Latest news in Benefits Canada News

Ontario rolls out several parts of new DB framework

Ontario rolls out several parts of new DB framework

Several of the regulations under Ontario’s new framework for defined benefit pension plans are coming into effect today. “It’s the most comprehensive we’ve seen certainly…

SurveyMonkey introduces benefits package for contract workers

SurveyMonkey introduces benefits package for contract workers

SurveyMonkey Inc. is introducing health benefits, improved time-off policies and transportation subsidies for its contract employees and those who work with the company through third-party commercial…

  • By: Staff
  • April 30, 2018 September 13, 2019
  • 12:00
CAAT to introduce new DB plan

CAAT to introduce new DB plan

The Colleges of Applied Arts and Technology pension plan is looking to launch a new defined benefit pension plan that will be available to workplaces…

  • By: Staff
  • April 30, 2018 September 13, 2019
  • 11:09
Caisse releases first stewardship investing report

Caisse releases first stewardship investing report

As part of its plan to address environmental, social and governance factors, the Caisse de dépôt et placement du Québec has released its first stewardship investing report.…

  • By: Staff
  • April 30, 2018 September 13, 2019
  • 10:37
A look at Sears’ U.S. pension prospects as Canadian windup ordered

A look at Sears’ U.S. pension prospects as Canadian windup ordered

Whatever the fate of Sears Holdings Corp.’s operations in the United States, the company’s American pensioners are likely to emerge better off than their Canadian…

Pooled funds see negative returns for first quarter of 2018

Pooled funds see negative returns for first quarter of 2018

For the first quarter of 2018, diversified pooled fund managers saw a median return of minus 0.7 per cent before management fees, according to new data…

  • By: Staff
  • April 27, 2018 September 13, 2019
  • 10:14
RBC Insurance to study pharmacogenetic testing for biologic drugs

RBC Insurance to study pharmacogenetic testing for biologic drugs

When RBC Insurance Services Inc. began offering pharmacogenetic testing to its group benefits plan sponsors and began a clinical study of the issue in relation…

  • By: Ryan Murphy
  • April 27, 2018 September 13, 2019
  • 09:23
Sun Life recognized for digital functionality

Sun Life recognized for digital functionality

Sun Life Financial Inc. has received top marks from Forrester Research Inc. for the digital functionality of its life insurance business. The research and advisory firm evaluated the websites of…

  • By: Staff
  • April 26, 2018 September 13, 2019
  • 16:00
More guidance on substance use policies required as pot legalization nears: report

More guidance on substance use policies required as pot legalization nears: report

Companies are falling short when it comes to having comprehensive policies on substance use, according to a new report by the Canadian Centre on Substance…

  • By: Staff
  • April 26, 2018 September 13, 2019
  • 15:45
Ontario passes pay transparency legislation

Ontario passes pay transparency legislation

Ontario passed pay transparency legislation on Thursday, making it the first province to do so. Beginning Jan. 1, 2019, the province will require all job postings…

  • By: Staff
  • April 26, 2018 September 13, 2019
  • 15:00
Incorrect pension accounting significantly understates Ontario deficits: auditor general

Incorrect pension accounting significantly understates Ontario deficits: auditor general

As Ontarians prepare for the upcoming provincial election campaign, the province’s auditor general is raising the stakes in her dispute with the government about its…

  • By: Staff
  • April 26, 2018 September 13, 2019
  • 09:49
Technology to have biggest impact on the future of work: survey

Technology to have biggest impact on the future of work: survey

Employers expect technological changes and the availability of talent to have the biggest impact on the workplace in the next five years, according to new…

  • By: Staff
  • April 25, 2018 September 13, 2019
  • 16:30
iA Financial rolls out new group health and wellness product

iA Financial rolls out new group health and wellness product

The iA Financial Group is introducing a new group health and wellness product that allows employers to create a customized program to manage health-related issues within their…

