Latest news in Benefits Canada News

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North American employers prioritizing employee productivity, benefits costs in 2025: report

Three-quarters (75 per cent) of Canadian employers and two-thirds (66 per cent) of U.S. employers say they plan to link compensation directly to performance outcomes,…

  • By: Staff
  • May 23, 2025 May 22, 2025
  • 09:00
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Canadian DB pension plan sponsors spending US$165 in per-member administration costs: report

Canadian defined benefit pension plan sponsors have an average per-member administration cost of US$165, according to a new report by CEM Benchmarking Inc. The report,…

  • By: Staff
  • May 22, 2025 May 21, 2025
  • 11:00

Climate action group advising Canadian companies on transition plans

A new climate initiative is advising Canadian companies on how to develop effective climate transition plans as part of a larger effort to support a…

58% of Ontario workers say retirement planning includes considering physical, mental health: survey

More than half (58 per cent) of Ontario employees say retirement planning should go beyond financial wellness and encompass physical and mental health and social…

  • By: Staff
  • May 22, 2025 May 21, 2025
  • 09:00
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CPPIB returns 9.3% in latest fiscal year

The Canada Pension Plan Investment Board says it earned a net return of 9.3 per cent for its latest fiscal year. The board says the…

How employers can support employee health amid current measles outbreak

As cases of measles continue to climb across Canada, employers can support employee health and productivity by educating workers on vaccines and encouraging them to…

OPB appointing Andrew Tambone as CIO

The Ontario Pension Board is appointing Andrew Tambone as chief investment officer. In the role, Tambone will be responsible for overseeing the OPB’s relationship with…

  • By: Staff
  • May 21, 2025 May 20, 2025
  • 09:00

Employees increasingly refusing toxic workplaces

One week into a new job, Lisa Grouette discovered something missing come Sunday night: the sinking feeling of dread she used to experience before going…

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Estimated funded status of 100 largest U.S. DB pension plans increased to 102.9% in April: report

The estimated funded status of the 100 largest U.S. public defined benefit pension plans rose to 102.9 per cent in April, up slightly from 102.7…

  • By: Staff
  • May 20, 2025 May 16, 2025
  • 11:00
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Institutional investors leaning on active management strategies for equities amid economic volatility: expert

Amid a new cycle of market volatility caused by U.S. tariffs, institutional investors are facing a dilemma when selecting active or passive management strategies for…

Survey finds 75% of women want benefits to specifically support their health

Three-quarters (75 per cent) of women say they want or need benefits that specifically support women’s health, including services for fertility and menopause, according to…

  • By: Staff
  • May 20, 2025 May 16, 2025
  • 09:00

6.1 million Canadian workers juggling jobs and caregiving: report

For more than six million working Canadians, caregiving isn’t just part of life — it’s part of the workday. Yet despite juggling these responsibilities, most…

Pension risk transfer sales decrease to $700 million in Q1 2025: report

The Canadian annuity purchase market recorded $700 million in transactions during the first quarter of 2025, according to a new report by Telus Health. It…

  • By: Staff
  • May 16, 2025 May 14, 2025
  • 15:00

Ontario proposing additional $5BN to infrastructure bank, enhancing support for Indigenous projects

In its 2025 budget on Thursday, the Ontario government proposed an additional $5 billion in funding to a provincial infrastructure bank that leverages public sector…

  • By: Staff
  • May 16, 2025 May 16, 2025
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article that examined an Ontario court’s ruling on an employer’s termination clause was the most-read story on BenefitsCanada.com this past week. Here are the…

  • By: Staff
  • May 16, 2025 May 15, 2025
  • 09:00
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U.K. DC pension providers committing 10% of default funds to private markets by 2030

Seventeen of the largest workplace pension providers in the U.K. have agreed to invest at least 10 per cent of their defined contribution default funds…

  • By: Staff
  • May 15, 2025 May 15, 2025
  • 15:00
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Investment manager leaving U.S. due to anti-trans policies

An U.S. investment manager’s decision to open a Canadian office could pave the way for multinational employers to consider the safety of transgender employees in…

Aviso maintaining DEI efforts amid rollbacks by other employers, geopolitical tension

Wealth services firm Aviso is maintaining its diversity, equity and inclusion efforts amid geopolitical uncertainty, trade wars and DEI rollbacks by other employers, says Sherri…

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RCMP, PSAC agreement increases number of paid leave days

The Public Service Alliance of Canada has reached a tentative agreement for more than 700 civilian members of the Royal Canadian Mounted Police working in…

  • By: Staff
  • May 15, 2025 May 14, 2025
  • 09:00

PSP invests in U.S. partnership with Bell Canada, Caisse leads investment round in Quebec-owned hotel chain

The Public Sector Pension Investment Board is creating a new long-term strategic partnership with BCE Inc. The new partnership, named Network FiberCo, will accelerate the…

  • By: Staff
  • May 14, 2025 May 9, 2025
  • 15:00

59% of global institutional investors consider investment managers strategic partners: survey

Roughly six in 10 (59 per cent) institutional investors view their asset manager as a strategic partner in their work, according to a new survey…

  • By: Staff
  • May 14, 2025 May 9, 2025
  • 09:00
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Expert panel: How long do pension administrators need to keep plan records?

Administering a pension plan involves the accumulation of large amounts of data in the form of documents, filings, reports, emails and letters. At some point,…

40% of U.S. gen Z employees report weekly bouts of depression, anxiety: survey

Two-fifths (40 per cent) of generation Z employees say they feel depressed or anxious at least a few times per week, down from 45 per…

  • By: Staff
  • May 13, 2025 May 13, 2025
  • 15:00

Fortune 1000 DB plan sponsors moving from public equities to debt, cash: report

Defined benefit pension plans sponsored by Fortune 1000 companies entered 2023 with an aggregate funded position of 100.1 per cent, remaining almost unchanged at a…

  • By: Staff
  • May 13, 2025 May 12, 2025
  • 09:00

Ontario court rules employer’s termination clause enforceable due to clear language, entitlements

A recent Ontario Superior Court decision demonstrates that it remains possible for employers to insert enforceable termination clauses in employment contracts. For some five years…