Latest news in Benefits Canada News

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Manitoba becomes first province to join national pharmacare program with $219 million deal

Manitoba has become the first province to officially join Ottawa’s pharmacare program, giving it access to federal funding to cover the cost of birth control…

Expert panel: How employers can prepare their benefits plans, support employees amid U.S. tariff threat

Economic uncertainty, including the potential for new U.S. tariffs, is prompting businesses to review their workforce strategies and benefits policies to remain resilient. While employers…

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DC investment options impacted by plan sponsor approach, external factors: report

When designing an optimal menu of defined contribution investment options, it’s important for plan sponsors to maintain a documented rationale for the investment lineup and…

  • By: Staff
  • February 28, 2025 February 26, 2025
  • 09:00

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

An article on the Ontario Municipal Employees’ Retirement System’s 2024 financial results was the most-read story on BenefitsCanada.com this past week. Here are the top…

  • By: Staff
  • February 28, 2025 February 27, 2025
  • 09:00
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Asset owners call on Canadian banks to stick with climate goals

Canadian asset owners representing about $53 billion in holdings say they’re disappointed that Canada’s financial institutions have left net-zero emissions initiatives and are calling for…

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Telus Health building awareness of expression behind Black hair this Black History Month and beyond

Telus Health is promoting diversity and sharing the beauty of Black cultures through its latest Black History Month campaign. Every February, the organization spotlights Black-led…

Apple shareholders reject proposal to scrap company’s DEI programs

Apple Inc. shareholders rebuffed an attempt to pressure the technology trendsetter into joining U.S. President Donald Trump’s push to scrub corporate programs designed to diversify…

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Caisse returns 9.4% in 2024, net assets grow to $473BN

The Caisse de dépôt et placement du Québec is reporting a 9.4 per cent investment return as at Dec. 31, 2024, pushing its total net…

  • By: Staff
  • February 26, 2025 February 26, 2025
  • 15:00
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Caisse steering investments toward Quebec companies amid U.S. tariff threat

The Caisse de dépôt et placement du Québec is introducing a program that will steer investment capital toward Quebec companies launching projects that increase productivity…

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Fewer millennials, gen Z employees on track to save for retirement: survey

While a quarter (26 per cent) of Canadians say they don’t face any barriers and are on track to saving for their ideal retirement, only…

  • By: Staff
  • February 25, 2025 February 24, 2025
  • 09:00
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OMERS returns 8.3%, grows net assets to $138.2BN in 2024

The Ontario Municipal Employees’ Retirement System is reporting a return of 8.3 per cent as at Dec. 31, 2024. The investment organization surpassed its 7.5…

  • By: Staff
  • February 24, 2025 February 24, 2025
  • 15:00

Spain government pushing through legislation for reduced workweek

Spain’s government is pushing through legislation that would reduce the normal workweek from 40 to 37.5 hours with no reduction in pay, according to a…

  • By: Staff
  • February 24, 2025 February 21, 2025
  • 09:00
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Caisse selling 1.4% of common shares in Intact, IMCO writing down Northvolt investment: report

The Caisse de dépôt et placement du Québec is selling 2.5 million shares in Intact Financial Corp. for a gross price of $278.60 per share.…

  • By: Staff
  • February 21, 2025 February 19, 2025
  • 15:00

Why standing all day at work can be hazardous to employee health

While traveling in Europe, Margaux Lantelme noticed something different about the store cashiers: they did their work sitting down. It was a stark contrast to…

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

An article on how financial wellness programs can help employees in their relationships was the most-read story on BenefitsCanada.com this past week. Here are the…

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

Employee belonging at core of DEI programs: expert

As employers reframe or move away from diversity, equity and inclusion programs, it’s important they remember employee belonging is at the core of these initiatives,…

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Survey finds 72% of U.K. employees in favour of responsibly invested pension plans

While nearly three-quarters (72 per cent) of U.K. employees say it’s important their employer offers a pension plan that’s invested according to environmental, social and…

  • By: Staff
  • February 20, 2025 February 21, 2025
  • 15:00

Ontario’s proposed long-term asset fund could introduce risks for both retail, institutional investors: PIAC

The Ontario Securities Commission’s proposal to provide retail investors access to private assets through a new fund vehicle could have adverse risks for institutional investors’…

  • By: Staff
  • February 20, 2025 February 19, 2025
  • 11:00
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FSRA’s third annual Pension Awareness Day promoting importance of retirement planning

The Financial Services Regulatory Authority of Ontario is promoting the importance of retirement planning and the value of a workplace pension on the third anniversary…

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Canadians believe they’ll need $1.54 million to retire: survey

Canadians believe they’ll need, on average, $1.54 million to retire, down from $1.67 million in 2023, according to a new survey by the Bank of…

  • By: Staff
  • February 20, 2025 February 20, 2025
  • 09:00

Institutional investors need to step up on climate as political momentum wavers: report

An advocacy group is calling on Canada’s public pension managers to use their financial heft to more publicly work to reduce climate change as political efforts become…

CAP members’ 2024 outcomes highest since start of pandemic: report

Capital accumulation plan members who retired in 2024 saw the highest CAP outcomes since the start of the coronavirus pandemic, according to a new report…

  • By: Staff
  • February 18, 2025 February 14, 2025
  • 15:00
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CPPIB returns 3.8% in fiscal Q3 2025

The Canada Pension Plan Investment Board is reporting a 3.8 per cent return and net assets of $699.6 billion as at Dec. 31, 2024, compared…

  • By: Staff
  • February 18, 2025 February 12, 2025
  • 11:00

Report finds global pension assets increase 4.9% in 2024

Global pensions assets rose by 4.9 per cent as of December 2024, reaching a record US$58.5 trillion, led by growth in the largest defined contribution…

  • By: Staff
  • February 18, 2025 February 13, 2025
  • 09:00
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64% of Canadian employees want higher salary for their position: survey

Roughly two-thirds (64 per cent) of Canadian employees say they want a higher salary for their position, according to a new survey by Robert Half…