Latest news in Benefits Canada News

Coverage of the 2024 Endowment & Foundation Investment Forum

On June 18, the Canadian Investment Review hosted a group of endowment and foundation investment executives, academics and money managers in Toronto for the 2024 Endowment & Foundation Investment…

  • By: Staff
  • August 8, 2024 August 6, 2024
  • 08:00

2024 Endowment & Foundation Investment Forum: Central banks make soft landing after recession concerns

Central banks are achieving a successful soft landing strategy after concerning periods of high inflation following the coronavirus pandemic, said Douglas Porter, chief economist and…

2024 Endowment & Foundation Investment Forum: Integrating impact and non-impact investments within overall asset allocation

Sustainable investing materializes when institutional investors start adding intentionality to their strategies and actions, said Maxime Chevalier, alternative investments specialist at Desjardins Global Asset Management…

2024 Endowment & Foundation Investment Forum: How plan sponsors’ understanding of sustainable investing is evolving

Sustainable investing is entering a phase where a concrete focus on execution as well as real-world impact and metrics are becoming essential, said Kevin Quinlan,…

2024 Endowment & Foundation Investment Forum: More options needed for institutional investors to track sustainable investments

Institutional investors face several challenges in proving the value of sustainable investments, said Arijit Banik, treasurer at York University, during a session at the Canadian…

2024 Endowment & Foundation Investment Forum: The connection between private assets and impact investments

The goals of impact investing can be more easily achieved through private assets, said Martin Bélanger, director of investments at Western University, during a fireside…

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Ontario’s proposed amendment to succession law could create confusion around pension matters: ACPM

The Association of Canadian Pension Management is urging the Ontario government to ensure its proposed amendment to the Succession Law Reform Act doesn’t introduce unintended confusion…

  • By: Staff
  • August 7, 2024 August 7, 2024
  • 15:00
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Average Canadian DB pension plan returns 1.1% in Q2 2024: reports

The average Canadian defined benefit pension plan posted a median return of 1.1 per cent in the second quarter of 2024, according to a new…

  • By: Staff
  • August 7, 2024 August 5, 2024
  • 09:00

Ontario’s new regulations for publicly advertised jobs providing transparency for job-seekers: expert

Stronger regulations at the provincial level surrounding Ontario employers’ publicly advertised job postings can prevent companies from ‘ghosting’ applicants and provide candidates with more transparency…

Report finds majority of Canadian employers have employment, retention programs for people with disabilities

A majority (82 per cent) of Canadian companies have employment and retention programs focused on, or inclusive of, people with disabilities, according to a new…

  • By: Staff
  • August 6, 2024 August 7, 2024
  • 15:00

47% of U.S. employers report 2024 salary budgets are lower than last year: survey

Nearly half (47 per cent) of U.S. employers report their salary budgets for 2024 are lower than the previous year, as the overall median pay…

  • By: Staff
  • August 6, 2024 August 6, 2024
  • 09:00

Nova Scotia Pension Services Corp. assets increase to $13.7BN in fiscal 2024

The Nova Scotia Pension Services Corp. — which administers the investment assets of the Public Service Superannuation Plan and the Teachers’ Pension Plan — reported…

  • By: Staff
  • August 5, 2024 August 1, 2024
  • 15:00

Canadian employers ramping up hiring as inflation eases: expert

Half (52 per cent) of Canadian employers say they’re planning to add new permanent positions in the second half of the year, according to a…

51% of U.S. pre-retirees, retirees delaying retirement, returning to the workforce: survey

Half (51 per cent) of U.S. pre-retirees and retirees say they’re considering either delaying or coming out of retirement, according to a new survey from…

  • By: Staff
  • August 5, 2024 August 2, 2024
  • 09:00
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Caisse invests $600M in Fiera Capital, BCI sells majority stake in Hayfin

The Caisse de dépôt et placement du Quebec is investing $600 million in Quebec-based asset management firm Fiera Capital. The transaction is part of the…

  • By: Staff
  • August 2, 2024 August 2, 2024
  • 13:00

What should employers know about Quebec’s pension legislation?

Businesses that are planning to establish themselves in Quebec by way of expansion or acquisition should be aware of some unique aspects of the province’s…

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

An article detailing how Canada’s exemplary pension regulatory system is helping to safeguard plans from mismanagement was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • August 2, 2024 August 1, 2024
  • 09:00
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U.S. public pension plans’ funded ratio increasing to 80.6% in 2024: report

The estimated funded ratio of U.S. state and municipal pension plans is expected to increase to 80.6 per cent in 2024 due to the outperformance…

  • By: Staff
  • August 1, 2024 August 1, 2024
  • 15:00
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32% of U.S. managers say return to office was to keep track of employees’ work habits: survey

Nearly a third (32 per cent) of managers in the U.S. say the ability to keep track of employees’ work habits was the main goal…

  • By: Staff
  • August 1, 2024 July 31, 2024
  • 09:00

Extending ‘25-and-out’ legislation could stabilize public sector pension plans’ maturity issues: expert

The federal government’s move to introduce legislation extending pension eligibility to frontline public safety and law enforcement workers after 25 years of service could help manage…

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Estimated funded status of 100 largest U.S. DB pension plans increased to 79.9% in June: report

The estimated funded status of the 100 largest U.S. public defined benefit pension plans rose to 79.9 per cent in June, from 79.4 per cent…

  • By: Staff
  • July 31, 2024 July 31, 2024
  • 15:00

Fully remote employees have higher levels of loneliness: report

Employees who work remotely full time report higher levels of loneliness (25 per cent) than those who work fully onsite (16 per cent), according to…

  • By: Staff
  • July 31, 2024 July 30, 2024
  • 09:00

41% of U.K. employees no longer working from home at all in 2024: survey

Two-fifths (41 per cent) of U.K. employees are no longer working from home at all in 2024, up from 36 per cent in 2023, according…

  • By: Staff
  • July 30, 2024 July 30, 2024
  • 15:00

LCBO, OPSEU agreement includes multiple benefits gains

The union representing employees of the Liquor Control Board of Ontario has ratified a three-year collective agreement that includes multiple benefits gains, ending a two-week…

  • By: Staff
  • July 30, 2024 July 29, 2024
  • 09:00

Culture of compliance prevents mismanagement, conflict at Canadian pension funds: expert

A culture of prudent investment standards and guideline compliance is keeping Canadian pension funds safe from some of the unique risk management cases seen abroad,…