  • By: Staff
  • April 25, 2018 September 13, 2019
  • 16:00
Ontario annuity discharge changes coming July 1

Ontario annuity discharge changes coming July 1

As of July 1, 2018, new provisions under Ontario’s Pension Benefits Act will allow the sponsors of defined benefit pension plans to obtain a discharge…

  • By: Staff
  • April 25, 2018 September 13, 2019
  • 13:00
People Watch: New appointments at Canada Infrastructure Bank, Financial Horizons

People Watch: New appointments at Canada Infrastructure Bank, Financial Horizons

The Canada Infrastructure Bank has appointed Annie Ropar as its chief financial officer and chief administrative officer, effective June 1. In her duties as chief…

  • By: Staff
  • April 25, 2018 September 13, 2019
  • 10:21
bcIMC to buy stake in U.S. window dressing company

bcIMC to buy stake in U.S. window dressing company

The British Columbia Investment Management Corp., along with AEA Investors, has agreed to purchase Springs Window Fashions from Golden Gate Capital. The company, headquartered in Middleton, Wis.,…

  • By: Staff
  • April 25, 2018 September 13, 2019
  • 10:03
Wellington Management opens first Canadian office

Wellington Management opens first Canadian office

Wellington Management Co. LLP has opened its first Canadian office in downtown Toronto. On Wednesday, the Boston-based investment management firm announced the opening of its…

  • By: Staff
  • April 25, 2018 September 13, 2019
  • 09:54
Canadian executives predict one in five roles will cease to exist in near future

Canadian executives predict one in five roles will cease to exist in near future

More than half of Canadian business executives expect a substantial portion of the jobs at their companies won’t exist in five years, according to a…

  • By: Staff
  • April 25, 2018 September 13, 2019
  • 09:40
Several Ontario universities looking to form new JSPP

Several Ontario universities looking to form new JSPP

The University of Toronto, University of Guelph and Queen’s University are proposing to combine their respective pension schemes into one jointly sponsored defined benefit plan.…

Have your say: Did Commons committee get it right on pharmacare?

Have your say: Did Commons committee get it right on pharmacare?

In last week’s report on pharmacare, the House of Commons’ standing committee on health recommended a significant departure from the current mix of private drug…

  • By: Ryan Murphy
  • April 24, 2018 September 13, 2019
  • 12:20
CPPIB makes several executive appointments

CPPIB makes several executive appointments

The Canada Pension Plan Investment Board has announced several senior executive appointments, all of which will be effective June 1, 2018. Leading the credit investments…

  • By: Staff
  • April 24, 2018 September 13, 2019
  • 11:00
Morneau Shepell opens up crisis line in wake of Toronto tragedy

Morneau Shepell opens up crisis line in wake of Toronto tragedy

In the wake of Monday’s tragedy in Toronto that left 10 people dead and 14 injured, Morneau Shepell Ltd. has opened its crisis support line…

  • By: Staff
  • April 24, 2018 September 13, 2019
  • 10:48
OMERS sells stake in international airport portfolio

OMERS sells stake in international airport portfolio

The infrastructure arm of the Ontario Municipal Employees Retirement System has entered an agreement to sell its stake in Airports Worldwide Inc., a portfolio of airport…

  • By: Staff
  • April 24, 2018 September 13, 2019
  • 10:10
Workplace disability coverage drops significantly from 2015

Workplace disability coverage drops significantly from 2015

Less than half of working Canadians have disability coverage provided through their workplace benefits, according to a survey by RBC Insurance Services Inc. The survey,…

  • By: Staff
  • April 24, 2018 September 13, 2019
  • 09:59
France-based insurer acquires Benecaid

France-based insurer acquires Benecaid

France-based insurance company April has acquired Benecaid Health Benefits Solutions Inc. The acquisition will allow the Lyon, France-based company to expand and diversify the Canadian side…

  • By: Ryan Murphy
  • April 23, 2018 September 13, 2019
  • 11:05