Latest news in Benefits Canada News

Meet the 2024 Workplace Benefits Awards judges

With the 2024 Workplace Benefits Awards’ nomination process soon drawing to a close, Benefits Canada is pleased to announce this year’s panel of judges. The deadline for this…

  • By: Staff
  • June 28, 2024 July 19, 2024
  • 09:00

Mental-health claims by Canadians up 132% since pandemic: report

Mental-health claims by Canadians have increased by 132 per cent since the onset of the coronavirus pandemic, according to a new report by GreenShield. The report,…

  • By: Staff
  • June 27, 2024 June 27, 2024
  • 15:00

Mandating Canadian pension funds’ domestic investments could harm plan members: study

A potential federal mandate for Canadian pension funds to increase their domestic investments could end up harming the very people the pension system is set…

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

Sounding Board: What plan sponsors should know about pharmacare

Plan sponsors worried about the expense and sustainability of their drug plan might initially embrace a pharmacare plan, hoping to shift drug costs to a…

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59% of Canadians with a workplace pension plan feel prepared for retirement: survey

Six in 10 (59 per cent) Canadians with an employer-sponsored pension plan say they feel somewhat or very well prepared for retirement, compared to only 34…

1Password’s Pride Month events highlighting intersectionality, community spirit

For Pride Month, 1Password is bringing employees together to highlight intersectionality through a host of initiatives, including a keynote presentation by Canada’s Drag Race‘s season one contestant,…

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Gender pay gap in Canada’s tech sector almost tripled between 2016 and 2021: report

The gender pay gap in Canada’s technology sector almost tripled between 2016 and 2021, amounting to the average salary of a woman in the industry…

Employees hunting for discounts, deals can check perks offered by workplace

Everyone loves a deal, but many Canadians either forget or don’t realize they can find discounts through their workplace. “There really are a lot [of…

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Three-quarters of Canadian employers offer or are keen to offer flexible benefits: survey

Three-quarters of Canadian organizations (and 67 per cent of global employers) either offer or are keen to offer benefits choice or flexible benefits, according to a…

  • By: Staff
  • June 25, 2024 June 24, 2024
  • 09:00

UN’s Net-Zero Asset Owner Alliance adopting intermediate targets

The United Nations’ Net-Zero Asset Owner Alliance — an association of financial organizations that includes the Caisse de dépôt et placement du Québec — is…

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FSRA releases final guidance on roles, responsibilities of pension plan administrators

The Financial Services Regulatory Authority of Ontario has updated its guidance on the roles and responsibilities of pension plan administrators, adding three additional areas for administrators…

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

How ‘Chronoworking’ is helping boost employee productivity, recruitment

The concept of “chronoworking” is an emerging flexibility trend that can help with employee engagement and productivity, as well as attraction and retention. Similar to…

34% of U.S. employers covering GLP-1s for both diabetes, weight loss: survey

Roughly a third (34 per cent) of employers in the U.S. are providing coverage for glucagon-like peptide-1 medications for both diabetes care and weight-loss management in 2024, up…

  • By: Staff
  • June 24, 2024 June 21, 2024
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

A story discussing the factors leading employees to delay taking time off and instead engage in ‘quiet vacationing’ was the most-read story this week on…

  • By: Staff
  • June 21, 2024 June 20, 2024
  • 09:00

Feds should make capital gains tax exemption permanent for employee ownership trusts: report

Academics from the Canadian Centre for Policy Alternatives and the University of Victoria have released a report calling on the federal government to make permanent…

Editorial: Viewing pensions, benefits through a DEI lens

While the coronavirus pandemic’s impact on public health and the global economy dominated the news cycle in recent years, there has been no shortage of…

Survey finds a fifth of global employees report experiencing loneliness

A fifth of global employees report experiencing loneliness, with the percentage increasing for employees under 35, according to a new report by Gallup Inc. The…

  • By: Staff
  • June 21, 2024 June 20, 2024
  • 09:00

Head to head: Are employers effectively using monthly awareness campaigns to support year-round DEI efforts?

One consultant says these campaigns are informing employers’ strategic decision-making, while another stresses the importance of ensuring employees understand the reason for marking these occasions.…

How BNP Paribas’ DEI strategy is attracting, supporting diverse talent

While employers in the financial services industry have made some progress in attracting diverse talent across the traditionally male-dominated sector, there’s still a long way…

A look at what’s next for inclusive employee benefits

When looking at the future of inclusive benefits, it’s important for employers to take a holistic approach and ensure their benefits plans offer something for…

How the investment strategies of the Maple 8 impact the decisions of medium- and small-sized plan sponsors

While many of the investment strategies and resources at the disposal of the Maple 8 — Canada’s eight largest public pension plans that represent more…

2024 Top 100 Pension Funds report: Employees’ financial wellness moving up the agenda for pension plan sponsors

When Phillip Kotanidis took over as chief human resources officer at Toronto’s Michael Garron Hospital in 2018, the financial well-being of staff wasn’t exactly high…

B.C.’s Municipal Pension Plan focusing on sustainable investments

Chelsea Kittleson joined British Columbia’s Municipal Pension Plan at a time of change for the investment organization. The MPP’s executive director, who joined the plan…

How employers can support neurodiverse employees

Based on multiple studies, it’s estimated that roughly 15 to 20 per cent of the global population is neurodivergent, an umbrella term that includes autism,…

Q&A with the UPP’s Omo Akintan

The University Pension Plan’s chief people officer discusses expanding the talent pool, providing access to personalized and culturally relevant mental-health practitioners and finding time to…