Latest news in Benefits Canada News

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Survey finds Canadian employers looking at AI to enhance worker productivity, but concerns remain

While more than a third (36 per cent) of Canadian employers estimate artificial intelligence will increase employee productivity by more than 30 per cent, 61…

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

Global pension assets up 11% in 2023: report

Global pension assets increased by 11 per cent to reach US$55.7 trillion in 2023, up from $50.2 trillion at the end of 2022, according to…

  • By: Staff
  • March 14, 2024 March 13, 2024
  • 09:00
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Manitoba government could boost security for remote work: Auditor General

Manitoba’s auditor general says the provincial government has introduced information technology security measures to help employees work from home, but some improvements are needed. Tyson…

HOOPP returns 9.38% for 2023, driven by equities, fixed income

The Healthcare of Ontario Pension Plan is reporting an annual return of 9.38 per cent for 2023, partly due to the performance of equities and…

Hub International acquiring London, Ont.-based Zavitz Insurance

Hub International Ltd. is acquiring London, Ont.-based Zavitz Insurance & Wealth Inc. Zavitz Insurance provides group employee benefits, living benefits, life insurance services and financial…

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

Expert panel: How plan sponsors are navigating benefits costs, innovations in 2024

With 2024 well underway, it’s important for employers to adapt their strategies in the ever-evolving landscape of employee benefits. Employee expectations continue to evolve and…

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OPTrust returns 5.3% in 2023, marks 15 consecutive years at 100% funded status

The OPSEU Pension Trust returned 5.3 per cent for 2023, according to its latest year-end report. It found, as of Dec. 31, 2023, the plan’s…

  • By: Staff
  • March 13, 2024 March 13, 2024
  • 09:00

58% of Canadian employees prefer a hybrid or remote work arrangement: survey

More than half (58 per cent) of Canadian employees say they prefer to work in a hybrid arrangement (33 per cent) or fully remotely (25…

  • By: Staff
  • March 13, 2024 March 12, 2024
  • 09:00
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OPB working with employers to receive salary information of employees impacted by Bill 124

The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00

Rise in private credit demand will push institutional investors to provide increased disclosure: expert

While the growing demand for private credit will require additional disclosure by institutional investors, it’s yet to be seen whether it will resemble similar restrictions…

Caisse, CPPIB, Ontario Teachers’ invest in insurance company

BCI making key appointments to executive, private equity teams

The British Columbia Investment Management Corp. is making several appointments on its executive and private equity investment teams. The investment organization is appointing Rechelle Effendy…

  • By: Staff
  • March 12, 2024 March 11, 2024
  • 09:00
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Four-day workweek improves employee well-being, retention: expert

In the four-day workweek trials that have taken place in Canada and the U.S., there’s evidence that a shorter week can support higher levels of…

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Jamieson Laboratories’ workers ending strike after securing wage increase, vision benefits enhancements

More than 300 employees of Windsor, Ont.’s Jamieson Laboratories Ltd. are ending their 34-day strike after securing a new contract agreement that includes significant wage…

  • By: Staff
  • March 11, 2024 March 9, 2024
  • 09:00
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How employers can prioritize women’s health in benefits plans

Amid a wave of frank and open discussions about women’s health, more plan sponsors are beginning to review their benefits and human resources policies with…

Coverage of the 2024 Chronic Disease at Work conference

For nearly 10 years, Benefits Canada’s Chronic Disease at Work conference has examined the current trends in chronic disease in Canada and what they mean for plan…

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A closer look at menopause-inclusive workplaces

Employers can support employees going through menopause by improving their workplace culture, communication and accommodation policies and employee benefits, said Janet Ko, president and co-founder of…

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Plan members with Alzheimer’s still have plenty to offer the workplace: patient advocate

After her husband Mike Kessler was diagnosed with mild Alzheimer’s disease in 2021, Karen Kessler admitted she would hover around him. The Windsor, Ont. couple…

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What employers need to know about pulmonary arterial hypertension

Employees with pulmonary arterial hypertension can experience significant impacts to their quality of life and workplace experience, said John Granton, a respirologist with the University…

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How plan sponsors can support employees with inflammatory bowel disease

With the increased availability of treatments for inflammatory bowel disease, patients can achieve longer periods of remission, said Vipul Jairath, a gastroenterologist at the London…

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Canada lags behind peer countries on female representation in management: report

Women in corporate leadership still face barriers, with significant gaps in business ownership, representation and compensation, according to a report by the Canadian Chamber of…

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CPPIB investing in U.S., Italian telecommunications operators

The Canada Pension Plan Investment Board is joining an investment group acquiring Italian telecommunications provider NetCo. The investment organization will acquire a 17.5 per cent stake…

  • By: Staff
  • March 8, 2024 March 8, 2024
  • 15:00

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

An article on Eastman Kodak Co.’s plans to outsource management of its pension assets was the most-read story on BenefitsCanada.com. Here are the top five…

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

65% of women employees concerned about receiving inadequate pay increases: survey

Nearly two-thirds (65 per cent) of women say inadequate compensation increases is their biggest concern in 2024, according to a new survey by Robert Half…

Report finds women taking 69% of all mental-health leaves of absence

In 2023, women took 69 per cent of all leaves of absence related to mental health in North America, according to a new report by ComPsych…

  • By: Staff
  • March 8, 2024 March 8, 2024
  • 09:00

Work-life balance driving Canadian employees’ happiness: survey

Work-life balance continues to be the No. 1 factor driving Canadians’ workplace happiness, according to a new survey by ADP Canada Co. The survey, which…

  • By: Staff
  • March 7, 2024 March 7, 2024
  • 15:00