Latest news in Benefits Canada News

2024 Investment Innovation Conference: Canada facing recession, impact of rate cut policy won’t be felt for years

Canadian spending per household trends show the country’s economy is experiencing a recession, said Stephen Poloz, former governor at the Bank of Canada and a…

2024: Investment Innovation Conference: China’s economic recovery plan aims to address structural investment challenges, property market concerns

Institutional investors are putting China’s dominance as an emerging market under consideration at a time of economic uncertainty for the country typically known as a…

2024 Investment Innovation Conference: Finetuning equities selection with inside, outside quant/fundamentals perspectives

When investment managers combine the inside view with the outside view, they make better decisions when it comes to choosing equities, according to Peter Stournaras, head…

2024 Investment Innovation Conference: How asset managers can make investing ‘boring again’ during geopolitical uncertainty

Despite the fact most geopolitical shocks can cause serious social and emotional damage, they have less of an impact on stock returns than many investors…

2024 Investment Innovation Conference: Increasing connectivity, cloud-based storage capabilities fuelling growth in data storage investments

Increasing connectivity and massive content generation is driving growth and interest in the market for large data storage capabilities. Speaking during the Canadian Investment Review’s…

2024 Investment Innovation Conference: A liability-aware investing assessment can help pension plan sponsors see the bigger picture

Defined benefit pension plan sponsors can improve their performance and risk assessment by closely evaluating the connection between assets and liabilities, said Jason Malinowski, chief…

2024 Investment Innovation Conference: Financial challenges fuelling anxiety in establishment institutions

The global population’s rejection of establishment systems and institutions is resulting in extreme election results following the coronavirus pandemic, said Don Guy, founding partner at…

2024 Investment Innovation Conference: Post-pandemic soft landing is here but market risks continue to loom

The U.S. economy has already sustained a soft landing, according to Michael Arone, chief investment strategist and managing director at State Street Global Advisors, during…

2024 Investment Innovation Conference: Harnessing lessons from the past to future-proof investment portfolios

In building a resilient portfolio, institutional investors can use lessons from the past to draw on market similarities throughout history. Speaking during a session sponsored…

2024 Investment Innovation Conference: Separating fact and fiction from investment stories requires correlation and causation review

The distinction between correlation and causation can help institutional investors determine better factors for investment decisions, according to Steve Foerster, a finance professor at Western…

2024 Investment Innovation Conference: Pension plan sponsors deploying AI cautiously, experimenting investment test cases

Pension plan sponsors’ integration of artificial intelligence will be a disruptive event that will require a delicate approach with sufficient testing, according to Alpesh Sethia (pictured…

Scope 3 emissions investment disclosure crucial for institutional investors: report

Institutional investors are facing significant barriers to including Scope 3 emissions as part of their disclosure strategy for environmental assets, according to a new report…

  • By: Staff
  • January 13, 2025 January 9, 2025
  • 09:00

CLHIA focusing on continued support for virtual health care, innovation in 2025

In 2025, the Canadian Life and Health Insurance Association hopes to see continued support for virtual health care and innovation, says Stephen Frank, the association’s…

  • By: Sadie Janes
  • January 13, 2025 January 13, 2025
  • 09:00

Employment Hero acquiring Humi

Employment Hero, an Australia-based human resources and employee benefits consultant, is acquiring Toronto-based HR consultant Humi. The acquisition, valued at more than $100 million, is…

  • By: Staff
  • January 10, 2025 January 9, 2025
  • 15:00

Amazon facing lawsuit over use of forfeited 401(k) funds, potential violation of ERISA

Amazon.com is facing a lawsuit that claims the company violated U.S. federal law by using nearly US$350 million in forfeited 401(k) funds to offset the company’s…

  • By: Staff
  • January 10, 2025 January 9, 2025
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on the issues that Canadian pension plan sponsors are considering in 2025 was the most-read story on BenefitsCanada.com this past week. Here are…

  • By: Staff
  • January 10, 2025 January 9, 2025
  • 09:00
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Canadian employees working 13.6 additional hours to prepare for, catch up from vacation: survey

Canadian employees who took vacation in 2024 worked, on average, an additional 13.6 hours on top of their regular work hours to prepare for and…

  • By: Staff
  • January 9, 2025 January 9, 2025
  • 14:55

Feds’ report dismisses Alberta’s CPP entitlement, offers formula to calculate potential exit: expert

While it doesn’t contain an exact figure, the federal government’s official rebuttal to a 2023 report — which argued Alberta is entitled to more than…

Average solvency ratio of DB pension plans increased 3% in Q4 2024: report

The median solvency ratio of Canadian defined benefit pension plans increased to 125 per cent by the end of the fourth quarter of 2024, up…

  • By: Staff
  • January 9, 2025 January 8, 2025
  • 09:00

VPLAs, target-benefit pension legislation among CIA’s 2025 priorities

Variable payment life annuities and the impact of gender identity on actuarial standards are among the issues the Canadian Institute of Actuaries is monitoring in…

Diverse-managed funds receiving smaller allocations from U.S. institutional investors: report

While U.S. institutional investors have slightly increased their allocations to diverse-managed funds, more than 95 per cent of their capital commitments remain concentrated in non-diverse…

  • By: Staff
  • January 8, 2025 January 8, 2025
  • 15:00

Lawsuit alleges feds prevented part-time RCMP officers from buying back into pension plan

The National Police Federation, which represents 20,000 Royal Canadian Mounted Police officers, has launched a class action claiming the federal government has wrongfully prevented part-time…

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McDonald’s rolls back diversity goals, initiatives

Four years after launching a push for more diversity in its ranks, McDonald’s Corp. is ending some of its diversity practices, citing a U.S. Supreme…