors…

Ontario passes budget measures amending pension, PRPP acts

Ontario passes budget measures amending pension, PRPP acts

The Ontario government passed its 2018 budget measures on Tuesday, including amendments to the Pension Benefits Act and the Pooled Registered Pension Plans Act. The amendments…

  • By: Staff
  • May 8, 2018 September 13, 2019
  • 16:30