Latest news in Benefits Canada News

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Ontario Teachers’ returns 4.2% for first half of 2024

The Ontario Teachers’ Pension Plan earned a net return of 4.2 per cent for the first six months of this year. The result came as the pension fund earned…

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CAP member outcomes continue to increase in Q2 2024: report

Capital accumulation plan members continued to see an uptick in their plan outcome for the second quarter of 2024, as gross income replacement ratios remained…

  • By: Staff
  • August 14, 2024 August 14, 2024
  • 15:00

Alberta officials advised against releasing CPP exit survey results: report

Alberta’s finance and treasury board warned against releasing the official results from a government survey evaluating the interest in a new potential pension plan, according…

  • By: Staff
  • August 14, 2024 August 16, 2024
  • 15:00

Federal judge rules Florida’s transgender health-care ban discriminates against state employees

A U.S. federal judge has ruled that Florida’s transgender health-care ban discriminates against state employees and violates their civil rights. Chief U.S. District Judge Mark…

Expert panel: The importance of employee feedback in shaping benefits plans

Most employers look to get feedback from their employees on a variety of topics that touch on the worker experience. Valuable information can be found…

Caisse, OMERS commit US$400M to emerging market energy transition debt

The Caisse de dépôt et placement du Québec and the Ontario Municipal Employees’ Retirement System are investing US$400 million in emerging market energy transition debt.…

  • By: Staff
  • August 13, 2024 August 13, 2024
  • 15:00

Canadian pension plans facing unexpected taxes in EU countries: PIAC

Canadian pension plans are facing unforeseen taxation of dividends in European Union countries like Germany and the Netherlands, said the Pension Investment Association of Canada.…

  • By: Staff
  • August 13, 2024 August 12, 2024
  • 09:00

Are AI’s energy demands impacting the appeal of data centres to institutional investors?

The demand for artificial intelligence is leading to increased energy usage by data centres and creating a link between the two assets, says Matthew Mendes,…

Only a quarter of Canadian employees say their employer offers summer perks: survey

Only a quarter (24 per cent) of Canadian employees say their employer offers seasonal perks during the summer, according to a new survey by ADP…

  • By: Staff
  • August 12, 2024 August 12, 2024
  • 15:00
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OMERS acquires Italian railway station operator, CPPIB selling office asset for US$264M

The Ontario Municipal Employees’ Retirement System’s infrastructure arm is partnering with an infrastructure investment fund managed and advised by DWS Group to acquire Italy-based Grandi…

  • By: Staff
  • August 12, 2024 August 9, 2024
  • 09:00

Alberta court certifies class action alleging Uber workers are employees

A pair of law firms say an Alberta court has certified a class action alleging Uber Technologies Inc. has so much control over drivers and…

Editorial: Evolution and impact

After several years of development, two long-awaited national health-care initiatives are finally taking shape, raising questions about their impact to employer-sponsored benefits plans. In May,…

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70% of Canadian workers say flexibility key to job satisfaction: survey

Seven in 10 (70 per cent) Canadian workers say flexibility is key to job satisfaction, according to Telus Health’s latest mental-health index. It found while the…

  • By: Staff
  • August 9, 2024 August 8, 2024
  • 09:00

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

An article on the nuances of Quebec’s pension laws was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources,…

  • By: Staff
  • August 9, 2024 August 8, 2024
  • 09:00
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How employers can support working grandparents’ financial wellness, retirement readiness

Working grandparents who are providing financial support to children and/or grandchildren are risking their own plans for retirement, says Craig Bannon, director of financial planning…

Head to head: Is it time to retire the term ‘retirement?’

One actuary says social and technological factors are changing the concept of retirement, while another notes the fundamentals remain the same. Michel St-Germain, retired actuary, fellow…

How BDO’s Do What You Love program is helping employees pursue their passions

BDO Canada LLP employees who are considering taking a pottery course, planning a family vacation or even booking a caterer for their wedding can get…

2024 Consultants Report: Is there an inherent conflict of interest when consulting firms consolidate?

The consolidation of firms within the pension and benefits industries could pose a threat because there’s less choice available in terms of service providers, says…

How Canada’s large pension funds are approaching green investment disclosures

Institutional investors are disclosing the environmental impact of their assets through increasingly sophisticated sustainability reports that use the latest disclosure metrics. While some of Canada’s…

Suncor taking slow, steady approach to investment trends

Amid an increasingly volatile global economy, many institutional investors are employing innovative investment strategies to deliver returns, but Suncor Energy Inc. views a methodical adoption…

What can the Canadian pension industry learn from U.S. CAP litigation?

While lawsuits against Canadian capital accumulation plans are virtually non-existent, U.S. pension litigation holds several lessons for plan sponsors that are based north of the…

A closer look at Finland’s new flexible parental leave

When Finland introduced changes to its parental leave policy in 2022, it was specifically aimed at encouraging fathers to take as much time off work…

Q&A with Securian Canada’s Sofia Theodorou

Securian Canada’s chief human experience officer discusses weaving inclusivity and employee well-being into the workplace culture, leveraging artificial intelligence to make human resources objectives more…

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Survey finds future U.S. employees value health benefits, work-life balance

The next generation of U.S. workers say health benefits (72 per cent), paid time off (63 per cent) and flexible schedules (61 per cent) are…

  • By: Staff
  • August 8, 2024 August 9, 2024
  • 15:00
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60% of U.S. employees say they’ve used virtual health care: report

Nearly two-thirds (60 per cent) of U.S. employees currently use or have previously used virtual care as part of their health-care experience, according to a…

  • By: Staff
  • August 8, 2024 August 7, 2024
  • 09:00