Latest news in Benefits Canada News

Q&A with 1Password’s Katya Laviolette

The software company’s chief people officer discusses family-building benefits, managing a fully remote workforce and quiet days with her four rescue animals. Q: What new…

OPB earns high marks in sustainability investment assessment review: report

The Ontario Pension Board scored at or above the median for the Principles for Responsible Investment Reporting Framework assessment tool, according to its latest sustainability…

  • By: Staff
  • May 1, 2025 May 2, 2025
  • 15:00
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OPP recruits suing OMERS, OPB over pension transfers

A group of former municipal police officers who were recruited by the Ontario Provincial Police have launched multi-million-dollar lawsuits against the Ontario Municipal Employees Retirement…

Report finds 60% of institutional investors adjusted portfolios in 2024 due to interest rate changes

Six in 10 (60 per cent) global institutional investors say interest rate changes were the No. 1 factor behind portfolio adjustments in 2024, according to…

  • By: Staff
  • May 1, 2025 April 30, 2025
  • 11:00

Claims for fertility drugs up nearly 15% among female plan members in 2024: report

The percentage of female benefits plan members using fertility drugs rose by roughly 14.57 per cent in 2024, according to a new report by Manulife…

  • By: Staff
  • May 1, 2025 April 30, 2025
  • 09:00

CSSB appointing Wendy Berman as chair

The Canadian Sustainability Standards Board is appointing Wendy Berman as chair, effective May 5. Berman is a former vice-chair of the Ontario Securities Commission and,…

  • By: Staff
  • April 30, 2025 April 28, 2025
  • 15:00
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RBC scraps sustainable finance commitment, holds back on disclosures

Canada’s largest bank said Tuesday that it has scrapped one of its flagship climate commitments and is holding back on publicizing other climate progress in…

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Market turmoil has many afraid to check retirement savings

Michael Montgomery used to check the balance on his retirement account once a week and smile. But lately, not wanting to get upset and question…

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Trump tariffs impacting CAP member outcomes in 2025: report

After reaching new highs at the end of 2024, capital accumulation plan member outcomes have seen significant impacts following the inauguration of U.S. President Donald…

  • By: Staff
  • April 30, 2025 April 29, 2025
  • 09:00

Are Canadian institutional investors still considering lithium-ion battery investments?

Doubts about the demand for electric vehicles in the U.S. is creating new questions around the development of the Canadian lithium-ion battery industry, says Jon…

How the coronavirus pandemic shifted employees’ retirement planning strategies

A global shutdown caused by the coronavirus pandemic gave Canadians an increase of unanticipated savings that led to a short period of stronger retirement savings…

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Public equities account for 42% of global asset owners’ portfolios: report

Public equities account for, on average, 42 per cent of asset owners’ portfolios, according to a new report by Northern Trust Corp. The report, based…

  • By: Staff
  • April 28, 2025 April 25, 2025
  • 15:00

Brazilian police probe pension fraud scheme that stole US$1 billion from retirees

Brazil ‘s federal police said they’re investigating a scheme that diverted more than R$6 billion, equivalent to US$1.05 billion, from pensions paid by the National…

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U.S. Supreme Court rules against Cornell University in 403(b) fees lawsuit

The U.S. Supreme Court has unanimously decided in favour of former Cornell University employees who accused the university of violating the Employee Retirement Income Security…

  • By: Staff
  • April 28, 2025 April 24, 2025
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on how flexible retirement savings plans can help employees retire early was the most-read story on BenefitsCanada.com this past week. Here are the…

  • By: Staff
  • April 25, 2025 April 24, 2025
  • 09:00

How Canada’s federal election could impact retirement savings

While there’s more work to be done, election campaign promises made by Canada’s major federal political parties that address retirement challenges are a step in…

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Ontario DB pension plans’ median solvency ratio at 122% in Q4 2024: report

The median solvency ratio for Ontario defined benefit pension plans remained stable at 122 per cent in the fourth quarter of 2024, according to a…

  • By: Staff
  • April 25, 2025 April 24, 2025
  • 09:00
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CAAT returns 15.2% in 2024, net assets increase to $23.3 billion

The Colleges of Applied Arts and Technology pension plan is reporting a 15.2 per cent net return at the end of 2024. The investment organization’s…

  • By: Staff
  • April 24, 2025 April 22, 2025
  • 11:00
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46% of multinational employers prioritizing use of technology in benefits management: survey

Almost half (46 per cent) of multinational companies say they’re prioritizing the use of employee-facing technology to support benefits management, including the use of artificial…

  • By: Staff
  • April 24, 2025 April 23, 2025
  • 09:00
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Survey finds U.S. employees believe they’ll need $1.26 million to retire comfortably

U.S. workers believe they’ll need an average of US$1.26 million in savings to retire comfortably, $200,000 less than the $1.46 million reported last year and…

  • By: Staff
  • April 23, 2025 May 1, 2025
  • 15:00

Average solvency ratio of Canadian pension plans drops 3% in Q1 2025: report

The average solvency ratio of Canadian pension plans declined three per cent as at March 31, 2025, according to a new report by Normandin Beaudry.…

  • By: Staff
  • April 23, 2025 April 22, 2025
  • 15:00

Are Canadian institutional investors reconsidering U.S. allocations amid ongoing trade war?

Institutional investors are facing tough choices about their allocation choice amid a trade war launched by U.S. President Donald Trump, says Dustin Reid, vice-president and…

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AIMCo staff cutting non-essential U.S. business travel: report

The Alberta Investment Management Corp. is preventing its staff from travelling to the U.S. for non-essential business trips, according to a report by Bloomberg. The…

  • By: Staff
  • April 22, 2025 April 17, 2025
  • 09:00

How mental-health leave can support employee well-being

Despite a fear of repercussions, more adults are recognizing that stepping back from work to deal with emotional burdens or psychological conditions that get in…

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Flexible savings plans, employer matching allowing employees to retire earlier than planned: survey

Flexible retirement savings plans and employer matching can potentially provide lower-income workers with earlier retirement options despite the rising cost of living, according to a…

  • By: Staff
  • April 21, 2025 April 17, 2025
  • 09:00