Latest news in Benefits Canada News

Mental-health leaves of absence among U.S. workers up 22% in Q1 2024: report

Roughly one in ten (11 per cent) of all leaves of absence among U.S. workers in the first quarter of 2024 were due to mental…

  • By: Staff
  • September 11, 2024 September 11, 2024
  • 15:00
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How are stewardship guidelines helping institutional investors address systemic risks?

Stewardship guidelines are helping institutional investors address climate risks and safeguard their investment in the long run, says Brian Minns, managing director of responsible investing at…

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Canadian employers increasing 2025 salary budgets by 3.4%: survey

Canadian employers’ 2025 salary budgets are increasing by an average of 3.4 per cent, down slightly from 3.6 per cent in 2024, according to a…

  • By: Staff
  • September 11, 2024 September 11, 2024
  • 09:00

Survey finds hybrid, remote employees more productive, connected to work

A majority of global employees say they feel more productive (84 per cent) and more connected to their teams (82 per cent) while working in…

  • By: Staff
  • September 10, 2024 September 10, 2024
  • 15:00
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Expert panel: Institutional investors should re-evaluate fees in ‘turbulent twenties’

An altering macroeconomic environment means that cost management requires continual attention by pension plans and other institutional investors. Today, as inflation and higher-for-longer rates exert…

  • By: Les Marton
  • September 10, 2024 September 6, 2024
  • 09:00
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Average Canadian DB pension plan returns 3.2% in July: report

The funded position of a typical Canadian defined benefit pension plan rose on both a solvency and accounting basis in July, according to Telus Health’s…

  • By: Staff
  • September 10, 2024 September 6, 2024
  • 09:00
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Molson Coors ends DEI policies, moves to ‘broader view’

Molson Coors Beverage Co. says it’s dropping its diversity, equity and inclusion policies and taking a “broader view” in which all employees know they’re welcome,…

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Canadian employers focusing on workers’ emotional well-being in post-pandemic era: survey

More than two-thirds (68 per cent) of Canadian employers say employees’ emotional well-being continues to be their main wellness focus as they navigate challenges posed…

  • By: Blake Wolfe
  • September 9, 2024 September 6, 2024
  • 09:00

Caisse investing in Quebec-based energy company, CPPIB buying stake in data centre operator

The Caisse de dépôt et placement du Québec is investing $575 million in Montreal-based natural gas company Énergir. The investment, which will be made in…

  • By: Staff
  • September 6, 2024 September 6, 2024
  • 15:00

Nova Scotia bill would give workers 27-week unpaid leave for serious illness

The Nova Scotia government has tabled a bill that would significantly increase the amount of unpaid time off for employees who develop a serious illness…

Ontario reviewing impact of preferred pharmacy networks on plan members’ costs, accessibility

Ontario’s Ministry of Health is consulting on the role of preferred pharmacy networks in the province’s employer-sponsored drug insurance sector to determine how these agreements impact…

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

An article announcing the finalists in the 2024 Workplace Benefits Awards was the most-read story on BenefitsCanada.com this past week. Here are the top five human…

  • By: Staff
  • September 6, 2024 September 6, 2024
  • 09:00
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Wall Street rally helped boost 401(k) gains in first half of 2024: report

Strong growth for stocks on Wall Street this year have helped juice gains for savers with retirement accounts. The average 401(k) plan balance stood at…

What do historically low interest rates mean for DB pension de-risking?

Canadian pension risk transfer sales increase to $2.5BN in Q2 2024: report

The market volume of annuity purchases by Canadian defined benefit pension plan sponsors reached an estimated $2.5 billion in the second quarter of 2024, compared…

  • By: Staff
  • September 5, 2024 September 6, 2024
  • 09:00
Using AI to gauge employee well-being, satisfaction

63% of U.S. employees using AI for precision instead of increasing productivity: survey

Nearly two-thirds (63 per cent) of U.S. employees use artificial intelligence tools to double-check their work, instead of tasks such as initial project research and data…

  • By: Staff
  • September 4, 2024 September 4, 2024
  • 15:00

Institutional investors paying up to 2% in private equity management fees: report

While the median investment management fee paid by institutional investors for private equity deals during the investment period is between 1.75 per cent and two…

  • By: Staff
  • September 4, 2024 September 4, 2024
  • 15:00
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Employees seeking alternatives to substance abuse treatment must provide evidence of effectiveness: Alberta court

The Court of King’s Bench of Alberta has ruled that employees who suggest an alternative to an employer’s accommodation for substance abuse treatment must provide…

Just 42% of U.S. workers confident they’re saving enough for retirement: survey

Just two-fifths (42 per cent) of U.S. employees say they feel highly confident they’re on track to save what they need in retirement, according to…

  • By: Staff
  • September 3, 2024 September 3, 2024
  • 15:00

Who are the finalists of the 2024 Workplace Benefits Awards?

Benefits Canada is pleased to announce the finalists of the 2024 Workplace Benefits Awards. Across nearly 100 entries in 12 categories, leading Canadian employers demonstrated their accomplishments in supporting their…

  • By: Staff
  • September 3, 2024 October 28, 2024
  • 09:00

ESG issues see declining support in shareholder voting events: AIMCo

The Alberta Investment Management Corp. says there has been declining support for shareholder proposals linked to environmental and social factors, while support has increased for governance…

  • By: Staff
  • September 3, 2024 September 3, 2024
  • 09:00
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Real return bonds a boon for institutional investors, pension plan members: report

The end of the federal government’s real return bond program will deprive institutional investors and pension plan members of a valuable investment tool that can help…

  • By: Staff
  • September 3, 2024 September 3, 2024
  • 09:00
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Ford, Lowes among employers pulling back from DEI policies

Ford Motor Co. and Lowe’s Companies Inc. have joined the ranks of companies that have pulled back on diversity, equity and inclusion policies while facing…

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

An article on Citigroup Inc.’s new parental and caregiver leave programs for U.S. employees was the most-read story on BenefitsCanada.com this past week. Here are the…

  • By: Staff
  • August 30, 2024 August 29, 2024
  • 09:00
Using AI to gauge employee well-being, satisfaction

68% of Canadian hiring managers reporting higher worker productivity in 2024: survey

More than two-thirds (68 per cent) of Canadian hiring managers are reporting an increase in employee productivity compared to last year, according to a new…

Survey finds 34% of U.S. employees aged 50 and older phasing into retirement

A third (34 per cent) of U.S. employees aged 50 and older are phasing into retirement, according to a new survey by WTW. The survey,…

  • By: Staff
  • August 29, 2024 August 29, 2024
  • 15:00