Latest news in Benefits Canada News

Canadians with employer-sponsored health benefits 20% more likely to seek care when needed: survey

Canadians with an employer-provided benefits plan are 20 per cent more likely to seek care when needed and 25 per cent more likely to report…

  • By: Staff
  • September 27, 2024 September 30, 2024
  • 09:00

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

An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members was the most-read story…

  • By: Staff
  • September 27, 2024 September 26, 2024
  • 09:00

HOOPP’s Jeff Wendling retiring in 2025

Jeff Wendling, president and chief executive officer at the Healthcare of Ontario Pension Plan, will be retiring in 2025 after more than 25 years with…

  • By: Staff
  • September 26, 2024 November 6, 2024
  • 11:00
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How are Canadian DB pension plan sponsors making use of surplus funds amid positive funded status environment?

With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…

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Feds seeking feedback on solvency reserve accounts for federally regulated DB pension plans

The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…

  • By: Staff
  • September 26, 2024 September 30, 2024
  • 11:00

Benefits use, plan sustainability top of mind for major Canadian employers: 2024 BCHS report launch

The 2024 Benefits Canada Healthcare Survey highlighted the perfect storm plan sponsors are facing: trying to strike the right balance between competitive benefits and plan…

  • By: Kelsey Rolfe
  • September 26, 2024 September 23, 2024
  • 09:00

CalPERS CEO pay reaching US$1.2M due to investment performance boost: report

Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…

  • By: Staff
  • September 25, 2024 September 23, 2024
  • 15:00
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58% of Canadian employers communicating pay information regardless of regulations: survey

The majority of U.S. (86 per cent) and Canadian (58 per cent) employers say they communicate pay rates or ranges across the entire country or…

  • By: Staff
  • September 25, 2024 September 24, 2024
  • 15:00

Work still to be done to address mental-health risks in the workplace: 2024 BCHS report launch

Benefits plan sponsors’ efforts to reduce stigma around mental-health challenges and encourage employees to bring their whole selves to work are bearing fruit, said benefits…

  • By: Kelsey Rolfe
  • September 25, 2024 September 23, 2024
  • 09:00
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Survey finds 33% of North American workers report declining financial situation

A third (33 per cent) of North American workers say they’re financially worse off than a year ago and have financial issues that are negatively…

  • By: Staff
  • September 24, 2024 September 20, 2024
  • 15:00
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AIMCo making key appointments to executive team as CIO steps away from role

The Alberta Investment Management Corp. is appointing two of its investment leaders to new executive roles, effective immediately, as Marlene Puffer steps away from her…

  • By: Staff
  • September 24, 2024 September 24, 2024
  • 15:00

Expert panel: The different pathways to pursuing a total portfolio approach

The total portfolio approach is gaining interest as a new investing strategy for pension funds and other asset owners, but its novel status may be…

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86% of institutional investors adopting sustainable investing strategies: survey

Roughly nine in 10 (86 per cent) institutional investors with assets under management of US$10 billion or more say they’re incorporating sustainable investments as part…

  • By: Staff
  • September 24, 2024 September 20, 2024
  • 11:00

Plan sponsors encouraged to use benefits for preventative health care: 2024 BCHS report launch

Canadian benefits plan sponsors are increasingly seeking to balance providing competitive benefits against plan sustainability issues, said expert panellists during the launch event for the…

  • By: Kelsey Rolfe
  • September 24, 2024 September 23, 2024
  • 09:00
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Canadian employers project average base salary increase of 3.6% in 2025: survey

Canadian employers are projecting an average base salary increase of 3.6 per cent in 2025, a percentage that increases to 3.9 per cent among British…

  • By: Staff
  • September 23, 2024 September 23, 2024
  • 15:00

Plan members’ financial strain a call to action for plan sponsors: 2024 BCHS report launch

Canadian health benefits plan members are increasingly feeling financially strained, according to the 2024 Benefits Canada Healthcare Survey — a finding that experts say should…

  • By: Kelsey Rolfe
  • September 23, 2024 September 20, 2024
  • 09:00
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Caisse investing in U.S.-based utilities firm, BCI backing acquisition of India-based communications infrastructure provider

The Caisse de dépôt et placement du Québec is buying a 30 per cent indirect stake in the Ohio subsidiary of energy firm AES Corp.…

  • By: Staff
  • September 20, 2024 September 20, 2024
  • 15:00

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

An article on International Business Machines Corp.’s latest pension risk transfer was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources,…

  • By: Staff
  • September 20, 2024 September 19, 2024
  • 09:00

Workplace wellness culture influencing job satisfaction, perception of benefits plan: 2024 BCHS

While three-quarters (76 per cent) of benefits plan members agreed their employer’s workplace culture or environment encourages health and wellness, plan sponsors were more enthusiastic,…

  • By: Staff
  • September 20, 2024 September 19, 2024
  • 09:00
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PSP Investments’ green assets increased to $64.9BN in fiscal 2024: report

The Public Sector Pension Investment Board has $64.9 billion invested in green assets, compared to $48.9 billion in fiscal 2023, according to the investment organization’s…

  • By: Staff
  • September 19, 2024 September 18, 2024
  • 11:00

Majority of employers feel it’s challenging to provide benefits in today’s economic climate: 2024 BCHS

A large majority (80 per cent) of Canadian employers feel it’s extremely (36 per cent) or somewhat challenging (44 per cent) to provide benefits in…

  • By: Staff
  • September 19, 2024 September 18, 2024
  • 09:00
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DEI pushback an opportunity for employers to highlight intention behind diversity, inclusion initiatives: expert

While the recent pullback from diversity, equity and inclusion policies by several large employers may be concerning to some employees, it also provides companies with…

  • By: Blake Wolfe
  • September 19, 2024 February 21, 2025
  • 09:00

Increasing cybersecurity risks pushing institutional investors to build effective response plans: expert

An increase in the frequency of digital breaches among financial organizations is pushing institutional investors to take the necessary steps to prevent cyberattacks, says Sebastien…

ONWA joining CAAT’s DBplus pension plan

Roughly 200 employees of the Ontario Native Women’s Association are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. The ONWA is a…

  • By: Staff
  • September 18, 2024 September 18, 2024
  • 15:00